PaySign, Inc. provides prepaid card programs and processing services under the PaySign brand to corporations, government agencies, universities, and other organizations. The company offers various services, including transaction processing, cardholder enrollment, value loading, cardholder account management, reporting, and customer service through PaySign, a proprietary card-processing platform. It also develops prepaid card products for healthcare reimbursement payments, pharmaceutical assistance, donor compensation, corporate and incentive rewards, and expense reimbursement cards; and payroll or general purpose reloadable cards, as well as gift or incentive cards. In addition, the company offers Buy and Bill programs for patients to purchase directly from physician's office or through an infusion center for physician administered therapies; payment solution for source plasma collection centers; and PaySign Premier, a demand deposit account debit card, as well as customer service center and PaySign Communications Suite services. Its principal target markets for processing services comprise prepaid card issuers, retail and private-label issuers, small third-party processors, and small and mid-size financial institutions in the United States and internationally. The company was formerly known as 3PEA International, Inc. and changed its name to PaySign, Inc. in April 2019. PaySign, Inc. was incorporated in 1995 and is based in Henderson, Nevada.
Industry, Sector and Symbol
Industry Business services, not elsewhere classified
Sub-IndustryN/A
SectorBusiness Services
CIKN/A
Phone702-453-2221
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$23.42 million
Profitability
Miscellaneous
Employees64
Next Earnings Date3/9/2020 (Estimated)
OptionableOptionable
PaySign (NASDAQ:PAYS) Frequently Asked Questions
What is PaySign's stock symbol?
PaySign trades on the NASDAQ under the ticker symbol "PAYS."
How were PaySign's earnings last quarter?
PaySign, Inc. (NASDAQ:PAYS) announced its earnings results on Tuesday, November, 5th. The company reported $0.05 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.03 by $0.02. The company had revenue of $9 million for the quarter, compared to analyst estimates of $8.98 million. PaySign had a return on equity of 66.05% and a net margin of 19.56%. PaySign's revenue for the quarter was up 40.6% compared to the same quarter last year. View PaySign's Earnings History.
When is PaySign's next earnings date?
What guidance has PaySign issued on next quarter's earnings?
PaySign updated its FY 2019 earnings guidance on Monday, September, 9th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $35-37 million, compared to the consensus revenue estimate of $38.57 million.
What price target have analysts set for PAYS?
5 brokerages have issued 1 year price targets for PaySign's shares. Their forecasts range from $10.00 to $16.00. On average, they expect PaySign's share price to reach $13.20 in the next year. This suggests a possible upside of 47.2% from the stock's current price. View Analyst Price Targets for PaySign.
What is the consensus analysts' recommendation for PaySign?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PaySign in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for PaySign.
What are Wall Street analysts saying about PaySign stock?
Here are some recent quotes from research analysts about PaySign stock:
- 1. According to Zacks Investment Research, "PaySign Inc. is a provider of prepaid card programs and processing services for corporate, consumer and government applications through its Paysign(R) brand. PaySign Inc., formerly known as 3PEA International Inc., is based in Henderson, Nevada. " (11/12/2019)
- 2. BTIG Research analysts commented, "We are reiterating our Neutral rating on PAYS while modestly reducing our estimates for FY19 revenue. Our new estimate for 3Q19 revenue is $10.27mm, down from $10.56mm, while our new estimate for 4Q19 revenue is $10.72mm, down from $11.0mm. Our new estimate for PAYS’ FY19 revenue is $36.88, down from $37.46mm." (9/10/2019)
- 3. Maxim Group analysts commented, "1Q19 results beat or matched consensus, and management reiterated 2019 guidance, which would represent a y/y increase in revenue of 62%-71% and a y/y increase in adjusted EBITDA of 104%-145%." (5/8/2019)
Has PaySign been receiving favorable news coverage?
Media coverage about PAYS stock has trended positive this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. PaySign earned a coverage optimism score of 3.0 on InfoTrie's scale. They also gave media stories about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the near future. View News Stories for PaySign.
Are investors shorting PaySign?
PaySign saw a drop in short interest during the month of October. As of October 31st, there was short interest totalling 8,620,000 shares, a drop of 9.3% from the September 30th total of 9,500,000 shares. Based on an average trading volume of 1,310,000 shares, the short-interest ratio is currently 6.6 days. Approximately 32.2% of the shares of the company are short sold. View PaySign's Current Options Chain.
Who are some of PaySign's key competitors?
Some companies that are related to PaySign include Cardtronics (CATM), Stamps.com (STMP), CBIZ (CBZ), Conduent (CNDT), GreenSky (GSKY), Viad (VVI), Qiwi (QIWI), LendingClub (LC), Radware (RDWR), Phreesia (PHR), Tabula Rasa HealthCare (TRHC), Cass Information Systems (CASS), TechTarget (TTGT), QuinStreet (QNST) and B. Riley Financial (RILY).
What other stocks do shareholders of PaySign own?
Who are PaySign's key executives?
PaySign's management team includes the folowing people:
- Mr. Mark R. Newcomer, Co-Founder, Vice-Chairman, Pres & CEO (Age 54)
- Mr. Daniel H. Spence, Co-Founder, CTO & Director (Age 55)
- Ms. Joan M. Herman, COO & Exec. Director (Age 62)
- Mr. Mark Kenneth Attinger, Chief Financial Officer (Age 54)
- Mr. Egon Kardum, Chief Information Officer
Who are PaySign's major shareholders?
PaySign's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include California Public Employees Retirement System (0.43%), Cadence Capital Management LLC (0.32%), Navellier & Associates Inc (0.28%), Hennessy Advisors Inc. (0.20%), Creative Planning (0.16%) and Cavalier Investments LLC (0.12%). Company insiders that own PaySign stock include Daniel R Henry, Daniel Spence, Mark Newcomer and Quinn P Williams. View Institutional Ownership Trends for PaySign.
Which institutional investors are selling PaySign stock?
PAYS stock was sold by a variety of institutional investors in the last quarter, including Cim LLC. Company insiders that have sold PaySign company stock in the last year include Daniel R Henry, Daniel Spence, Mark Newcomer and Quinn P Williams. View Insider Buying and Selling for PaySign.
Which institutional investors are buying PaySign stock?
PAYS stock was purchased by a variety of institutional investors in the last quarter, including Cadence Capital Management LLC, Navellier & Associates Inc, Creative Planning, Cavalier Investments LLC, Hennessy Advisors Inc., 1492 Capital Management LLC, Alps Advisors Inc. and Tibra Equities Europe Ltd. View Insider Buying and Selling for PaySign.
How do I buy shares of PaySign?
Shares of PAYS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is PaySign's stock price today?
One share of PAYS stock can currently be purchased for approximately $8.97.
How big of a company is PaySign?
PaySign has a market capitalization of $429.88 million and generates $23.42 million in revenue each year. The company earns $2.57 million in net income (profit) each year or $0.09 on an earnings per share basis. PaySign employs 64 workers across the globe.View Additional Information About PaySign.
What is PaySign's official website?
How can I contact PaySign?
PaySign's mailing address is 1700 W Horizon Ridge Parkway Suite 200, Henderson NV, 89012. The company can be reached via phone at 702-453-2221 or via email at [email protected]
MarketBeat Community Rating for PaySign (NASDAQ PAYS)
MarketBeat's community ratings are surveys of what our community members think about PaySign and other stocks. Vote "Outperform" if you believe PAYS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PAYS will underperform the S&P 500 over the long term. You may vote once every thirty days.
