Paysafe (NYSE:PSFE) Lowered to Strong Sell Rating by Zacks Research

Zacks Research downgraded shares of Paysafe (NYSE:PSFEFree Report) from a hold rating to a strong sell rating in a report released on Wednesday,Zacks.com reports.

A number of other research firms also recently commented on PSFE. Royal Bank Of Canada restated a “sector perform” rating and set a $11.00 price objective (up from $9.00) on shares of Paysafe in a report on Thursday. Wall Street Zen cut Paysafe from a “buy” rating to a “hold” rating in a report on Sunday, April 19th. UBS Group restated a “sell” rating and set a $7.50 price target (up from $6.75) on shares of Paysafe in a research note on Thursday. Susquehanna reaffirmed a “neutral” rating and issued a $10.00 price objective (up from $9.00) on shares of Paysafe in a research note on Thursday. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Paysafe in a report on Thursday, January 22nd. One research analyst has rated the stock with a Buy rating, three have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Reduce” and an average target price of $10.96.

Check Out Our Latest Research Report on PSFE

Paysafe Trading Down 12.5%

Shares of PSFE stock opened at $8.18 on Wednesday. The stock has a market cap of $422.55 million, a P/E ratio of -2.32, a P/E/G ratio of 0.31 and a beta of 1.82. Paysafe has a fifty-two week low of $5.95 and a fifty-two week high of $15.02. The business has a fifty day simple moving average of $7.84 and a 200-day simple moving average of $7.86. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 3.98.

Paysafe (NYSE:PSFEGet Free Report) last issued its quarterly earnings data on Wednesday, May 13th. The company reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.01. Paysafe had a positive return on equity of 10.90% and a negative net margin of 11.44%.The business had revenue of $442.72 million for the quarter, compared to the consensus estimate of $424.41 million. Paysafe has set its FY 2026 guidance at 2.120-2.320 EPS. On average, analysts forecast that Paysafe will post 1.6 earnings per share for the current fiscal year.

Insider Transactions at Paysafe

In related news, insider Richard Swales sold 18,849 shares of the stock in a transaction on Thursday, March 19th. The stock was sold at an average price of $6.87, for a total value of $129,492.63. Following the completion of the sale, the insider directly owned 24,291 shares in the company, valued at approximately $166,879.17. This represents a 43.69% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Institutional Investors Weigh In On Paysafe

Institutional investors and hedge funds have recently modified their holdings of the stock. Tower Research Capital LLC TRC grew its stake in shares of Paysafe by 143.1% in the second quarter. Tower Research Capital LLC TRC now owns 5,548 shares of the company’s stock valued at $70,000 after buying an additional 3,266 shares in the last quarter. State of Alaska Department of Revenue acquired a new position in Paysafe during the 4th quarter worth approximately $83,000. Directional Asset Management purchased a new position in Paysafe in the 4th quarter worth approximately $93,000. Mercer Global Advisors Inc. ADV purchased a new position in Paysafe in the 4th quarter worth approximately $93,000. Finally, Quantbot Technologies LP acquired a new stake in Paysafe in the second quarter valued at approximately $106,000. Hedge funds and other institutional investors own 54.39% of the company’s stock.

Paysafe Company Profile

(Get Free Report)

Paysafe is a global payments provider that delivers a comprehensive suite of online and offline payment solutions. The company operates a diverse portfolio of products, including digital wallets under the Skrill and Neteller brands, prepaid voucher services through paysafecard, and integrated payment processing solutions for merchants. Paysafe’s platform is designed to serve a wide range of industries, from e-commerce and digital goods to gaming, financial services, and regulated verticals, offering tailored risk and compliance management alongside its core transaction capabilities.

Founded through a series of mergers and strategic acquisitions, Paysafe traces its origins to the launch of paysafecard in 2000 and the establishment of Optimal Payments in 1996.

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Analyst Recommendations for Paysafe (NYSE:PSFE)

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