Paysign’s (PAYS) Buy Rating Reiterated at DA Davidson

DA Davidson restated their buy rating on shares of Paysign (NASDAQ:PAYS) in a report issued on Wednesday morning,Benzinga reports. They currently have a $9.00 price objective on the stock.

A number of other equities research analysts have also weighed in on PAYS. Wall Street Zen raised shares of Paysign from a “hold” rating to a “buy” rating in a report on Monday, March 30th. Lake Street Capital boosted their target price on shares of Paysign from $10.00 to $11.00 and gave the company a “buy” rating in a research report on Wednesday, March 25th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Paysign in a research report on Tuesday, April 21st. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, Paysign presently has an average rating of “Moderate Buy” and a consensus price target of $10.00.

Paysign Trading Down 2.9%

NASDAQ PAYS opened at $5.62 on Wednesday. The firm has a market capitalization of $314.21 million, a P/E ratio of 33.06 and a beta of 0.72. Paysign has a 12-month low of $3.08 and a 12-month high of $8.88. The firm’s fifty day simple moving average is $5.34 and its two-hundred day simple moving average is $4.91.

Paysign (NASDAQ:PAYS) last announced its quarterly earnings data on Tuesday, May 12th. The company reported $0.09 earnings per share for the quarter, beating analysts’ consensus estimates of $0.07 by $0.02. The firm had revenue of $28.04 million for the quarter, compared to analyst estimates of $27.01 million. Paysign had a net margin of 11.38% and a return on equity of 21.74%. Paysign has set its Q2 2026 guidance at 0.060-0.070 EPS. As a group, sell-side analysts predict that Paysign will post 0.52 earnings per share for the current fiscal year.

Insider Buying and Selling at Paysign

In other Paysign news, EVP Joan M. Herman sold 6,667 shares of the company’s stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $7.01, for a total value of $46,735.67. Following the completion of the transaction, the executive vice president owned 831,583 shares in the company, valued at approximately $5,829,396.83. This represents a 0.80% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 24.50% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Punch & Associates Investment Management Inc. raised its position in shares of Paysign by 40.7% in the first quarter. Punch & Associates Investment Management Inc. now owns 2,058,210 shares of the company’s stock worth $12,143,000 after acquiring an additional 595,650 shares during the period. Renaissance Technologies LLC raised its position in shares of Paysign by 17.4% during the 1st quarter. Renaissance Technologies LLC now owns 1,531,072 shares of the company’s stock worth $9,033,000 after purchasing an additional 227,300 shares during the last quarter. Arrowstreet Capital Limited Partnership acquired a new position in shares of Paysign during the 1st quarter worth about $212,000. Sei Investments Co. acquired a new position in shares of Paysign during the 1st quarter worth about $169,000. Finally, Walleye Capital LLC acquired a new position in shares of Paysign during the 1st quarter worth about $1,110,000. Institutional investors and hedge funds own 25.89% of the company’s stock.

About Paysign

Paysign, Inc (NASDAQ:PAYS) is a U.S.-based financial technology company specializing in prepaid payment solutions. Through its cloud-based platform, the company enables corporations, government agencies and payroll providers to issue and manage stored-value cards, digital wallets and disbursement programs. Paysign’s offerings span gift and incentive cards, payroll and earned-wage access cards, government benefit distribution, tax refund solutions and health savings account disbursements.

The company’s flagship Paysign Experience Platform provides configurable card programs with real-time transaction reporting, fraud monitoring and regulatory compliance tools.