Analysts Set Paysafe Limited (NYSE:PSFE) Price Target at $16.95

Paysafe Limited (NYSE:PSFE) has been given an average rating of “Reduce” by the seven ratings firms that are currently covering the firm, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and one has issued a buy recommendation on the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $16.95.

Several research firms have recently weighed in on PSFE. BTIG Research reaffirmed a “buy” rating on shares of Paysafe in a report on Tuesday, August 12th. Zacks Research raised shares of Paysafe to a “hold” rating in a report on Thursday, October 23rd. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Paysafe in a report on Wednesday, October 8th.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. increased its stake in Paysafe by 1,385.5% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,075 shares of the company’s stock valued at $48,000 after acquiring an additional 2,868 shares during the last quarter. Spire Wealth Management grew its stake in shares of Paysafe by 87.8% during the first quarter. Spire Wealth Management now owns 2,845 shares of the company’s stock valued at $45,000 after buying an additional 1,330 shares during the last quarter. Principal Financial Group Inc. grew its stake in shares of Paysafe by 2.8% during the first quarter. Principal Financial Group Inc. now owns 38,769 shares of the company’s stock valued at $608,000 after buying an additional 1,042 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of Paysafe by 115.3% during the first quarter. Charles Schwab Investment Management Inc. now owns 167,496 shares of the company’s stock valued at $2,628,000 after buying an additional 89,685 shares during the last quarter. Finally, XTX Topco Ltd bought a new position in shares of Paysafe during the first quarter valued at about $267,000. Institutional investors own 54.39% of the company’s stock.

Paysafe Trading Down 3.0%

NYSE:PSFE opened at $10.69 on Tuesday. The company has a market cap of $639.90 million, a P/E ratio of -12.57, a P/E/G ratio of 0.31 and a beta of 1.77. Paysafe has a 1 year low of $10.50 and a 1 year high of $26.25. The stock’s fifty day moving average price is $13.00 and its two-hundred day moving average price is $13.17. The company has a debt-to-equity ratio of 3.15, a current ratio of 1.20 and a quick ratio of 1.20.

Paysafe (NYSE:PSFE) last released its quarterly earnings results on Tuesday, August 12th. The company reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.01. The firm had revenue of $428.22 million for the quarter, compared to analysts’ expectations of $424.11 million. Paysafe had a negative net margin of 2.93% and a positive return on equity of 9.64%. The business’s quarterly revenue was down 2.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.59 earnings per share. Paysafe has set its FY 2025 guidance at 2.210-2.510 EPS. As a group, analysts expect that Paysafe will post 1.87 EPS for the current year.

Paysafe Company Profile

Paysafe Limited provides end-to-end payment solutions in the United States, Germany, the United Kingdom, and internationally. Its payments platform offers a range of payment solutions comprising credit and debit card processing, digital wallet, eCash, and real-time banking solutions for entertainment verticals, such as iGaming, including online betting related to sports, e-sports, fantasy sports, poker, and other casino games, as well as travel, streaming/video gaming, retail/hospitality, and digital assets.