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

Shares of Paysafe Limited (NYSE:PSFE) have received a consensus recommendation of “Reduce” from the six research firms that are currently covering the company, Marketbeat reports. Two analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating on the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $16.95.

Several brokerages have recently issued reports on PSFE. BTIG Research reiterated a “buy” rating on shares of Paysafe in a research report on Tuesday, August 12th. Weiss Ratings restated a “sell (d-)” rating on shares of Paysafe in a research report on Wednesday.

Institutional Investors Weigh In On Paysafe

Institutional investors have recently added to or reduced their stakes in the company. Sunriver Management LLC bought a new position in shares of Paysafe in the first quarter valued at $18,917,000. Private Management Group Inc. raised its stake in Paysafe by 116.6% during the 1st quarter. Private Management Group Inc. now owns 1,075,043 shares of the company’s stock valued at $16,867,000 after purchasing an additional 578,606 shares during the period. AustralianSuper Pty Ltd acquired a new stake in Paysafe during the 1st quarter valued at $4,510,000. CSM Advisors LLC acquired a new stake in Paysafe during the 2nd quarter valued at $3,476,000. Finally, Nuveen LLC acquired a new stake in Paysafe during the 1st quarter valued at $1,439,000. 54.39% of the stock is currently owned by institutional investors and hedge funds.

Paysafe Stock Performance

Shares of NYSE PSFE opened at $12.50 on Friday. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 3.15. The stock has a 50 day simple moving average of $13.33 and a 200-day simple moving average of $13.60. The company has a market cap of $748.63 million, a PE ratio of -14.71 and a beta of 1.77. Paysafe has a 12-month low of $10.63 and a 12-month high of $26.25.

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

About Paysafe

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.