Paysafe Limited (NYSE:PSFE) Given Consensus Rating of “Reduce” by Analysts

Shares of Paysafe Limited (NYSE:PSFE) have been given an average rating of “Reduce” by the six ratings firms that are covering the company, MarketBeat Ratings reports. Three research analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $10.1250.

A number of analysts recently commented on PSFE shares. Wall Street Zen cut Paysafe from a “buy” rating to a “hold” rating in a research report on Sunday, April 19th. Susquehanna reiterated a “neutral” rating and set a $10.00 price objective (up from $9.00) on shares of Paysafe in a research report on Thursday, May 14th. Weiss Ratings cut Paysafe from a “sell (d)” rating to a “sell (d-)” rating in a research report on Thursday, May 14th. Royal Bank Of Canada reiterated a “sector perform” rating and set a $11.00 price objective (up from $9.00) on shares of Paysafe in a research report on Thursday, May 14th. Finally, Zacks Research cut Paysafe from a “hold” rating to a “strong sell” rating in a research report on Wednesday, May 13th.

Insider Transactions at Paysafe

In other Paysafe news, insider Richard Swales sold 10,000 shares of the business’s stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $7.69, for a total transaction of $76,900.00. Following the completion of the sale, the insider owned 44,456 shares of the company’s stock, valued at approximately $341,866.64. The trade was a 18.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Hedge Funds Weigh In On Paysafe

Hedge funds have recently made changes to their positions in the business. Geode Capital Management LLC boosted its stake in Paysafe by 1.8% during the second quarter. Geode Capital Management LLC now owns 399,449 shares of the company’s stock valued at $5,041,000 after buying an additional 7,155 shares during the last quarter. Quantbot Technologies LP bought a new position in Paysafe during the second quarter valued at approximately $106,000. Arrowstreet Capital Limited Partnership boosted its stake in Paysafe by 10.4% during the second quarter. Arrowstreet Capital Limited Partnership now owns 393,291 shares of the company’s stock valued at $4,963,000 after buying an additional 36,994 shares during the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main boosted its stake in Paysafe by 24.2% during the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 44,872 shares of the company’s stock valued at $566,000 after buying an additional 8,729 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in Paysafe by 18.8% during the second quarter. Ameriprise Financial Inc. now owns 182,237 shares of the company’s stock valued at $2,300,000 after buying an additional 28,812 shares during the last quarter. Institutional investors own 54.39% of the company’s stock.

Paysafe Trading Up 3.0%

Paysafe stock opened at $7.08 on Wednesday. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 4.03. The business’s fifty day simple moving average is $7.94 and its two-hundred day simple moving average is $7.57. Paysafe has a 12 month low of $5.95 and a 12 month high of $15.02. The company has a market capitalization of $365.64 million, a price-to-earnings ratio of -2.00, a price-to-earnings-growth ratio of 0.23 and a beta of 1.76.

Paysafe (NYSE:PSFE) last released its earnings results on Thursday, May 14th. The company reported $0.41 EPS for the quarter, topping the consensus estimate of $0.40 by $0.01. Paysafe had a positive return on equity of 11.32% 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. As a group, equities analysts predict that Paysafe will post 1.6 earnings per share for the current fiscal year.

About Paysafe

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.