Paysafe Limited (NYSE:PSFE) Given Consensus Recommendation of “Reduce” by Brokerages

Paysafe Limited (NYSE:PSFE) has been given an average recommendation of “Reduce” by the seven analysts that are presently covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and one has given a buy recommendation to the company. The average 12 month price target among brokerages that have covered the stock in the last year is $10.26.

Several equities research analysts have weighed in on PSFE shares. Susquehanna cut their target price on Paysafe from $15.00 to $9.00 and set a “neutral” rating for the company in a research note on Friday, November 14th. Weiss Ratings restated a “sell (d-)” rating on shares of Paysafe in a research report on Wednesday, October 8th. UBS Group decreased their target price on Paysafe from $12.00 to $7.00 and set a “sell” rating on the stock in a research report on Friday, November 14th. Royal Bank Of Canada reissued a “sector perform” rating and set a $10.00 target price (down previously from $17.00) on shares of Paysafe in a research note on Friday, November 14th. Finally, Zacks Research upgraded shares of Paysafe to a “hold” rating in a research note on Thursday, October 23rd.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Charles Schwab Investment Management Inc. grew its holdings 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 worth $2,628,000 after purchasing an additional 89,685 shares during the last quarter. XTX Topco Ltd bought a new stake in Paysafe during the 1st quarter worth approximately $267,000. Strs Ohio acquired a new position in Paysafe in the 1st quarter valued at approximately $289,000. American Century Companies Inc. raised its stake in shares of Paysafe by 15.5% during the first quarter. American Century Companies Inc. now owns 84,938 shares of the company’s stock valued at $1,333,000 after acquiring an additional 11,397 shares during the last quarter. Finally, CWM LLC lifted its holdings in shares of Paysafe by 609.7% during the second quarter. CWM LLC now owns 7,282 shares of the company’s stock worth $92,000 after purchasing an additional 6,256 shares during the period. 54.39% of the stock is currently owned by institutional investors and hedge funds.

Paysafe Trading Up 11.6%

Shares of Paysafe stock opened at $7.19 on Friday. The company has a quick ratio of 1.20, a current ratio of 1.18 and a debt-to-equity ratio of 3.50. Paysafe has a 12-month low of $6.43 and a 12-month high of $24.11. The company has a market capitalization of $430.59 million, a price-to-earnings ratio of -3.33, a PEG ratio of 0.18 and a beta of 1.76. The firm’s 50-day moving average price is $11.49 and its two-hundred day moving average price is $12.58.

Paysafe (NYSE:PSFE) last issued its earnings results on Thursday, November 13th. The company reported $0.70 EPS for the quarter, missing the consensus estimate of $0.73 by ($0.03). The firm had revenue of $433.82 million during the quarter, compared to analyst estimates of $438.59 million. Paysafe had a negative net margin of 7.35% and a positive return on equity of 11.68%. Paysafe’s quarterly revenue was up 1.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.51 earnings per share. Paysafe has set its FY 2025 guidance at 1.830-1.880 EPS. On average, analysts forecast that Paysafe will post 1.87 earnings per share for the current fiscal 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.