Paysafe (NYSE:PSFE) Releases Earnings Results, Beats Expectations By $0.01 EPS

Paysafe (NYSE:PSFEGet Free Report) announced its quarterly earnings data on Thursday. The company reported $0.41 earnings per share for the quarter, beating analysts’ consensus estimates of $0.40 by $0.01, FiscalAI reports. Paysafe had a negative net margin of 10.73% and a positive return on equity of 11.55%. The business had revenue of $442.72 million for the quarter, compared to analyst estimates of $424.41 million.

Paysafe Stock Down 11.7%

NYSE:PSFE traded down $1.10 during midday trading on Thursday, hitting $8.25. 458,797 shares of the company were exchanged, compared to its average volume of 415,949. The company has a fifty day simple moving average of $7.83 and a 200 day simple moving average of $7.90. Paysafe has a fifty-two week low of $5.95 and a fifty-two week high of $15.02. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 3.98. The company has a market capitalization of $426.10 million, a PE ratio of -2.60, a price-to-earnings-growth ratio of 0.29 and a beta of 1.82.

Insider Buying and Selling

In related news, insider Richard Swales sold 18,849 shares of Paysafe stock in a transaction on Thursday, March 19th. The shares were sold at an average price of $6.87, for a total transaction of $129,492.63. Following the sale, the insider directly owned 24,291 shares in the company, valued at $166,879.17. This trade represents a 43.69% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Two Sigma Investments LP increased its position in Paysafe by 4.7% during the third quarter. Two Sigma Investments LP now owns 69,940 shares of the company’s stock worth $904,000 after buying an additional 3,135 shares during the period. Tower Research Capital LLC TRC increased its stake in Paysafe by 143.1% in the second quarter. Tower Research Capital LLC TRC now owns 5,548 shares of the company’s stock valued at $70,000 after purchasing an additional 3,266 shares during the period. Campbell & CO Investment Adviser LLC increased its stake in Paysafe by 23.2% in the fourth quarter. Campbell & CO Investment Adviser LLC now owns 24,440 shares of the company’s stock valued at $198,000 after purchasing an additional 4,606 shares during the period. Geode Capital Management LLC increased its stake in Paysafe by 1.8% in the second quarter. Geode Capital Management LLC now owns 399,449 shares of the company’s stock valued at $5,041,000 after purchasing an additional 7,155 shares during the period. Finally, Quantbot Technologies LP acquired a new position in Paysafe in the second quarter valued at $106,000. Institutional investors and hedge funds own 54.39% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the stock. UBS Group restated a “sell” rating and issued a $7.50 price objective on shares of Paysafe in a report on Thursday. Royal Bank Of Canada reissued a “sector perform” rating and set a $11.00 target price (up from $9.00) on shares of Paysafe in a research report on Thursday. Wall Street Zen lowered Paysafe from a “buy” rating to a “hold” rating in a research report on Sunday, April 19th. BTIG Research raised their target price on Paysafe from $10.00 to $12.00 and gave the stock a “buy” rating in a research report on Wednesday. Finally, Zacks Research raised Paysafe from a “strong sell” rating to a “hold” rating in a research report on Friday, January 23rd. One research analyst has rated the stock with a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, Paysafe currently has a consensus rating of “Reduce” and an average price target of $10.96.

View Our Latest Research Report on Paysafe

Key Paysafe News

Here are the key news stories impacting Paysafe this week:

About Paysafe

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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.

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Earnings History for Paysafe (NYSE:PSFE)

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