Paysafe (NYSE:PSFE) Releases Earnings Results, Misses Estimates By $0.03 EPS

Paysafe (NYSE:PSFE) released its earnings results on Thursday. The company reported $0.70 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.73 by ($0.03), Briefing.com reports. The firm had revenue of $433.82 million during the quarter, compared to analysts’ expectations of $438.59 million. Paysafe had a positive return on equity of 11.20% and a negative net margin of 7.35%.The business’s quarterly revenue was up 1.6% compared to the same quarter last year. During the same period in the prior year, the business earned $0.51 earnings per share. Paysafe updated its FY 2025 guidance to 1.830-1.880 EPS.

Paysafe Stock Down 4.6%

Paysafe stock traded down $0.34 during midday trading on Friday, hitting $7.02. 2,407,939 shares of the stock were exchanged, compared to its average volume of 460,308. The firm has a market cap of $420.31 million, a P/E ratio of -3.25, a P/E/G ratio of 0.21 and a beta of 1.76. Paysafe has a 1 year low of $6.66 and a 1 year high of $24.11. The company has a 50 day moving average price of $12.23 and a two-hundred day moving average price of $12.88. The company has a debt-to-equity ratio of 3.15, a current ratio of 1.20 and a quick ratio of 1.20.

Wall Street Analyst Weigh In

PSFE has been the subject of a number of analyst reports. Weiss Ratings reiterated a “sell (d-)” rating on shares of Paysafe in a report on Wednesday, October 8th. BTIG Research reaffirmed a “buy” rating and issued a $11.00 price objective (down previously from $22.00) on shares of Paysafe in a research note on Friday. UBS Group dropped their price objective on shares of Paysafe from $12.00 to $7.00 and set a “sell” rating for the company in a research note on Friday. Royal Bank Of Canada restated a “sector perform” rating and issued a $10.00 target price (down from $17.00) on shares of Paysafe in a research note on Friday. Finally, Zacks Research upgraded Paysafe to a “hold” rating in a research note on Thursday, October 23rd. One research analyst has rated the stock with a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, Paysafe has a consensus rating of “Reduce” and an average price target of $10.26.

Institutional Investors Weigh In On Paysafe

Hedge funds have recently made changes to their positions in the company. Ancora Advisors LLC boosted its stake in shares of Paysafe by 507.3% during the 3rd quarter. Ancora Advisors LLC now owns 196,580 shares of the company’s stock worth $2,540,000 after acquiring an additional 164,210 shares during the period. Lazard Asset Management LLC boosted its position in shares of Paysafe by 203,197.8% during the third quarter. Lazard Asset Management LLC now owns 91,484 shares of the company’s stock valued at $1,182,000 after buying an additional 91,439 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in Paysafe by 3.5% in the third quarter. Dimensional Fund Advisors LP now owns 2,439,793 shares of the company’s stock valued at $31,522,000 after acquiring an additional 82,440 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its holdings in Paysafe by 10.4% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 393,291 shares of the company’s stock valued at $4,963,000 after acquiring an additional 36,994 shares during the period. Finally, Ameriprise Financial Inc. increased its holdings in shares of Paysafe by 18.8% in the 2nd quarter. Ameriprise Financial Inc. now owns 182,237 shares of the company’s stock worth $2,300,000 after buying an additional 28,812 shares during the last quarter. Hedge funds and other institutional investors own 54.39% of the company’s stock.

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.