Paysafe (NYSE:PSFE) Stock Price Crosses Below 50 Day Moving Average on Disappointing Earnings

Paysafe Limited (NYSE:PSFE – Get Free Report) passed below its 50-day moving average during trading on Thursday following a weaker than expected earnings announcement. The stock has a 50-day moving average of $6.01 and traded as low as $3.81. Paysafe shares last traded at $3.8750, with a volume of 3,170,031 shares changing hands.

The company reported $0.44 earnings per share for the quarter, missing analysts’ consensus estimates of $0.55 by ($0.11). The firm had revenue of $439.57 million for the quarter, compared to the consensus estimate of $448.53 million. Paysafe had a positive return on equity of 10.31% and a negative net margin of 11.82%. Paysafe has set its FY 2026 guidance at 1.450-1.540 EPS.

Paysafe News Roundup

Here’s some of the latest news about PSFE:

Analysts Set New Price Targets

Several equities research analysts have weighed in on the company. Susquehanna set a $7.00 target price on Paysafe and gave the stock a “neutral” rating in a research note on Wednesday, August 12th. BTIG Research dropped their price objective on Paysafe from $12.00 to $11.00 and set a “buy” rating for the company in a research report on Wednesday, July 29th. Royal Bank Of Canada set a $9.00 price objective on shares of Paysafe and gave the stock a “sector perform” rating in a research report on Friday, August 14th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Paysafe in a research note on Wednesday, November 4th. Finally, UBS Group set a $7.00 price objective on Paysafe and gave the company a “sell” rating in a report on Friday, August 14th. One equities research analyst has rated the stock with a Buy rating, two have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Reduce” and an average price target of $8.50.

Get Our Latest Report on PSFE

Insider Activity

In related news, insider Richard Swales sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $6.58, for a total value of $65,800.00. Following the completion of the transaction, the insider owned 34,456 shares in the company, valued at $226,720.48. This trade represents a 22.49% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Institutional Investors Weigh In On Paysafe

Several hedge funds have recently added to or reduced their stakes in the business. Private Management Group Inc. grew its holdings in Paysafe by 4.7% during the 3rd quarter. Private Management Group Inc. now owns 2,910,973 shares of the company’s stock worth $16,389,000 after acquiring an additional 131,379 shares during the last quarter. Quantinno Capital Management LP raised its stake in shares of Paysafe by 108.4% during the first quarter. Quantinno Capital Management LP now owns 241,617 shares of the company’s stock valued at $1,645,000 after acquiring an additional 125,652 shares during the last quarter. Whitebox Advisors LLC bought a new position in shares of Paysafe during the first quarter valued at $819,000. Palogic Value Management L.P. acquired a new position in shares of Paysafe during the second quarter worth $374,000. Finally, Public Employees Retirement System of Ohio acquired a new position in shares of Paysafe during the second quarter worth $350,000. 54.39% of the stock is currently owned by institutional investors and hedge funds.

Paysafe Trading Down 43.2%

The company has a debt-to-equity ratio of 4.38, a current ratio of 1.17 and a quick ratio of 1.17. The company has a market cap of $200.26 million, a price-to-earnings ratio of -1.02 and a beta of 1.80. The business’s fifty day moving average price is $6.01 and its 200 day moving average price is $7.08.

Paysafe Company Profile

(Get Free Report)

Paysafe Limited is a payments technology company that provides services to businesses and consumers. Its offerings include payment processing and merchant solutions, digital wallets, and prepaid payment products designed for online and in-person transactions. The company’s consumer brands include Skrill and NETELLER digital wallets and paysafecard, a prepaid option that lets customers pay online without using a traditional payment card. Paysafe also supports merchants with tools for accepting and managing payments across digital channels.

Further Reading

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