Paymentus Holdings, Inc. (NYSE:PAY) Receives $37.00 Consensus Target Price from Analysts

Paymentus Holdings, Inc. (NYSE:PAY) has earned a consensus rating of “Hold” from the nine analysts that are currently covering the company, MarketBeat.com reports. Five equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $37.00.

Several research analysts have recently weighed in on PAY shares. Wall Street Zen cut Paymentus from a “buy” rating to a “hold” rating in a report on Saturday, October 25th. Wolfe Research upgraded Paymentus from a “peer perform” rating to an “outperform” rating in a report on Tuesday, July 22nd. Raymond James Financial set a $38.00 target price on Paymentus and gave the stock an “outperform” rating in a report on Tuesday, August 5th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Paymentus in a report on Wednesday, October 8th.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in PAY. Wasatch Advisors LP acquired a new position in Paymentus in the second quarter valued at approximately $49,582,000. Driehaus Capital Management LLC lifted its holdings in Paymentus by 152.3% in the first quarter. Driehaus Capital Management LLC now owns 1,897,552 shares of the business services provider’s stock valued at $49,526,000 after acquiring an additional 1,145,557 shares during the last quarter. Invesco Ltd. lifted its holdings in Paymentus by 66.9% in the second quarter. Invesco Ltd. now owns 1,755,271 shares of the business services provider’s stock valued at $57,485,000 after acquiring an additional 703,607 shares during the last quarter. TimesSquare Capital Management LLC lifted its holdings in Paymentus by 63,516.9% in the first quarter. TimesSquare Capital Management LLC now owns 675,612 shares of the business services provider’s stock valued at $17,633,000 after acquiring an additional 674,550 shares during the last quarter. Finally, Vanguard Group Inc. lifted its holdings in Paymentus by 30.7% in the first quarter. Vanguard Group Inc. now owns 2,347,870 shares of the business services provider’s stock valued at $61,279,000 after acquiring an additional 551,211 shares during the last quarter. 78.38% of the stock is currently owned by institutional investors and hedge funds.

Paymentus Price Performance

Shares of Paymentus stock opened at $28.48 on Tuesday. The stock has a market cap of $3.57 billion, a P/E ratio of 66.23 and a beta of 1.51. The stock’s 50 day simple moving average is $33.08 and its 200-day simple moving average is $33.31. Paymentus has a 1-year low of $22.65 and a 1-year high of $40.43.

Paymentus (NYSE:PAY) last issued its earnings results on Monday, August 4th. The business services provider reported $0.15 earnings per share for the quarter, topping the consensus estimate of $0.14 by $0.01. The business had revenue of $280.08 million for the quarter, compared to analysts’ expectations of $262.78 million. Paymentus had a return on equity of 12.63% and a net margin of 5.37%.The business’s revenue for the quarter was up 41.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.12 EPS. Paymentus has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, research analysts expect that Paymentus will post 0.39 EPS for the current fiscal year.

About Paymentus

Paymentus Holdings, Inc provides cloud-based bill payment technology and solutions in the United States and internationally. The company offers electronic bill presentment and payment services, enterprise customer communication, and self-service revenue management to billers through a software-as-a-service technology platform.