Paysafe Limited (NYSE:PSFE) Receives Consensus Rating of “Reduce” from Analysts

Shares of Paysafe Limited (NYSE:PSFE) have earned an average rating of “Reduce” from the six research firms that are presently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, three have given a hold recommendation and one has issued a buy recommendation on the company. The average 12 month price objective among analysts that have covered the stock in the last year is $10.1250.

A number of analysts recently weighed in on the stock. UBS Group reaffirmed a “sell” rating and issued a $7.50 price objective (up from $6.75) on shares of Paysafe in a research note on Thursday, May 14th. Zacks Research raised shares of Paysafe from a “strong sell” rating to a “hold” rating in a research report on Monday, June 15th. Royal Bank Of Canada restated a “sector perform” rating and issued a $11.00 price target (up from $9.00) on shares of Paysafe in a report on Thursday, May 14th. Weiss Ratings cut shares of Paysafe from a “sell (d)” rating to a “sell (d-)” rating in a research report on Thursday, May 14th. Finally, Wall Street Zen upgraded shares of Paysafe from a “hold” rating to a “buy” rating in a research note on Saturday, June 13th.

Paysafe Trading Up 0.1%

Shares of NYSE PSFE opened at $8.42 on Friday. Paysafe has a twelve month low of $5.95 and a twelve month high of $15.02. The firm has a market cap of $435.15 million, a PE ratio of -2.39, a price-to-earnings-growth ratio of 0.28 and a beta of 1.74. The business has a fifty day simple moving average of $7.75 and a two-hundred day simple moving average of $7.49. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 4.03.

Paysafe (NYSE:PSFE) last posted its quarterly earnings results on Thursday, May 14th. The company reported $0.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.40 by $0.01. The business had revenue of $442.72 million for the quarter, compared to the consensus estimate of $424.41 million. Paysafe had a positive return on equity of 11.32% and a negative net margin of 11.44%. Analysts expect that Paysafe will post 1.6 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Paysafe news, insider Richard Swales sold 10,000 shares of the company’s stock in a transaction on Friday, May 15th. The stock was sold at an average price of $7.69, for a total transaction of $76,900.00. Following the completion of the sale, the insider owned 44,456 shares in the company, valued at $341,866.64. This represents a 18.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the stock. Tower Research Capital LLC TRC boosted its position in Paysafe by 143.1% during 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 in the last quarter. Quantbot Technologies LP purchased a new stake in shares of Paysafe during the second quarter valued at about $106,000. State of Alaska Department of Revenue bought a new stake in shares of Paysafe in the 4th quarter valued at about $83,000. Engineers Gate Manager LP purchased a new position in shares of Paysafe in the 2nd quarter worth approximately $143,000. Finally, Mercer Global Advisors Inc. ADV purchased a new position in shares of Paysafe in the 4th quarter worth approximately $93,000. 54.39% of the stock is owned by institutional investors.

About Paysafe

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.