Brokerages Set Paysafe Limited (NYSE:PSFE) Target Price at $10.26

Shares of Paysafe Limited (NYSE:PSFE) have received an average recommendation of “Reduce” from the seven research firms that are presently covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating on the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $10.26.

PSFE has been the subject of a number of recent research reports. Royal Bank Of Canada reissued a “sector perform” rating and set a $10.00 price target (down from $17.00) on shares of Paysafe in a research note on Friday, November 14th. Susquehanna cut their price target on Paysafe from $15.00 to $9.00 and set a “neutral” rating on the stock in a research note on Friday, November 14th. UBS Group decreased their price objective on Paysafe from $12.00 to $7.00 and set a “sell” rating for the company in a research note on Friday, November 14th. BTIG Research reissued a “buy” rating and issued a $11.00 target price (down previously from $22.00) on shares of Paysafe in a research note on Friday, November 14th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Paysafe in a report on Thursday, January 22nd.

Paysafe Stock Performance

Shares of NYSE:PSFE opened at $6.96 on Thursday. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 3.50. Paysafe has a 1-year low of $6.43 and a 1-year high of $21.01. The stock has a market capitalization of $416.94 million, a P/E ratio of -3.22, a P/E/G ratio of 0.37 and a beta of 1.75. The business has a 50-day moving average price of $7.72 and a two-hundred day moving average price of $10.40.

Hedge Funds Weigh In On Paysafe

Hedge funds and other institutional investors have recently made changes to their positions in the company. Dimensional Fund Advisors LP grew its holdings in Paysafe by 3.5% during the third quarter. Dimensional Fund Advisors LP now owns 2,439,793 shares of the company’s stock worth $31,522,000 after purchasing an additional 82,440 shares during the period. Private Management Group Inc. lifted its holdings in Paysafe by 60.3% during the 4th quarter. Private Management Group Inc. now owns 2,384,594 shares of the company’s stock valued at $19,291,000 after purchasing an additional 897,103 shares during the last quarter. Jacobs Levy Equity Management Inc. raised its position in shares of Paysafe by 2.0% in the third quarter. Jacobs Levy Equity Management Inc. now owns 516,289 shares of the company’s stock valued at $6,670,000 after purchasing an additional 9,947 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Paysafe by 1.8% during the 2nd quarter. Geode Capital Management LLC now owns 399,449 shares of the company’s stock worth $5,041,000 after buying an additional 7,155 shares during the period. Finally, Arrowstreet Capital Limited Partnership raised its holdings in Paysafe by 10.4% in 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. 54.39% of the stock is owned by institutional investors.

Paysafe Company Profile

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.