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

Paysafe Limited (NYSE:PSFE) has received an average recommendation of “Reduce” from the six analysts that are presently covering the company, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $10.1250.

PSFE has been the topic of a number of recent analyst reports. Zacks Research downgraded shares of Paysafe from a “hold” rating to a “strong sell” rating in a research note on Wednesday, May 13th. Wall Street Zen downgraded shares of Paysafe from a “buy” rating to a “hold” rating in a research note on Sunday, April 19th. BTIG Research increased their price target on shares of Paysafe from $10.00 to $12.00 and gave the stock a “buy” rating in a research note on Wednesday, May 13th. UBS Group reaffirmed a “sell” rating and set a $7.50 price target (up from $6.75) on shares of Paysafe in a research note on Thursday, May 14th. Finally, Weiss Ratings downgraded shares of Paysafe from a “sell (d)” rating to a “sell (d-)” rating in a research note on Thursday, May 14th.

Insider Activity at Paysafe

In other news, insider Richard Swales sold 18,849 shares of the firm’s stock in a transaction on Thursday, March 19th. The shares were sold at an average price of $6.87, for a total value of $129,492.63. Following the transaction, the insider owned 24,291 shares of the company’s stock, valued at approximately $166,879.17. This trade represents a 43.69% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Hedge Funds Weigh In On Paysafe

A number of hedge funds have recently made changes to their positions in PSFE. Geode Capital Management LLC raised its stake in shares of Paysafe by 1.8% in the 2nd quarter. Geode Capital Management LLC now owns 399,449 shares of the company’s stock valued at $5,041,000 after acquiring an additional 7,155 shares during the period. Quantbot Technologies LP purchased a new position in shares of Paysafe in the 2nd quarter valued at $106,000. Arrowstreet Capital Limited Partnership raised its stake in shares of 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. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its stake in shares of Paysafe by 24.2% in the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 44,872 shares of the company’s stock valued at $566,000 after acquiring an additional 8,729 shares during the period. Finally, Ameriprise Financial Inc. grew its position in Paysafe by 18.8% in the second quarter. Ameriprise Financial Inc. now owns 182,237 shares of the company’s stock valued at $2,300,000 after acquiring an additional 28,812 shares in the last quarter. Hedge funds and other institutional investors own 54.39% of the company’s stock.

Paysafe Stock Performance

NYSE:PSFE opened at $7.48 on Friday. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 4.03. The company has a market cap of $386.57 million, a P/E ratio of -2.12, a P/E/G ratio of 0.25 and a beta of 1.82. Paysafe has a fifty-two week low of $5.95 and a fifty-two week high of $15.02. The firm’s 50 day moving average is $7.83 and its two-hundred day moving average is $7.71.

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

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.