Paysign (NASDAQ:PAYS) Raised to Strong-Buy at Wall Street Zen

Paysign (NASDAQ:PAYS) was upgraded by equities research analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a report issued on Saturday.

Other research analysts have also issued reports about the company. Weiss Ratings upgraded Paysign from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, July 29th. DA Davidson lifted their price target on shares of Paysign from $9.00 to $12.00 and gave the stock a “buy” rating in a research note on Thursday. Barrington Research set a $11.00 price target on shares of Paysign in a report on Monday, August 3rd. Finally, Lake Street Capital reissued a “buy” rating and issued a $13.00 price target on shares of Paysign in a report on Thursday. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, Paysign has a consensus rating of “Buy” and an average price target of $12.00.

Paysign Price Performance

PAYS stock opened at $12.48 on Friday. Paysign has a twelve month low of $3.08 and a twelve month high of $12.85. The company has a market cap of $704.62 million, a PE ratio of 48.00 and a beta of 0.74. The business’s 50-day simple moving average is $8.30 and its 200 day simple moving average is $6.12.

Paysign (NASDAQ:PAYS) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $0.11 EPS for the quarter, beating the consensus estimate of $0.06 by $0.05. Paysign had a return on equity of 31.70% and a net margin of 15.67%.The firm had revenue of $28.25 million during the quarter, compared to analysts’ expectations of $26.36 million. Paysign has set its FY 2026 guidance at 0.350-0.370 EPS and its Q3 2026 guidance at 0.090-0.100 EPS. On average, equities research analysts anticipate that Paysign will post 0.58 EPS for the current year.

Insider Activity

In other news, CEO Mark Newcomer sold 150,000 shares of the stock in a transaction that occurred on Thursday, August 6th. The stock was sold at an average price of $11.88, for a total value of $1,782,000.00. Following the completion of the transaction, the chief executive officer directly owned 9,163,002 shares of the company’s stock, valued at approximately $108,856,463.76. This represents a 1.61% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Bruce A. Mina sold 10,000 shares of the business’s stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $7.09, for a total value of $70,900.00. Following the completion of the sale, the director directly owned 258,500 shares in the company, valued at approximately $1,832,765. This represents a 3.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 371,736 shares of company stock worth $3,585,479. Company insiders own 24.50% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Raymond James Financial Inc. bought a new stake in shares of Paysign in the 2nd quarter worth about $30,000. BNP Paribas Financial Markets lifted its holdings in Paysign by 99.8% during the 3rd quarter. BNP Paribas Financial Markets now owns 6,912 shares of the company’s stock valued at $43,000 after purchasing an additional 3,453 shares during the last quarter. Caitong International Asset Management Co. Ltd lifted its holdings in Paysign by 381.5% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 9,876 shares of the company’s stock valued at $51,000 after purchasing an additional 7,825 shares during the last quarter. Jane Street Group LLC acquired a new position in Paysign in the first quarter valued at about $51,000. Finally, SG Americas Securities LLC acquired a new position in Paysign in the fourth quarter valued at about $52,000. 25.89% of the stock is owned by institutional investors.

About Paysign

Paysign, Inc (NASDAQ:PAYS) is a U.S.-based financial technology company specializing in prepaid payment solutions. Through its cloud-based platform, the company enables corporations, government agencies and payroll providers to issue and manage stored-value cards, digital wallets and disbursement programs. Paysign’s offerings span gift and incentive cards, payroll and earned-wage access cards, government benefit distribution, tax refund solutions and health savings account disbursements.

The company’s flagship Paysign Experience Platform provides configurable card programs with real-time transaction reporting, fraud monitoring and regulatory compliance tools.