Paysafe Limited (NYSE:PSFE) Stock Has Average Price Target of $8.50

Paysafe Limited (NYSE:PSFE) has earned a consensus recommendation of “Reduce” from the six ratings firms that are presently covering the stock, Marketbeat.com reports. Three analysts have rated the stock with a sell recommendation, two have issued a hold recommendation and one has assigned a buy recommendation to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $8.50.

A number of analysts have recently commented on PSFE shares. Royal Bank Of Canada set a $9.00 price target on Paysafe and gave the company a “sector perform” rating in a report on Friday, August 14th. Susquehanna set a $7.00 price target on Paysafe and gave the stock a “neutral” rating in a research report on Wednesday, August 12th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Paysafe in a research note on Tuesday, August 11th. UBS Group set a $7.00 price target on shares of Paysafe and gave the stock a “sell” rating in a research note on Friday, August 14th. Finally, BTIG Research lowered their price objective on shares of Paysafe from $12.00 to $11.00 and set a “buy” rating on the stock in a report on Wednesday, July 29th.

Paysafe Stock Performance

Shares of PSFE opened at $5.78 on Tuesday. The company has a debt-to-equity ratio of 4.38, a quick ratio of 1.17 and a current ratio of 1.17. Paysafe has a twelve month low of $5.35 and a twelve month high of $12.95. The firm’s 50 day moving average price is $6.49 and its two-hundred day moving average price is $7.34. The firm has a market cap of $298.76 million, a P/E ratio of -1.52 and a beta of 1.78.

Paysafe (NYSE:PSFE) last issued its quarterly earnings data on Thursday, August 13th. The company reported $0.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.39 by $0.04. Paysafe had a negative net margin of 11.82% and a positive return on equity of 10.31%. The company had revenue of $447.44 million during the quarter, compared to the consensus estimate of $446.85 million. Paysafe has set its FY 2026 guidance at 1.900-2.030 EPS.

Insider Buying and Selling

In related news, insider Richard Swales sold 10,000 shares of the firm’s stock in a transaction on Friday, August 14th. The shares were sold at an average price of $6.58, for a total value of $65,800.00. Following the completion of the transaction, the insider owned 34,456 shares of the company’s stock, valued at approximately $226,720.48. This trade represents a 22.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Hedge Funds Weigh In On Paysafe

Large investors have recently modified their holdings of the business. Quantinno Capital Management LP increased its position in shares of Paysafe by 108.4% in the first quarter. Quantinno Capital Management LP now owns 241,617 shares of the company’s stock valued at $1,645,000 after acquiring an additional 125,652 shares during the last quarter. Empowered Funds LLC raised its holdings in Paysafe by 9.7% during the first quarter. Empowered Funds LLC now owns 212,954 shares of the company’s stock worth $1,450,000 after acquiring an additional 18,863 shares in the last quarter. Whitebox Advisors LLC acquired a new position in Paysafe during the first quarter valued at approximately $819,000. Bank of America Corp DE boosted its position in Paysafe by 74.3% during the first quarter. Bank of America Corp DE now owns 65,947 shares of the company’s stock valued at $449,000 after purchasing an additional 28,117 shares during the last quarter. Finally, Palogic Value Management L.P. acquired a new position in Paysafe during the second quarter valued at approximately $374,000. 54.39% of the stock is currently owned by institutional investors and hedge funds.

Paysafe Company Profile

Paysafe Limited is a specialized payments platform that provides digital commerce and payment solutions for businesses and consumers. Its services include payment processing, online cash solutions, digital wallets, and related technologies that enable customers to pay, receive funds, and manage transactions across online and physical channels.

The company’s consumer-facing brands include Skrill, a digital wallet and money-transfer service; Neteller, a digital payments platform; and paysafecard, a prepaid cash-based payment method.