Cantor Fitzgerald Weighs in on Payoneer Global FY2025 Earnings

Payoneer Global Inc. (NASDAQ:PAYO) – Cantor Fitzgerald issued their FY2025 earnings estimates for Payoneer Global in a research report issued to clients and investors on Tuesday, January 21st. Cantor Fitzgerald analyst Y. Lee expects that the company will post earnings of $0.35 per share for the year. The consensus estimate for Payoneer Global’s current full-year earnings is $0.35 per share.

Several other analysts have also issued reports on the stock. Wolfe Research lowered shares of Payoneer Global from an “outperform” rating to a “peer perform” rating in a research report on Wednesday, January 8th. Needham & Company LLC boosted their price target on Payoneer Global from $10.00 to $14.00 and gave the stock a “buy” rating in a report on Wednesday, November 6th. Northland Securities boosted their target price on Payoneer Global from $13.00 to $14.00 and gave the stock an “outperform” rating in a research note on Friday, December 6th. Benchmark raised their price target on shares of Payoneer Global from $10.00 to $12.00 and gave the company a “buy” rating in a research note on Wednesday, November 6th. Finally, The Goldman Sachs Group upped their price objective on shares of Payoneer Global from $9.00 to $12.00 and gave the stock a “buy” rating in a research report on Wednesday, November 6th. Two research analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $11.86.

Payoneer Global Stock Down 0.6 %

PAYO opened at $10.28 on Wednesday. Payoneer Global has a twelve month low of $4.22 and a twelve month high of $11.29. The stock has a market capitalization of $3.67 billion, a price-to-earnings ratio of 29.37 and a beta of 0.92. The company has a 50-day simple moving average of $10.41 and a 200 day simple moving average of $8.38.

Payoneer Global (NASDAQ:PAYO) last released its earnings results on Tuesday, November 5th. The company reported $0.11 earnings per share for the quarter, beating analysts’ consensus estimates of $0.04 by $0.07. Payoneer Global had a return on equity of 17.78% and a net margin of 13.82%. The firm had revenue of $248.30 million during the quarter, compared to the consensus estimate of $225.44 million. During the same period in the prior year, the company posted $0.05 EPS. The company’s revenue was up 19.4% compared to the same quarter last year.

Institutional Investors Weigh In On Payoneer Global

A number of institutional investors have recently modified their holdings of PAYO. Quarry LP bought a new position in Payoneer Global during the second quarter worth $29,000. Blue Trust Inc. lifted its stake in shares of Payoneer Global by 135.2% in the 3rd quarter. Blue Trust Inc. now owns 4,440 shares of the company’s stock valued at $33,000 after purchasing an additional 2,552 shares during the period. GAMMA Investing LLC boosted its position in shares of Payoneer Global by 438.5% during the 3rd quarter. GAMMA Investing LLC now owns 5,816 shares of the company’s stock valued at $44,000 after purchasing an additional 4,736 shares in the last quarter. Fifth Third Bancorp grew its stake in Payoneer Global by 29.3% during the fourth quarter. Fifth Third Bancorp now owns 4,488 shares of the company’s stock worth $45,000 after purchasing an additional 1,016 shares during the period. Finally, FSC Wealth Advisors LLC bought a new stake in Payoneer Global in the third quarter worth approximately $68,000. 82.22% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, insider Tsafi Goldman sold 96,350 shares of the firm’s stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $10.07, for a total transaction of $970,244.50. Following the completion of the transaction, the insider now directly owns 741,748 shares of the company’s stock, valued at $7,469,402.36. This trade represents a 11.50 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Crossover Managemen Technology sold 7,500,000 shares of the company’s stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $10.32, for a total value of $77,400,000.00. Following the completion of the sale, the insider now owns 34,197,116 shares in the company, valued at $352,914,237.12. This trade represents a 17.99 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 7,914,625 shares of company stock worth $81,614,514 in the last ninety days. Company insiders own 5.57% of the company’s stock.

Payoneer Global Company Profile

Payoneer Global Inc operates as a financial technology company. It operates a payment infrastructure platform that provides customers with a one-stop, global, multi-currency account to serve their accounts receivable and accounts payable needs. The company delivers a suite of services that includes cross-border payments, physical and virtual MasterCard cards, working capital, risk management, and other services.