William Blair Has Bearish Forecast for Nayax FY2025 Earnings

Nayax Ltd. (NASDAQ:NYAX) – Equities researchers at William Blair lowered their FY2025 earnings per share estimates for shares of Nayax in a research report issued on Tuesday, April 1st. William Blair analyst C. Kennedy now forecasts that the company will post earnings of $0.57 per share for the year, down from their prior estimate of $0.66. William Blair currently has a “Outperform” rating on the stock. The consensus estimate for Nayax’s current full-year earnings is ($0.16) per share. William Blair also issued estimates for Nayax’s FY2025 earnings at $0.57 EPS, FY2026 earnings at $1.18 EPS and FY2026 earnings at $1.18 EPS.

Other research analysts also recently issued research reports about the stock. B. Riley reaffirmed a “buy” rating and issued a $44.00 target price (up previously from $42.00) on shares of Nayax in a report on Wednesday, March 5th. Keefe, Bruyette & Woods increased their target price on Nayax from $33.00 to $38.00 and gave the stock a “market perform” rating in a research report on Thursday, March 6th. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $34.75.

Nayax Stock Performance

NYAX opened at $34.65 on Friday. The company has a 50 day simple moving average of $37.02 and a two-hundred day simple moving average of $31.44. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.25 and a quick ratio of 1.16. The firm has a market cap of $1.23 billion, a P/E ratio of -111.77 and a beta of 0.08. Nayax has a 1-year low of $20.31 and a 1-year high of $40.70.

Institutional Trading of Nayax

Several hedge funds have recently modified their holdings of the company. Y.D. More Investments Ltd raised its stake in Nayax by 42.7% during the fourth quarter. Y.D. More Investments Ltd now owns 1,183,988 shares of the company’s stock valued at $34,630,000 after purchasing an additional 354,350 shares in the last quarter. Swedbank AB lifted its holdings in shares of Nayax by 44.5% in the 4th quarter. Swedbank AB now owns 300,000 shares of the company’s stock valued at $8,748,000 after acquiring an additional 92,441 shares during the last quarter. JPMorgan Chase & Co. purchased a new position in Nayax in the fourth quarter worth about $1,581,000. Baillie Gifford & Co. increased its stake in Nayax by 2.3% during the fourth quarter. Baillie Gifford & Co. now owns 51,247 shares of the company’s stock worth $1,517,000 after acquiring an additional 1,161 shares during the last quarter. Finally, Geode Capital Management LLC raised its position in Nayax by 2.4% during the fourth quarter. Geode Capital Management LLC now owns 27,976 shares of the company’s stock valued at $828,000 after purchasing an additional 650 shares during the period. 34.87% of the stock is owned by hedge funds and other institutional investors.

Nayax Company Profile

Nayax Ltd., a fintech company, operates system and payment platform for multiple retailers in the United States, Europe, the United Kingdom, Australia, Israel, and rest of the world. The company offers AMIT 3.0, a machine-to-machine vending telemetry solution; Nayax Core, a management and monitoring software for vending machines and other unattended machines; MoMa, a mobile app for unattended machine; Tigapo back-office software suite, a cloud-based platform; EV Core, a smart, cloud-based management platform; Retail Management Cloud, a comprehensive attended retail management platform; Loyalty and Marketing Suite, a consumer engagement marketing and loyalty platform; Monyx Wallet, a digital wallet app enabling cashless payments with mobile phones; Weezmo, a consumer engagement and marketing platform; and Tigapo app, a proprietary mobile app to help family entertainment center businesses.