Paysafe Limited (NYSE:PSFE – Get Free Report) has been given an average recommendation of “Reduce” by the six ratings firms that are covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a sell recommendation, three have given a hold recommendation and one has given a buy recommendation to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $19.00.
PSFE has been the subject of several recent research reports. Susquehanna reissued a “neutral” rating and set a $23.00 price target on shares of Paysafe in a research report on Tuesday. Bank of America lifted their price target on Paysafe from $16.20 to $19.00 and gave the company an “underperform” rating in a report on Tuesday, August 27th. UBS Group raised their target price on shares of Paysafe from $16.50 to $17.00 and gave the stock a “sell” rating in a research report on Wednesday, August 14th. Finally, Royal Bank of Canada upped their price target on shares of Paysafe from $20.00 to $25.00 and gave the stock a “sector perform” rating in a research report on Wednesday, August 14th.
Read Our Latest Research Report on PSFE
Institutional Trading of Paysafe
Paysafe Price Performance
PSFE stock opened at $23.28 on Monday. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 2.83. The company has a market capitalization of $1.42 billion, a P/E ratio of -105.82, a PEG ratio of 0.55 and a beta of 1.92. The business has a 50 day simple moving average of $21.70 and a 200-day simple moving average of $18.99. Paysafe has a twelve month low of $9.25 and a twelve month high of $23.50.
Paysafe (NYSE:PSFE – Get Free Report) last announced its earnings results on Tuesday, August 13th. The company reported $0.43 earnings per share for the quarter, missing the consensus estimate of $0.50 by ($0.07). The company had revenue of $439.92 million during the quarter, compared to analysts’ expectations of $428.40 million. Paysafe had a negative net margin of 0.78% and a positive return on equity of 14.42%. As a group, equities analysts anticipate that Paysafe will post 1.92 EPS for the current year.
About Paysafe
Paysafe Limited provides end-to-end payment solutions in the United States, Germany, the United Kingdom, and internationally. Its payments platform offers a range of payment solutions comprising credit and debit card processing, digital wallet, eCash, and real-time banking solutions for entertainment verticals, such as iGaming, including online betting related to sports, e-sports, fantasy sports, poker, and other casino games, as well as travel, streaming/video gaming, retail/hospitality, and digital assets.
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