Nayax (NYAX) to Release Quarterly Earnings on Tuesday

Nayax (NASDAQ:NYAX) is set to release its earnings data before the market opens on Tuesday, November 12th. Analysts expect Nayax to post earnings of $0.01 per share for the quarter.

Nayax (NASDAQ:NYAX) last released its quarterly earnings data on Wednesday, August 7th. The company reported ($0.08) EPS for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.06). Nayax had a negative return on equity of 11.18% and a negative net margin of 5.34%. The company had revenue of $78.09 million for the quarter, compared to the consensus estimate of $78.10 million. During the same period last year, the firm earned ($0.12) earnings per share. On average, analysts expect Nayax to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Nayax Stock Up 1.7 %

NYAX opened at $28.83 on Friday. Nayax has a fifty-two week low of $18.46 and a fifty-two week high of $30.99. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.17 and a current ratio of 1.25. The company has a market capitalization of $1.02 billion, a P/E ratio of -68.63 and a beta of -0.08. The stock has a fifty day moving average of $26.03 and a 200-day moving average of $24.78.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on NYAX shares. Keefe, Bruyette & Woods reduced their price target on Nayax from $27.00 to $25.00 and set a “market perform” rating on the stock in a report on Thursday, August 8th. Jefferies Financial Group raised Nayax from a “hold” rating to a “buy” rating in a research report on Wednesday, October 30th. Barclays increased their price target on Nayax from $23.00 to $28.00 and gave the company an “equal weight” rating in a research report on Tuesday, October 15th. Finally, Oppenheimer initiated coverage on Nayax in a research report on Tuesday, October 1st. They issued a “market perform” rating for the company. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $27.33.

About Nayax

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.