Paysafe Limited (NYSE:PSFE) Receives $10.26 Consensus Price Target from Brokerages

Paysafe Limited (NYSE:PSFE) has been assigned an average rating of “Reduce” from the seven ratings firms that are covering the firm, Marketbeat.com reports. Three equities research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and one has given a buy recommendation to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $10.26.

A number of equities research analysts have weighed in on PSFE shares. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Paysafe in a report on Wednesday, October 8th. Susquehanna decreased their price target on Paysafe from $15.00 to $9.00 and set a “neutral” rating on the stock in a research note on Friday, November 14th. Zacks Research cut Paysafe from a “hold” rating to a “strong sell” rating in a research report on Monday, December 8th. UBS Group cut their price objective on Paysafe from $12.00 to $7.00 and set a “sell” rating for the company in a report on Friday, November 14th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $10.00 target price (down previously from $17.00) on shares of Paysafe in a report on Friday, November 14th.

Paysafe Price Performance

Shares of Paysafe stock opened at $7.71 on Friday. The firm has a market cap of $461.45 million, a P/E ratio of -3.57, a price-to-earnings-growth ratio of 0.42 and a beta of 1.73. The firm’s 50-day simple moving average is $8.04 and its 200-day simple moving average is $11.26. Paysafe has a twelve month low of $6.43 and a twelve month high of $24.11. The company has a debt-to-equity ratio of 3.50, a quick ratio of 1.18 and a current ratio of 1.18.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Jacobs Levy Equity Management Inc. grew its position in Paysafe by 2.0% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 516,289 shares of the company’s stock worth $6,670,000 after acquiring an additional 9,947 shares during the last quarter. Sona Asset Management US LLC bought a new stake in shares of Paysafe during the third quarter worth $3,090,000. CSM Advisors LLC increased its stake in shares of Paysafe by 13.8% in the third quarter. CSM Advisors LLC now owns 313,648 shares of the company’s stock valued at $4,051,000 after buying an additional 38,145 shares in the last quarter. Lazard Asset Management LLC raised its holdings in shares of Paysafe by 203,197.8% in the third quarter. Lazard Asset Management LLC now owns 91,484 shares of the company’s stock valued at $1,182,000 after buying an additional 91,439 shares during the last quarter. Finally, Ancora Advisors LLC lifted its position in Paysafe by 507.3% during the 3rd quarter. Ancora Advisors LLC now owns 196,580 shares of the company’s stock worth $2,540,000 after buying an additional 164,210 shares in the last quarter. 54.39% of the stock is owned by institutional investors and hedge funds.

About Paysafe

Paysafe is a global payments provider that delivers a comprehensive suite of online and offline payment solutions. The company operates a diverse portfolio of products, including digital wallets under the Skrill and Neteller brands, prepaid voucher services through paysafecard, and integrated payment processing solutions for merchants. Paysafe’s platform is designed to serve a wide range of industries, from e-commerce and digital goods to gaming, financial services, and regulated verticals, offering tailored risk and compliance management alongside its core transaction capabilities.

Founded through a series of mergers and strategic acquisitions, Paysafe traces its origins to the launch of paysafecard in 2000 and the establishment of Optimal Payments in 1996.