Paysign (NASDAQ:PAYS) Downgraded by Wall Street Zen to “Buy”

Paysign (NASDAQ:PAYS) was downgraded by equities researchers at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a report issued on Saturday.

PAYS has been the topic of several other research reports. Lake Street Capital upped their price target on shares of Paysign from $10.00 to $11.00 and gave the stock a “buy” rating in a research report on Wednesday, March 25th. Weiss Ratings upgraded shares of Paysign from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, May 14th. Finally, DA Davidson reiterated a “buy” rating and set a $9.00 price target on shares of Paysign in a research report on Wednesday, May 13th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $10.00.

Paysign Stock Up 4.5%

Shares of NASDAQ PAYS opened at $6.99 on Friday. The firm’s 50-day simple moving average is $6.40 and its 200 day simple moving average is $5.13. The company has a market cap of $390.81 million, a price-to-earnings ratio of 41.12 and a beta of 0.73. Paysign has a 12-month low of $3.08 and a 12-month high of $8.88.

Paysign (NASDAQ:PAYS) last issued its quarterly earnings results on Tuesday, May 12th. The company reported $0.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.02. The business had revenue of $28.04 million for the quarter, compared to the consensus estimate of $27.01 million. Paysign had a net margin of 11.38% and a return on equity of 21.74%. Paysign has set its Q2 2026 guidance at 0.060-0.070 EPS. On average, equities analysts expect that Paysign will post 0.5 earnings per share for the current year.

Insider Activity at Paysign

In other news, EVP Joan M. Herman sold 29,202 shares of the company’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $8.00, for a total value of $233,616.00. Following the completion of the sale, the executive vice president directly owned 807,009 shares of the company’s stock, valued at $6,456,072. This represents a 3.49% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 58,403 shares of company stock valued at $438,315. Corporate insiders own 24.50% of the company’s stock.

Institutional Trading of Paysign

Large investors have recently bought and sold shares of the business. Raymond James Financial Inc. bought a new stake in Paysign during the 2nd quarter worth approximately $30,000. BNP Paribas Financial Markets increased its stake in Paysign by 99.8% during the 3rd quarter. BNP Paribas Financial Markets now owns 6,912 shares of the company’s stock worth $43,000 after purchasing an additional 3,453 shares in the last quarter. Caitong International Asset Management Co. Ltd increased its stake in Paysign by 381.5% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 9,876 shares of the company’s stock worth $51,000 after purchasing an additional 7,825 shares in the last quarter. Jane Street Group LLC bought a new stake in Paysign during the 1st quarter worth approximately $51,000. Finally, SG Americas Securities LLC bought a new stake in Paysign during the 4th quarter worth approximately $52,000. 25.89% of the stock is owned by institutional investors.

Paysign Company Profile

Paysign, Inc (NASDAQ:PAYS) is a U.S.-based financial technology company specializing in prepaid payment solutions. Through its cloud-based platform, the company enables corporations, government agencies and payroll providers to issue and manage stored-value cards, digital wallets and disbursement programs. Paysign’s offerings span gift and incentive cards, payroll and earned-wage access cards, government benefit distribution, tax refund solutions and health savings account disbursements.

The company’s flagship Paysign Experience Platform provides configurable card programs with real-time transaction reporting, fraud monitoring and regulatory compliance tools.