Paysafe Limited (NYSE:PSFE) Receives Average Rating of “Reduce” from Brokerages

Shares of Paysafe Limited (NYSE:PSFE) have been assigned an average recommendation of “Reduce” from the six analysts that are currently covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $10.1250.

PSFE has been the topic of several recent research reports. Zacks Research upgraded Paysafe from a “strong sell” rating to a “hold” rating in a report on Monday, June 15th. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $11.00 price target (up from $9.00) on shares of Paysafe in a report on Thursday, May 14th. BTIG Research lifted their price objective on Paysafe from $10.00 to $12.00 and gave the stock a “buy” rating in a research report on Wednesday, May 13th. Wall Street Zen upgraded Paysafe from a “hold” rating to a “buy” rating in a research report on Saturday, June 13th. Finally, UBS Group reissued a “sell” rating and set a $7.50 price objective (up from $6.75) on shares of Paysafe in a research note on Thursday, May 14th.

Paysafe Price Performance

Paysafe stock opened at $7.90 on Friday. The company has a fifty day simple moving average of $7.69 and a 200-day simple moving average of $7.49. The firm has a market capitalization of $408.38 million, a price-to-earnings ratio of -2.24, a PEG ratio of 0.26 and a beta of 1.74. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 4.03. Paysafe has a 52-week low of $5.95 and a 52-week high of $15.02.

Paysafe (NYSE:PSFE) last announced its quarterly earnings data on Thursday, May 14th. The company reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.01. The company had revenue of $442.72 million during the quarter, compared to analysts’ expectations of $424.41 million. Paysafe had a negative net margin of 11.44% and a positive return on equity of 11.32%. On average, equities analysts anticipate that Paysafe will post 1.6 EPS for the current fiscal year.

Insider Activity at Paysafe

In other news, insider Richard Swales sold 10,000 shares of Paysafe stock in a transaction on Friday, May 15th. The stock was sold at an average price of $7.69, for a total transaction of $76,900.00. Following the transaction, the insider owned 44,456 shares in the company, valued at $341,866.64. The trade was a 18.36% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Institutional Trading of Paysafe

Hedge funds and other institutional investors have recently made changes to their positions in the company. Dimensional Fund Advisors LP lifted its holdings in Paysafe by 3.5% in the third quarter. Dimensional Fund Advisors LP now owns 2,439,793 shares of the company’s stock valued at $31,522,000 after acquiring an additional 82,440 shares during the last quarter. Private Management Group Inc. increased its stake in Paysafe by 60.3% during the fourth quarter. Private Management Group Inc. now owns 2,384,594 shares of the company’s stock worth $19,291,000 after acquiring an additional 897,103 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in Paysafe by 57.0% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 543,416 shares of the company’s stock valued at $4,396,000 after purchasing an additional 197,268 shares during the period. Jacobs Levy Equity Management Inc. lifted its stake in shares of Paysafe by 2.0% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 516,289 shares of the company’s stock valued at $6,670,000 after purchasing an additional 9,947 shares during the last quarter. Finally, Geode Capital Management LLC lifted its stake in shares of Paysafe by 1.8% in the 2nd quarter. Geode Capital Management LLC now owns 399,449 shares of the company’s stock valued at $5,041,000 after purchasing an additional 7,155 shares during the last quarter. Institutional investors and hedge funds own 54.39% of the company’s stock.

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.