Paysafe Limited (NYSE:PSFE – Get Free Report) has earned a consensus rating of “Reduce” from the six ratings firms that are currently covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and one has assigned a buy recommendation to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $19.00.
Several analysts have commented on the stock. Bank of America raised their price objective on shares of Paysafe from $16.20 to $19.00 and gave the stock an “underperform” rating in a report on Tuesday, August 27th. Royal Bank of Canada raised their price objective on shares of Paysafe from $20.00 to $25.00 and gave the stock a “sector perform” rating in a report on Wednesday, August 14th. Susquehanna restated a “neutral” rating and issued a $23.00 price objective on shares of Paysafe in a report on Tuesday. Finally, UBS Group raised their price objective on shares of Paysafe from $16.50 to $17.00 and gave the stock a “sell” rating in a report on Wednesday, August 14th.
View Our Latest Analysis on Paysafe
Institutional Investors Weigh In On Paysafe
Paysafe Stock Down 0.4 %
NYSE PSFE opened at $22.75 on Monday. The company has a debt-to-equity ratio of 2.83, a current ratio of 1.15 and a quick ratio of 1.15. The stock has a market capitalization of $1.38 billion, a PE ratio of -103.41, a PEG ratio of 0.55 and a beta of 1.92. Paysafe has a 1 year low of $9.25 and a 1 year high of $23.50. The business’s 50-day moving average is $21.83 and its 200 day moving average is $19.06.
Paysafe (NYSE:PSFE – Get Free Report) last posted its earnings results on Tuesday, August 13th. The company reported $0.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.50 by ($0.07). The business had revenue of $439.92 million during the quarter, compared to the consensus estimate of $428.40 million. Paysafe had a positive return on equity of 14.42% and a negative net margin of 0.78%. Sell-side analysts forecast that Paysafe will post 1.92 earnings per share 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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