Payoneer Global (NASDAQ:PAYO) Releases Quarterly Earnings Results, Misses Expectations By $0.01 EPS

Payoneer Global (NASDAQ:PAYO) announced its earnings results on Thursday. The company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.06 by ($0.01), Zacks reports. The company had revenue of $261.74 million for the quarter, compared to analysts’ expectations of $242.14 million. Payoneer Global had a net margin of 13.82% and a return on equity of 17.78%. During the same period in the prior year, the company earned $0.05 earnings per share. Payoneer Global updated its FY 2025 guidance to EPS.

Payoneer Global Price Performance

Shares of PAYO stock opened at $8.68 on Friday. Payoneer Global has a fifty-two week low of $4.22 and a fifty-two week high of $11.29. The stock’s 50-day moving average is $10.30 and its two-hundred day moving average is $9.23. The firm has a market cap of $3.10 billion, a P/E ratio of 24.80, a PEG ratio of 2.88 and a beta of 0.93.

Insiders Place Their Bets

In other Payoneer Global news, insider Tsafi Goldman sold 96,350 shares of the company’s stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $10.07, for a total value of $970,244.50. Following the transaction, the insider now directly owns 741,748 shares of the company’s stock, valued at $7,469,402.36. This represents a 11.50 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Beatrice Ordonez sold 85,000 shares of the company’s stock in a transaction dated Tuesday, January 21st. The stock was sold at an average price of $10.40, for a total value of $884,000.00. Following the completion of the transaction, the chief financial officer now directly owns 2,305,245 shares in the company, valued at approximately $23,974,548. The trade was a 3.56 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 445,223 shares of company stock valued at $4,519,362 in the last three months. Insiders own 5.57% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on PAYO. Citigroup upped their price target on Payoneer Global from $8.50 to $13.00 and gave the company a “buy” rating in a research report on Tuesday, January 14th. Needham & Company LLC upped their price target on Payoneer Global from $10.00 to $14.00 and gave the company a “buy” rating in a research report on Wednesday, November 6th. Benchmark upped their price target on Payoneer Global from $10.00 to $12.00 and gave the company a “buy” rating in a research report on Wednesday, November 6th. Northland Securities upped their price target on Payoneer Global from $13.00 to $14.00 and gave the company an “outperform” rating in a research report on Friday, December 6th. Finally, The Goldman Sachs Group upped their price target on Payoneer Global from $9.00 to $12.00 and gave the company a “buy” rating in a research report on Wednesday, November 6th. Two analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Payoneer Global has an average rating of “Moderate Buy” and an average target price of $12.00.

About Payoneer Global

Payoneer Global Inc operates as a financial technology company. It operates a payment infrastructure platform that provides customers with a one-stop, global, multi-currency account to serve their accounts receivable and accounts payable needs. The company delivers a suite of services that includes cross-border payments, physical and virtual MasterCard cards, working capital, risk management, and other services.