Paysafe Limited (NYSE:PSFE) Receives $10.13 Consensus Price Target from Brokerages

Paysafe Limited (NYSE:PSFE) has received a consensus recommendation of “Reduce” from the six research firms that are presently covering the firm, Marketbeat reports. Three research analysts have rated the stock with a sell recommendation, two have given a hold recommendation and one has given a buy recommendation to the company. The average 12 month price objective among brokers that have covered the stock in the last year is $10.1250.

A number of brokerages have recently weighed in on PSFE. Zacks Research downgraded Paysafe from a “hold” rating to a “strong sell” rating in a report on Wednesday, May 13th. Wall Street Zen upgraded shares of Paysafe from a “hold” rating to a “buy” rating in a research note on Saturday. UBS Group reissued a “sell” rating and set a $7.50 target price (up from $6.75) on shares of Paysafe in a research note on Thursday, May 14th. Susquehanna restated a “neutral” rating and set a $10.00 price target (up from $9.00) on shares of Paysafe in a report on Thursday, May 14th. Finally, Weiss Ratings downgraded shares of Paysafe from a “sell (d)” rating to a “sell (d-)” rating in a research note on Thursday, May 14th.

Paysafe Trading Up 0.2%

NYSE PSFE opened at $7.11 on Wednesday. The firm’s 50 day moving average price is $7.96 and its two-hundred day moving average price is $7.57. The company has a debt-to-equity ratio of 4.03, a quick ratio of 1.16 and a current ratio of 1.16. Paysafe has a twelve month low of $5.95 and a twelve month high of $15.02. The stock has a market cap of $367.55 million, a price-to-earnings ratio of -2.01, a PEG ratio of 0.24 and a beta of 1.76.

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

Insider Buying and Selling

In other Paysafe news, insider Richard Swales sold 18,849 shares of the company’s stock in a transaction dated Thursday, March 19th. The stock was sold at an average price of $6.87, for a total value of $129,492.63. Following the transaction, the insider directly owned 24,291 shares of the company’s stock, valued at $166,879.17. This represents a 43.69% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Hedge Funds Weigh In On Paysafe

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Geode Capital Management LLC grew its position in Paysafe by 1.8% in the second quarter. Geode Capital Management LLC now owns 399,449 shares of the company’s stock worth $5,041,000 after acquiring an additional 7,155 shares in the last quarter. Quantbot Technologies LP bought a new position in shares of Paysafe during the 2nd quarter valued at $106,000. Arrowstreet Capital Limited Partnership raised its holdings in shares of Paysafe by 10.4% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 393,291 shares of the company’s stock valued at $4,963,000 after purchasing an additional 36,994 shares in the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its stake in shares of Paysafe by 24.2% in the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 44,872 shares of the company’s stock valued at $566,000 after purchasing an additional 8,729 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its stake in shares of Paysafe by 18.8% in the 2nd quarter. Ameriprise Financial Inc. now owns 182,237 shares of the company’s stock valued at $2,300,000 after purchasing an additional 28,812 shares during the last quarter. Institutional investors 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.