Paysafe (NYSE:PSFE) Stock Rating Lowered by Wall Street Zen

Paysafe (NYSE:PSFE) was downgraded by research analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a report issued on Monday.

PSFE has been the subject of a number of other research reports. Susquehanna reiterated a “neutral” rating and issued a $10.00 price objective (up from $9.00) on shares of Paysafe in a research report on Thursday, May 14th. BTIG Research cut their target price on Paysafe from $12.00 to $11.00 and set a “buy” rating for the company in a research note on Wednesday, July 29th. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $11.00 target price (up from $9.00) on shares of Paysafe in a research report on Thursday, May 14th. Zacks Research downgraded shares of Paysafe from a “hold” rating to a “strong sell” rating in a research note on Wednesday, July 15th. Finally, UBS Group reissued a “sell” rating and issued a $7.50 price target (up from $6.75) on shares of Paysafe in a report on Thursday, May 14th. One equities research analyst has rated the stock with a Buy rating, two have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, Paysafe presently has a consensus rating of “Reduce” and an average price target of $9.88.

Paysafe Stock Performance

NYSE PSFE opened at $7.88 on Monday. The company has a debt-to-equity ratio of 4.03, a current ratio of 1.16 and a quick ratio of 1.16. The firm has a market capitalization of $407.50 million, a price-to-earnings ratio of -2.23 and a beta of 1.74. The company’s fifty day moving average is $7.66 and its two-hundred day moving average is $7.50. 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 EPS for the quarter, beating analysts’ consensus estimates of $0.40 by $0.01. Paysafe had a negative net margin of 11.44% and a positive return on equity of 11.32%. The business had revenue of $442.72 million during the quarter, compared to analyst estimates of $424.41 million.

Insider Buying and Selling

In other Paysafe news, insider Richard Swales sold 10,000 shares of the company’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $7.69, for a total transaction of $76,900.00. Following the sale, the insider directly owned 44,456 shares of the company’s stock, valued at approximately $341,866.64. This represents a 18.36% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Private Management Group Inc. grew its position in Paysafe by 60.3% during the 4th 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. Sona Asset Management US LLC bought a new position in Paysafe in the 3rd quarter valued at $3,090,000. Charles Schwab Investment Management Inc. boosted its stake in Paysafe by 57.0% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 543,416 shares of the company’s stock worth $4,396,000 after purchasing an additional 197,268 shares in the last quarter. Ancora Advisors LLC boosted its stake in Paysafe by 507.3% in the third quarter. Ancora Advisors LLC now owns 196,580 shares of the company’s stock worth $2,540,000 after purchasing an additional 164,210 shares in the last quarter. Finally, HRT Financial LP grew its holdings in shares of Paysafe by 1,102.1% during the fourth quarter. HRT Financial LP now owns 155,381 shares of the company’s stock worth $1,257,000 after purchasing an additional 142,455 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.