What is B. Riley’s Forecast for Nayax FY2025 Earnings?

Nayax Ltd. (NASDAQ:NYAX) – B. Riley upped their FY2025 earnings per share (EPS) estimates for shares of Nayax in a report released on Wednesday, August 13th. B. Riley analyst J. Nichols now anticipates that the company will post earnings per share of $0.72 for the year, up from their previous forecast of $0.60. B. Riley has a “Buy” rating and a $47.00 price objective on the stock. The consensus estimate for Nayax’s current full-year earnings is ($0.16) per share.

Nayax (NASDAQ:NYAX) last issued its earnings results on Wednesday, August 13th. The company reported $0.16 EPS for the quarter, topping the consensus estimate of $0.10 by $0.06. Nayax had a return on equity of 5.32% and a net margin of 6.06%. The business had revenue of $95.59 million during the quarter, compared to the consensus estimate of $99.16 million.

Other research analysts also recently issued research reports about the company. Wall Street Zen downgraded Nayax from a “strong-buy” rating to a “buy” rating in a research note on Sunday, June 1st. Jefferies Financial Group reiterated a “buy” rating on shares of Nayax in a research report on Tuesday, May 13th. UBS Group reiterated a “neutral” rating and set a $43.00 price target (up previously from $39.00) on shares of Nayax in a research report on Thursday. Finally, Keefe, Bruyette & Woods lifted their price target on Nayax from $40.00 to $50.00 and gave the company a “market perform” rating in a research report on Wednesday, July 9th. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, Nayax currently has a consensus rating of “Moderate Buy” and a consensus target price of $42.00.

Nayax Stock Up 0.0%

Shares of NASDAQ NYAX opened at $44.50 on Monday. Nayax has a 52 week low of $22.06 and a 52 week high of $52.46. The business has a 50-day simple moving average of $45.53 and a two-hundred day simple moving average of $41.12. The company has a quick ratio of 1.59, a current ratio of 1.68 and a debt-to-equity ratio of 0.77. The company has a market cap of $1.58 billion, a P/E ratio of 78.06 and a beta of 0.23.

Institutional Trading of Nayax

A number of large investors have recently modified their holdings of the business. Russell Investments Group Ltd. raised its holdings in shares of Nayax by 210.5% during the 2nd quarter. Russell Investments Group Ltd. now owns 590 shares of the company’s stock valued at $30,000 after buying an additional 400 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of Nayax by 920.4% during the 4th quarter. Bank of America Corp DE now owns 1,500 shares of the company’s stock valued at $44,000 after buying an additional 1,353 shares in the last quarter. Ascent Group LLC purchased a new position in shares of Nayax during the 2nd quarter valued at about $220,000. Vanguard Personalized Indexing Management LLC purchased a new position in shares of Nayax during the 2nd quarter valued at about $340,000. Finally, Citadel Advisors LLC purchased a new position in shares of Nayax during the 4th quarter valued at about $217,000. Institutional investors own 34.87% of the company’s stock.

Nayax Company Profile

Nayax Ltd., a fintech company, operates system and payment platform for multiple retailers in the United States, Europe, the United Kingdom, Australia, Israel, and rest of the world. The company offers AMIT 3.0, a machine-to-machine vending telemetry solution; Nayax Core, a management and monitoring software for vending machines and other unattended machines; MoMa, a mobile app for unattended machine; Tigapo back-office software suite, a cloud-based platform; EV Core, a smart, cloud-based management platform; Retail Management Cloud, a comprehensive attended retail management platform; Loyalty and Marketing Suite, a consumer engagement marketing and loyalty platform; Monyx Wallet, a digital wallet app enabling cashless payments with mobile phones; Weezmo, a consumer engagement and marketing platform; and Tigapo app, a proprietary mobile app to help family entertainment center businesses.