Analysts Set Paysafe Limited (NYSE:PSFE) Target Price at $10.26

Shares of Paysafe Limited (NYSE:PSFE) have received a consensus rating of “Reduce” from the seven research firms that are covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $10.26.

Several equities research analysts recently weighed in on PSFE shares. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Paysafe in a research note on Thursday, January 22nd. Royal Bank Of Canada restated a “sector perform” rating and set a $10.00 target price (down previously from $17.00) on shares of Paysafe in a report on Friday, November 14th. Zacks Research raised shares of Paysafe from a “strong sell” rating to a “hold” rating in a research report on Friday, January 23rd. Susquehanna decreased their price target on shares of Paysafe from $15.00 to $9.00 and set a “neutral” rating for the company in a research note on Friday, November 14th. Finally, BTIG Research reissued a “buy” rating and set a $11.00 price objective (down previously from $22.00) on shares of Paysafe in a research note on Friday, November 14th.

Paysafe Stock Performance

Paysafe stock opened at $7.12 on Thursday. The stock’s 50 day simple moving average is $7.77 and its two-hundred day simple moving average is $10.53. The company has a debt-to-equity ratio of 3.50, a quick ratio of 1.18 and a current ratio of 1.18. The stock has a market cap of $426.42 million, a price-to-earnings ratio of -3.30, a PEG ratio of 0.37 and a beta of 1.75. Paysafe has a fifty-two week low of $6.43 and a fifty-two week high of $23.89.

Institutional Trading of Paysafe

A number of hedge funds have recently made changes to their positions in the stock. Spire Wealth Management increased its position in Paysafe by 33.4% during the 2nd quarter. Spire Wealth Management now owns 3,795 shares of the company’s stock valued at $48,000 after buying an additional 950 shares in the last quarter. Tower Research Capital LLC TRC grew its stake in shares of Paysafe by 143.1% in the second quarter. Tower Research Capital LLC TRC now owns 5,548 shares of the company’s stock worth $70,000 after acquiring an additional 3,266 shares during the last quarter. State of Alaska Department of Revenue purchased a new stake in shares of Paysafe in the fourth quarter worth $83,000. CWM LLC increased its holdings in shares of Paysafe by 609.7% during the second quarter. CWM LLC now owns 7,282 shares of the company’s stock valued at $92,000 after acquiring an additional 6,256 shares in the last quarter. Finally, Directional Asset Management purchased a new position in shares of Paysafe in the 4th quarter worth about $93,000. 54.39% of the stock is owned by institutional investors.

Paysafe Company Profile

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.