Brokerages Set Paysafe Limited (NYSE:PSFE) PT at $9.81

Paysafe Limited (NYSE:PSFEGet Free Report) has earned an average recommendation of “Reduce” from the seven research firms that are presently covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and one has assigned a buy recommendation to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $9.81.

Several research analysts have recently commented on PSFE shares. BTIG Research cut their price objective on Paysafe from $11.00 to $10.00 and set a “buy” rating for the company in a report on Tuesday, March 3rd. UBS Group lowered their target price on shares of Paysafe from $7.00 to $6.75 and set a “sell” rating on the stock in a research note on Wednesday, March 4th. Zacks Research raised shares of Paysafe from a “strong sell” rating to a “hold” rating in a research note on Friday, January 23rd. Weiss Ratings reissued a “sell (d-)” rating on shares of Paysafe in a report on Thursday, January 22nd. Finally, Royal Bank Of Canada lowered their price objective on shares of Paysafe from $10.00 to $9.00 and set a “sector perform” rating on the stock in a research report on Wednesday, March 4th.

Read Our Latest Stock Analysis on PSFE

Paysafe Price Performance

NYSE:PSFE opened at $6.63 on Friday. The firm has a market capitalization of $342.38 million, a price-to-earnings ratio of -2.10, a P/E/G ratio of 0.21 and a beta of 1.75. Paysafe has a 52-week low of $5.95 and a 52-week high of $17.17. The stock has a fifty day moving average of $6.87 and a 200 day moving average of $8.92. The company has a debt-to-equity ratio of 3.98, a quick ratio of 1.24 and a current ratio of 1.24.

Paysafe (NYSE:PSFEGet Free Report) last posted its earnings results on Saturday, February 14th. The company reported $0.46 EPS for the quarter. Paysafe had a positive return on equity of 11.55% and a negative net margin of 10.73%.The business had revenue of $438.36 million during the quarter. On average, research analysts expect that Paysafe will post 1.87 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Richard Swales sold 18,849 shares of the stock in a transaction on 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 owned 24,291 shares of the company’s stock, valued at $166,879.17. This represents a 43.69% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Institutional Investors Weigh In On Paysafe

Several hedge funds have recently added to or reduced their stakes in the company. Magnetar Financial LLC bought a new position in shares of Paysafe during the 2nd quarter valued at about $129,000. Quantbot Technologies LP raised its holdings in shares of Paysafe by 240.7% during the 3rd quarter. Quantbot Technologies LP now owns 28,696 shares of the company’s stock valued at $371,000 after buying an additional 20,274 shares in the last quarter. Savant Capital LLC bought a new stake in Paysafe in the 3rd quarter worth approximately $165,000. Envestnet Asset Management Inc. lifted its position in Paysafe by 55.0% in the 3rd quarter. Envestnet Asset Management Inc. now owns 74,276 shares of the company’s stock worth $960,000 after buying an additional 26,353 shares during the last quarter. Finally, Principal Financial Group Inc. boosted its stake in Paysafe by 47.0% in the third quarter. Principal Financial Group Inc. now owns 68,361 shares of the company’s stock worth $883,000 after buying an additional 21,859 shares in the last quarter. Institutional investors own 54.39% of the company’s stock.

Paysafe News Roundup

Here are the key news stories impacting Paysafe this week:

About Paysafe

(Get Free Report)

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.

Featured Stories

Analyst Recommendations for Paysafe (NYSE:PSFE)

Receive News & Ratings for Paysafe Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Paysafe and related companies with MarketBeat.com's FREE daily email newsletter.