Cantor Fitzgerald Estimates Payoneer Global FY2025 Earnings

Payoneer Global Inc. (NASDAQ:PAYO - Free Report) - Cantor Fitzgerald issued their FY2025 earnings estimates for shares of Payoneer Global in a research report issued to clients and investors on Tuesday, January 21st. Cantor Fitzgerald analyst Y. Lee forecasts that the company will earn $0.35 per share for the year. The consensus estimate for Payoneer Global's current full-year earnings is $0.35 per share.

Payoneer Global (NASDAQ:PAYO - Get Free Report) last posted its earnings results on Tuesday, November 5th. The company reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.07. The firm had revenue of $248.30 million during the quarter, compared to analyst estimates of $225.44 million. Payoneer Global had a net margin of 13.82% and a return on equity of 17.78%. The business's revenue was up 19.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.05 EPS.

Other equities analysts have also issued research reports about the stock. Benchmark increased their price target on shares of Payoneer Global from $10.00 to $12.00 and gave the company a "buy" rating in a research report on Wednesday, November 6th. Needham & Company LLC increased their target price on shares of Payoneer Global from $10.00 to $14.00 and gave the stock a "buy" rating in a research report on Wednesday, November 6th. Wolfe Research lowered shares of Payoneer Global from an "outperform" rating to a "peer perform" rating in a research report on Wednesday, January 8th. Citigroup raised their target price on shares of Payoneer Global from $8.50 to $13.00 and gave the company a "buy" rating in a research note on Tuesday, January 14th. Finally, The Goldman Sachs Group lifted their price target on shares of Payoneer Global from $9.00 to $12.00 and gave the stock a "buy" rating in a research note on Wednesday, November 6th. Two equities research analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $11.86.

Payoneer Global Stock Down 0.6 %

PAYO traded down $0.07 during trading on Wednesday, hitting $10.28. 724,493 shares of the company traded hands, compared to its average volume of 3,335,708. The firm has a market cap of $3.66 billion, a P/E ratio of 29.36 and a beta of 0.92. The stock's fifty day moving average is $10.41 and its 200 day moving average is $8.37. Payoneer Global has a one year low of $4.22 and a one year high of $11.29.

Hedge Funds Weigh In On Payoneer Global

Large investors have recently made changes to their positions in the business. Quarry LP bought a new stake in shares of Payoneer Global in the second quarter worth about $29,000. Blue Trust Inc. grew its stake in shares of Payoneer Global by 135.2% during the third quarter. Blue Trust Inc. now owns 4,440 shares of the company's stock valued at $33,000 after buying an additional 2,552 shares during the last quarter. GAMMA Investing LLC grew its stake in shares of Payoneer Global by 438.5% during the third quarter. GAMMA Investing LLC now owns 5,816 shares of the company's stock valued at $44,000 after buying an additional 4,736 shares during the last quarter. Fifth Third Bancorp grew its stake in shares of Payoneer Global by 29.3% during the fourth quarter. Fifth Third Bancorp now owns 4,488 shares of the company's stock valued at $45,000 after buying an additional 1,016 shares during the last quarter. Finally, FSC Wealth Advisors LLC bought a new position in shares of Payoneer Global during the third quarter valued at approximately $68,000. 82.22% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Payoneer Global

In other news, insider Tsafi Goldman sold 96,350 shares of the firm's stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $10.07, for a total value of $970,244.50. Following the transaction, the insider now directly owns 741,748 shares in the company, valued at $7,469,402.36. This trade represents a 11.50 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Crossover Managemen Technology sold 7,500,000 shares of the stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of $10.32, for a total transaction of $77,400,000.00. Following the completion of the transaction, the insider now owns 34,197,116 shares in the company, valued at $352,914,237.12. This trade represents a 17.99 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 7,914,625 shares of company stock valued at $81,614,514 in the last three months. 5.57% of the stock is currently owned by company insiders.

About Payoneer Global

Payoneer Global Inc operates as a financial technology company. It operates a payment infrastructure platform that provides customers with a one-stop, global, multi-currency account to serve their accounts receivable and accounts payable needs. The company delivers a suite of services that includes cross-border payments, physical and virtual MasterCard cards, working capital, risk management, and other services.