Nayax (NYAX) Set to Announce Quarterly Earnings on Tuesday

Nayax (NASDAQ:NYAX - Get Free Report) will issue its quarterly earnings data before the market opens on Tuesday, November 12th. Analysts expect Nayax to post earnings of $0.01 per share for the quarter. Nayax has set its FY 2024 guidance at EPS.

Nayax (NASDAQ:NYAX - Get Free Report) last released its quarterly earnings data on Wednesday, August 7th. The company reported ($0.08) earnings per share for the quarter, missing analysts' consensus estimates of ($0.02) by ($0.06). Nayax had a negative net margin of 5.34% and a negative return on equity of 11.18%. The business had revenue of $78.09 million during the quarter, compared to analysts' expectations of $78.10 million. During the same quarter in the prior year, the firm posted ($0.12) earnings per share. On average, analysts expect Nayax to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Nayax Stock Performance

Nayax stock traded down $0.45 during mid-day trading on Tuesday, reaching $28.03. The company's stock had a trading volume of 10,387 shares, compared to its average volume of 8,348. Nayax has a 12-month low of $18.46 and a 12-month high of $30.99. The company has a market capitalization of $993.86 million, a P/E ratio of -68.88 and a beta of -0.08. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.17 and a current ratio of 1.25. The firm's fifty day moving average price is $25.60 and its two-hundred day moving average price is $24.68.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. Barclays lifted their price objective on shares of Nayax from $23.00 to $28.00 and gave the company an "equal weight" rating in a research note on Tuesday, October 15th. Jefferies Financial Group upgraded shares of Nayax from a "hold" rating to a "buy" rating in a research report on Wednesday, October 30th. Keefe, Bruyette & Woods reduced their price target on shares of Nayax from $27.00 to $25.00 and set a "market perform" rating for the company in a research report on Thursday, August 8th. Finally, Oppenheimer assumed coverage on shares of Nayax in a research report on Tuesday, October 1st. They set a "market perform" rating for the company. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $27.33.

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.