Paymentus (PAY) Stock Price, News & Analysis

Company Overview

Paymentus Holdings, Inc. provides cloud-based bill payment technology and solutions in the United States and internationally. The company offers electronic bill presentment and payment services, enterprise customer communication, and self-service revenue management to billers through a software-as-a-service technology platform. Its platform's payment processing includes credit cards, debit cards, eChecks, and digital wallets. It serves utility, financial service, government, insurance, telecommunication, real estate management, education, consumer finance, healthcare, and small business industries. The company was founded in 2004 and is headquartered in Charlotte, North Carolina.

Key Stats

• Today's Range: $32.60 to $34.39
• 50-Day Range: $22.76 to $38.35
• 52-Week Range: $14.77 to $38.94
• Volume: 1.13 million shs
• Average Volume: 282,112 shs
• Market Capitalization: $4.26 billion
• P/E Ratio: 110.32
• Dividend Yield: N/A
• Price Target: $28.80
• Consensus Rating: Hold

Paymentus Stock Analysis - MarketRank™

Paymentus scored higher than 61% of companies evaluated by MarketBeat, and ranked 298th out of 652 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.2 / 5
• Analyst Rating: Hold

Consensus Rating

Paymentus has received a consensus rating of Hold. The company's average rating score is 2.38, and is based on 1 buy rating, 6 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Paymentus has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 12.82%

Earnings Growth

Earnings for Paymentus are expected to grow by 12.82% in the coming year, from $0.39 to $0.44 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Paymentus is 110.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.46.

Price to Earnings Ratio vs. Sector

The P/E ratio of Paymentus is 110.32, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 246.63.

Price to Book Value per Share Ratio

Paymentus has a P/B Ratio of 9.86. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.36% of the float of Paymentus has been sold short.

Short Interest Ratio / Days to Cover

Paymentus has a short interest ratio ("days to cover") of 0.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Paymentus has recently decreased by 36.04%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Paymentus does not currently pay a dividend.

Dividend Growth

Paymentus does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.36% of the float of Paymentus has been sold short.

Short Interest Ratio / Days to Cover

Paymentus has a short interest ratio ("days to cover") of 0.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Paymentus has recently decreased by 36.04%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 1.69

News Sentiment

Paymentus has a news sentiment score of 1.69. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.66 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Paymentus this week, compared to 3 articles on an average week.

Search Interest

Only 13 people have searched for PAY on MarketBeat in the last 30 days. This is a decrease of -13% compared to the previous 30 days.

Company Ownership

• Score: 4.2 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Paymentus insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,280,402.00 in company stock.

Percentage Held by Insiders

87.76% of the stock of Paymentus is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

78.38% of the stock of Paymentus is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

PAY Stock Analysis - Frequently Asked Questions

How have PAY shares performed this year?

Paymentus' stock was trading at $17.87 on January 1st, 2024. Since then, PAY stock has increased by 91.4% and is now trading at $34.20.
View the best growth stocks for 2024 here.

How were Paymentus' earnings last quarter?

Paymentus Holdings, Inc. (NYSE:PAY) announced its quarterly earnings data on Thursday, August, 8th. The business services provider reported $0.12 EPS for the quarter, beating analysts' consensus estimates of $0.09 by $0.03. The firm's quarterly revenue was up 32.6% on a year-over-year basis.

When did Paymentus IPO?

Paymentus (PAY) raised $200 million in an IPO on Wednesday, May 26th 2021. The company issued 10,000,000 shares at $19.00-$21.00 per share. Goldman Sachs, J.P. Morgan, BofA Securities and Citigroup served as the underwriters for the IPO and Baird, Nomura, Raymond James, Wells Fargo Securities, Fifth Third Securities, PNC Securities, AmeriVet and C.L. King & Associates were co-managers.

Who are Paymentus' major shareholders?

Top institutional shareholders of Paymentus include Franklin Resources Inc. (1.64%), Lord Abbett & CO. LLC (0.47%), State Street Corp (0.24%) and FMR LLC (0.18%). Insiders that own company stock include Gary Trainor, Gerasimos (Jerry) Portocalis, Matt Parson, Andrew A Gerber, Paul E Seamon and Dushyant Sharma.
View institutional ownership trends.

How do I buy shares of Paymentus?

Shares of PAY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Paymentus own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Paymentus investors own include Humana (HUM), American Water Works (AWK), Voyager Therapeutics (VYGR), TotalEnergies (TTE), Waste Connections (WCN), NVIDIA (NVDA) and The RMR Group (RMR).

Company Calendar

• Last Earnings: 8/08/2024
• Today: 12/20/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Computer and Technology
• Industry: Business services, not elsewhere classified
• Sub-Industry: Data Processing & Outsourced Services
• Current Symbol: NYSE:PAY
• Previous Symbol: NYSE:PAY
• CUSIP: 92342Y10
• CIK: 1312073
• Web: www.verifone.com
• Phone: 408-232-7800
• Fax: N/A
• Employees: 1,273
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $28.80
• High Stock Price Target: $36.00
• Low Stock Price Target: $22.00
• Potential Upside/Downside: -15.8%
• Consensus Rating: Hold
• Rating Score (0-4): 2.38
• Research Coverage: 8 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.31
• Trailing P/E Ratio: 110.32
• Forward P/E Ratio: 87.69
• P/E Growth: N/A
• Net Income: $22.32 million
• Net Margins: 5.19%
• Pretax Margin: 6.28%
• Return on Equity: 10.84%
• Return on Assets: 9.24%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 4.31
• Quick Ratio: 4.31

Sales & Book Value

• Annual Sales: $778.67 million
• Price / Sales: 5.47
• Cash Flow: $0.52 per share
• Price / Cash Flow: 66.15
• Book Value: $3.47 per share
• Price / Book: 9.86

Miscellaneous

• Outstanding Shares: 124,634,000
• Free Float: 15,255,000
• Market Cap: $4.26 billion
• Optionable: Optionable
• Beta: 1.63