Payoneer Global (NASDAQ:PAYO) Announces Earnings Results, Misses Expectations By $0.01 EPS

Payoneer Global (NASDAQ:PAYO - Get Free Report) announced its quarterly earnings data on Thursday. The company reported $0.05 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.06 by ($0.01), Zacks reports. Payoneer Global had a net margin of 13.82% and a return on equity of 17.78%. The business had revenue of $261.74 million during the quarter, compared to analyst estimates of $242.14 million. During the same period in the prior year, the firm earned $0.05 earnings per share. Payoneer Global updated its FY 2025 guidance to EPS.

Payoneer Global Price Performance

Shares of NASDAQ PAYO traded down $0.20 during mid-day trading on Monday, reaching $8.35. 6,138,159 shares of the company's stock traded hands, compared to its average volume of 3,188,029. The business has a 50-day simple moving average of $10.24 and a 200 day simple moving average of $9.28. The stock has a market cap of $2.98 billion, a P/E ratio of 23.86, a PEG ratio of 2.88 and a beta of 0.93. Payoneer Global has a 1-year low of $4.22 and a 1-year high of $11.29.

Insider Buying and Selling

In other news, insider Tsafi Goldman sold 263,873 shares of the firm's stock in a transaction that occurred on Tuesday, December 10th. The stock was sold at an average price of $10.10, for a total value of $2,665,117.30. Following the transaction, the insider now owns 741,748 shares in the company, valued at $7,491,654.80. This trade represents a 26.24 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Beatrice Ordonez sold 85,000 shares of the company's stock in a transaction on Tuesday, January 21st. The stock was sold at an average price of $10.40, for a total value of $884,000.00. Following the sale, the chief financial officer now owns 2,305,245 shares of the company's stock, valued at $23,974,548. This trade represents a 3.56 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 445,223 shares of company stock worth $4,519,362 in the last quarter. Insiders own 5.57% of the company's stock.

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Analyst Ratings Changes

PAYO has been the topic of several recent analyst reports. Wolfe Research lowered Payoneer Global from an "outperform" rating to a "peer perform" rating in a research note on Wednesday, January 8th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Payoneer Global in a research report on Monday, February 3rd. They set a "buy" rating and a $13.00 target price on the stock. Citigroup lifted their price target 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. Northland Securities increased their price objective on shares of Payoneer Global from $13.00 to $14.00 and gave the stock an "outperform" rating in a research report on Friday, December 6th. Finally, Keefe, Bruyette & Woods reduced their target price on Payoneer Global from $11.00 to $10.00 and set a "market perform" rating for the company in a research note on Friday. Two analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $12.57.

Payoneer Global Company Profile

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.