Paysafe (NYSE:PSFE - Get Free Report) is scheduled to be posting its quarterly earnings results before the market opens on Wednesday, November 13th. Analysts expect Paysafe to post earnings of $0.58 per share for the quarter. Paysafe has set its FY 2024 guidance at EPS.Investors that are interested in participating in the company's conference call can do so using this link.
Paysafe (NYSE:PSFE - Get Free Report) last issued its quarterly earnings data on Tuesday, August 13th. The company reported $0.43 EPS for the quarter, missing the consensus estimate of $0.50 by ($0.07). The business had revenue of $439.92 million for the quarter, compared to analysts' expectations of $428.40 million. Paysafe had a positive return on equity of 14.42% and a negative net margin of 0.78%. On average, analysts expect Paysafe to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Paysafe Price Performance
PSFE traded up $1.14 on Wednesday, reaching $23.07. The company had a trading volume of 312,551 shares, compared to its average volume of 334,556. Paysafe has a 52-week low of $10.05 and a 52-week high of $23.50. The company has a market cap of $1.40 billion, a price-to-earnings ratio of -109.19, a P/E/G ratio of 0.53 and a beta of 1.91. The company has a debt-to-equity ratio of 2.83, a quick ratio of 1.15 and a current ratio of 1.15. The business has a 50 day simple moving average of $22.00 and a 200 day simple moving average of $19.65.
Analysts Set New Price Targets
Several research analysts recently issued reports on the stock. Royal Bank of Canada upped their target price on shares of Paysafe from $20.00 to $25.00 and gave the stock a "sector perform" rating in a research report on Wednesday, August 14th. UBS Group increased their price objective on Paysafe from $16.50 to $17.00 and gave the company a "sell" rating in a research report on Wednesday, August 14th. Bank of America upped their target price on Paysafe from $16.20 to $19.00 and gave the stock an "underperform" rating in a research note on Tuesday, August 27th. Finally, Susquehanna reissued a "neutral" rating and set a $23.00 price target on shares of Paysafe in a research note on Tuesday, October 15th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $19.00.
Read Our Latest Stock Report on PSFE
About Paysafe
(
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Paysafe Limited provides end-to-end payment solutions in the United States, Germany, the United Kingdom, and internationally. Its payments platform offers a range of payment solutions comprising credit and debit card processing, digital wallet, eCash, and real-time banking solutions for entertainment verticals, such as iGaming, including online betting related to sports, e-sports, fantasy sports, poker, and other casino games, as well as travel, streaming/video gaming, retail/hospitality, and digital assets.
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