Nayax Ltd. (NASDAQ:NYAX - Free Report) - Research analysts at B. Riley issued their FY2024 earnings per share estimates for shares of Nayax in a research note issued on Monday, November 18th. B. Riley analyst J. Nichols forecasts that the company will post earnings of ($0.17) per share for the year. B. Riley has a "Strong-Buy" rating on the stock. The consensus estimate for Nayax's current full-year earnings is ($0.16) per share. B. Riley also issued estimates for Nayax's Q4 2024 earnings at $0.02 EPS, FY2025 earnings at $0.57 EPS and FY2026 earnings at $1.30 EPS.
Several other analysts have also weighed in on NYAX. Keefe, Bruyette & Woods lowered their target price on shares of Nayax from $27.00 to $25.00 and set a "market perform" rating for the company in a research note on Thursday, August 8th. Oppenheimer initiated coverage on shares of Nayax in a report on Tuesday, October 1st. They issued a "market perform" rating on the stock. Jefferies Financial Group raised Nayax from a "hold" rating to a "buy" rating in a report on Wednesday, October 30th. Finally, Barclays boosted their price objective on Nayax from $23.00 to $28.00 and gave the company an "equal weight" rating in a research report on Tuesday, October 15th. Four analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $30.00.
Get Our Latest Stock Analysis on NYAX
Nayax Trading Down 2.9 %
Shares of NASDAQ NYAX opened at $27.28 on Thursday. The stock's 50 day moving average price is $26.56 and its two-hundred day moving average price is $24.84. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.16 and a current ratio of 1.25. Nayax has a 52-week low of $18.46 and a 52-week high of $30.99.
Nayax (NASDAQ:NYAX - Get Free Report) last released its earnings results on Tuesday, November 12th. The company reported $0.02 earnings per share for the quarter, topping the consensus estimate of $0.01 by $0.01. The company had revenue of $83.01 million during the quarter, compared to the consensus estimate of $88.40 million. Nayax had a negative net margin of 3.62% and a negative return on equity of 7.32%. During the same quarter in the previous year, the firm earned ($0.09) EPS.
Institutional Investors Weigh In On Nayax
A number of institutional investors have recently added to or reduced their stakes in NYAX. Barclays PLC lifted its stake in Nayax by 5,526.8% during the third quarter. Barclays PLC now owns 2,307 shares of the company's stock valued at $58,000 after purchasing an additional 2,266 shares during the last quarter. Public Employees Retirement System of Ohio bought a new stake in shares of Nayax during the 3rd quarter worth $69,000. Hood River Capital Management LLC acquired a new position in shares of Nayax in the 1st quarter worth $102,000. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of Nayax by 16.1% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,915 shares of the company's stock worth $168,000 after acquiring an additional 1,099 shares during the last quarter. Finally, Ingalls & Snyder LLC acquired a new stake in shares of Nayax during the second quarter worth $229,000. 34.87% of the stock is currently owned by institutional investors and hedge funds.
About Nayax
(
Get Free Report)
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.
Further Reading
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