$0.11 Earnings Per Share Expected for Paya Holdings Inc. (NASDAQ:PAYA) This Quarter

Brokerages forecast that Paya Holdings Inc. (NASDAQ:PAYA) will announce earnings of $0.11 per share for the current quarter, according to Zacks. Four analysts have issued estimates for Paya’s earnings, with estimates ranging from $0.08 to $0.16. The company is expected to announce its next quarterly earnings report on Wednesday, October 13th.

On average, analysts expect that Paya will report full year earnings of $0.41 per share for the current fiscal year, with EPS estimates ranging from $0.35 to $0.53. For the next year, analysts expect that the firm will report earnings of $0.51 per share, with EPS estimates ranging from $0.37 to $0.75. Zacks’ EPS calculations are a mean average based on a survey of analysts that that provide coverage for Paya.

Paya (NASDAQ:PAYA) last released its quarterly earnings results on Friday, August 6th. The company reported $0.11 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.08 by $0.03.

A number of equities analysts recently weighed in on the company. Cantor Fitzgerald assumed coverage on Paya in a research report on Thursday, June 24th. They issued an “overweight” rating and a $14.00 price target for the company. Truist Securities began coverage on Paya in a research report on Monday, June 28th. They set a “buy” rating and a $15.00 price objective for the company. Zacks Investment Research lowered Paya from a “buy” rating to a “hold” rating in a research report on Tuesday, August 31st. BTIG Research restated a “buy” rating and set a $18.00 price objective on shares of Paya in a research report on Friday, August 6th. Finally, Morgan Stanley began coverage on Paya in a research report on Monday, August 23rd. They set an “equal weight” rating and a $11.00 price objective for the company. Two investment analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $14.20.

Institutional investors and hedge funds have recently bought and sold shares of the company. Altshuler Shaham Ltd purchased a new stake in shares of Paya during the 1st quarter worth about $31,000. Ameritas Investment Partners Inc. purchased a new stake in shares of Paya during the 2nd quarter worth about $71,000. Wolverine Asset Management LLC purchased a new stake in shares of Paya during the 1st quarter worth about $76,000. Financial Architects Inc bought a new position in shares of Paya in the 2nd quarter valued at approximately $116,000. Finally, Rockefeller Capital Management L.P. bought a new position in shares of Paya in the 1st quarter valued at approximately $118,000.

Shares of NASDAQ:PAYA traded down $0.03 during midday trading on Wednesday, reaching $10.92. The company had a trading volume of 31,493 shares, compared to its average volume of 1,295,475. Paya has a 1-year low of $8.99 and a 1-year high of $15.00. The firm has a market cap of $1.39 billion, a price-to-earnings ratio of 22.71 and a beta of 0.03. The company has a fifty day simple moving average of $10.77 and a two-hundred day simple moving average of $10.93.

Paya Company Profile

Paya Holdings Inc, through its subsidiaries, provides integrated payment and commerce solutions that help customers accept and make payments, expedite receipt of money, and increase operating efficiency. The company through two segments, Integrated Solutions and Payment Services. It processes payments through credit and debit card, ACH, and check payment processing solutions.

Featured Story: What is the S&P/ASX 200 Index?

Get a free copy of the Zacks research report on Paya (PAYA)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for Paya (NASDAQ:PAYA)

Receive News & Ratings for Paya Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Paya and related companies with MarketBeat.com's FREE daily email newsletter.