Paysign (NASDAQ:PAYS) Announces Quarterly Earnings Results, Hits Expectations

Paysign (NASDAQ:PAYS) announced its earnings results on Tuesday. The company reported $0.02 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.02, Zacks reports. Paysign had a net margin of 14.28% and a return on equity of 30.64%. Paysign updated its Q1 2025 guidance to EPS and its FY 2025 guidance to 0.000-0.000 EPS.

Paysign Price Performance

PAYS stock opened at $2.48 on Wednesday. The stock’s fifty day moving average price is $2.67 and its 200-day moving average price is $3.25. The company has a market cap of $132.80 million, a P/E ratio of 16.53 and a beta of 0.93. Paysign has a 1 year low of $2.25 and a 1 year high of $5.59.

Insider Activity

In other Paysign news, insider Topline Capital Management, Ll sold 231,187 shares of the company’s stock in a transaction dated Friday, December 27th. The stock was sold at an average price of $3.31, for a total value of $765,228.97. Following the completion of the sale, the insider now owns 5,859,046 shares in the company, valued at $19,393,442.26. This represents a 3.80 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, major shareholder Topline Capital Partners, Lp sold 20,834 shares of the firm’s stock in a transaction dated Tuesday, December 31st. The stock was sold at an average price of $3.03, for a total value of $63,127.02. Following the completion of the transaction, the insider now directly owns 5,611,128 shares in the company, valued at $17,001,717.84. This trade represents a 0.37 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 927,087 shares of company stock valued at $2,872,039 in the last quarter. 23.40% of the stock is currently owned by insiders.

Analyst Ratings Changes

Separately, Lake Street Capital started coverage on Paysign in a report on Friday, December 20th. They issued a “buy” rating and a $6.00 target price on the stock.

Paysign Company Profile

Paysign, Inc provides prepaid card programs, comprehensive patient affordability offerings, digital banking services, and integrated payment processing services for businesses, consumers, and government institutions. Its product offerings include solutions for corporate rewards, prepaid gift cards, general purpose reloadable debit cards, employee incentives, consumer rebates, donor compensation, clinical trials, healthcare reimbursement payments and pharmaceutical payment assistance, and demand deposit accounts accessible with a debit card.