Nayax (NYAX) Expected to Announce Quarterly Earnings on Tuesday

Nayax (NASDAQ:NYAX) will likely be announcing its Q1 2025 earnings results before the market opens on Tuesday, May 13th. Analysts expect the company to announce earnings of $0.04 per share and revenue of $85.08 million for the quarter.

Nayax Price Performance

Shares of NASDAQ:NYAX opened at $42.16 on Monday. The stock has a market cap of $1.49 billion, a PE ratio of -136.00 and a beta of 0.13. The company’s fifty day moving average is $37.09 and its 200 day moving average is $33.95. Nayax has a 52 week low of $20.31 and a 52 week high of $42.85. The company has a quick ratio of 1.16, a current ratio of 1.25 and a debt-to-equity ratio of 0.11.

Hedge Funds Weigh In On Nayax

A hedge fund recently raised its stake in Nayax stock. Bank of America Corp DE lifted its stake in shares of Nayax Ltd. (NASDAQ:NYAX) by 920.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,500 shares of the company’s stock after buying an additional 1,353 shares during the quarter. Bank of America Corp DE’s holdings in Nayax were worth $44,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 34.87% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the stock. Keefe, Bruyette & Woods boosted their price objective on shares of Nayax from $33.00 to $38.00 and gave the company a “market perform” rating in a research report on Thursday, March 6th. B. Riley restated a “buy” rating and issued a $44.00 price objective (up previously from $42.00) on shares of Nayax in a research report on Wednesday, March 5th. Finally, William Blair upgraded shares of Nayax from a “market perform” rating to an “outperform” rating in a research report on Tuesday, April 1st. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, Nayax currently has an average rating of “Moderate Buy” and a consensus price target of $36.67.

About Nayax

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.