Paymentus (NYSE:PAY) Posts Quarterly Earnings Results, Misses Expectations By $0.01 EPS

Paymentus (NYSE:PAY) issued its quarterly earnings data on Monday. The business services provider reported $0.15 EPS for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.01), Zacks reports. Paymentus had a return on equity of 12.63% and a net margin of 5.37%. Paymentus updated its FY 2025 guidance to EPS and its Q4 2025 guidance to EPS.

Paymentus Stock Performance

PAY stock traded up $0.01 during mid-day trading on Monday, hitting $28.61. 1,219,363 shares of the company were exchanged, compared to its average volume of 635,035. The firm has a market cap of $3.58 billion, a P/E ratio of 66.54 and a beta of 1.51. Paymentus has a 1-year low of $22.65 and a 1-year high of $40.43. The firm’s 50 day simple moving average is $32.88 and its 200 day simple moving average is $33.37.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the stock. Raymond James Financial set a $38.00 price objective on shares of Paymentus and gave the stock an “outperform” rating in a report on Tuesday, August 5th. Wolfe Research upgraded shares of Paymentus from a “peer perform” rating to an “outperform” rating in a research report on Tuesday, July 22nd. Wall Street Zen downgraded shares of Paymentus from a “buy” rating to a “hold” rating in a research report on Saturday, October 25th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Paymentus in a research report on Wednesday, October 8th. Four analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $37.00.

Hedge Funds Weigh In On Paymentus

Hedge funds have recently made changes to their positions in the business. Vident Advisory LLC bought a new position in shares of Paymentus during the 2nd quarter worth approximately $204,000. Bayesian Capital Management LP acquired a new stake in shares of Paymentus during the second quarter worth $226,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Paymentus by 4.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,295 shares of the business services provider’s stock worth $425,000 after buying an additional 683 shares in the last quarter. Legal & General Group Plc raised its stake in Paymentus by 34.7% in the second quarter. Legal & General Group Plc now owns 25,668 shares of the business services provider’s stock valued at $841,000 after purchasing an additional 6,616 shares in the last quarter. Finally, California State Teachers Retirement System grew its position in Paymentus by 82.0% in the second quarter. California State Teachers Retirement System now owns 29,805 shares of the business services provider’s stock valued at $976,000 after acquiring an additional 13,430 shares during the last quarter. 78.38% of the stock is owned by institutional investors.

About Paymentus

Paymentus Holdings, Inc provides cloud-based bill payment technology and solutions in the United States and internationally. The company offers electronic bill presentment and payment services, enterprise customer communication, and self-service revenue management to billers through a software-as-a-service technology platform.