Paysafe Limited (NYSE:PSFE) Receives Consensus Recommendation of “Reduce” from Analysts

Shares of Paysafe Limited (NYSE:PSFE) have received an average rating of “Reduce” from the six brokerages that are presently covering the company, Marketbeat reports. Three investment analysts have rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $8.50.

A number of equities analysts have recently weighed in on the stock. UBS Group set a $7.00 price target on shares of Paysafe and gave the stock a “sell” rating in a research report on Friday, August 14th. Wall Street Zen cut shares of Paysafe from a “buy” rating to a “hold” rating in a report on Monday, August 3rd. Zacks Research cut Paysafe from a “hold” rating to a “strong sell” rating in a report on Wednesday, July 15th. Susquehanna set a $7.00 price objective on Paysafe and gave the company a “neutral” rating in a research note on Wednesday, August 12th. Finally, BTIG Research reduced their target price on Paysafe from $12.00 to $11.00 and set a “buy” rating for the company in a research note on Wednesday, July 29th.

Insider Transactions at Paysafe

In other Paysafe news, insider Richard Swales sold 10,000 shares of Paysafe stock in a transaction on Friday, August 14th. The shares were sold at an average price of $6.58, for a total transaction of $65,800.00. Following the completion of the transaction, the insider directly owned 34,456 shares of the company’s stock, valued at $226,720.48. The trade was a 22.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Hedge Funds Weigh In On Paysafe

Large investors have recently modified their holdings of the stock. Palogic Value Management L.P. bought a new stake in shares of Paysafe during the 2nd quarter worth about $374,000. Engineers Gate Manager LP bought a new position in Paysafe in the 2nd quarter valued at about $98,000. Public Employees Retirement System of Ohio acquired a new stake in Paysafe during the second quarter worth approximately $350,000. Bank of America Corp DE lifted its position in Paysafe by 74.3% during the first quarter. Bank of America Corp DE now owns 65,947 shares of the company’s stock worth $449,000 after acquiring an additional 28,117 shares during the last quarter. Finally, Empowered Funds LLC boosted its holdings in shares of Paysafe by 9.7% during the first quarter. Empowered Funds LLC now owns 212,954 shares of the company’s stock worth $1,450,000 after acquiring an additional 18,863 shares during the period. 54.39% of the stock is owned by institutional investors.

Paysafe Stock Up 0.5%

Shares of NYSE:PSFE opened at $6.29 on Friday. The company has a 50 day moving average of $7.27 and a 200-day moving average of $7.49. Paysafe has a one year low of $5.95 and a one year high of $14.19. The stock has a market cap of $325.15 million, a price-to-earnings ratio of -1.65 and a beta of 1.75. The company has a debt-to-equity ratio of 4.38, a current ratio of 1.17 and a quick ratio of 1.17.

Paysafe (NYSE:PSFE) last issued its earnings results on Thursday, August 13th. The company reported $0.43 EPS for the quarter, beating the consensus estimate of $0.39 by $0.04. The company had revenue of $447.44 million during the quarter, compared to analysts’ expectations of $446.85 million. Paysafe had a negative net margin of 11.82% and a positive return on equity of 10.31%. Paysafe has set its FY 2026 guidance at 1.900-2.030 EPS.

About Paysafe

Paysafe Limited (NYSE: PSFE) is a specialized payments platform that provides payment processing, digital wallet and online cash solutions to businesses and consumers. Its services are designed for online commerce, recurring payments and industries such as iGaming, entertainment, travel, retail and small-business services.

The company’s consumer-facing brands include Skrill and Neteller, which offer digital wallets and related money-transfer and payment services. Paysafe also operates paysafecard, a prepaid cash-based payment method that enables consumers to make online purchases without using a traditional bank account or credit card.