Nayax Ltd. (NASDAQ:NYAX) Stock Has Average Target Price of $75.76 According to Brokerages

Shares of Nayax Ltd. (NASDAQ:NYAX) have earned an average recommendation of “Hold” from the eight ratings firms that are covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and four have given a buy recommendation to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $75.76.

Several brokerages recently issued reports on NYAX. Barclays reduced their price target on shares of Nayax from $75.00 to $68.00 and set an “equal weight” rating on the stock in a research report on Tuesday, August 11th. Zacks Research upgraded shares of Nayax from a “strong sell” rating to a “hold” rating in a research report on Wednesday, July 1st. UBS Group reaffirmed a “neutral” rating and issued a $70.00 target price on shares of Nayax in a research note on Tuesday, August 11th. Weiss Ratings lowered shares of Nayax from a “sell (d+)” rating to a “sell (d)” rating in a research report on Tuesday. Finally, Keefe, Bruyette & Woods raised shares of Nayax from a “market perform” rating to an “outperform” rating and set a $75.00 price target on the stock in a research note on Friday, August 14th.

Nayax Trading Up 5.0%

Shares of NYAX opened at $44.75 on Friday. The company has a debt-to-equity ratio of 1.43, a quick ratio of 2.03 and a current ratio of 2.12. The company has a market cap of $1.64 billion, a price-to-earnings ratio of 213.10 and a beta of 0.43. The stock has a fifty day moving average price of $55.17 and a two-hundred day moving average price of $61.24. Nayax has a 52-week low of $39.17 and a 52-week high of $76.86.

Nayax (NASDAQ:NYAX) last announced its earnings results on Tuesday, August 11th. The company reported $0.14 EPS for the quarter, topping the consensus estimate of $0.09 by $0.05. Nayax had a return on equity of 10.45% and a net margin of 1.74%.The company had revenue of $122.59 million for the quarter, compared to analysts’ expectations of $116.75 million. Analysts predict that Nayax will post 0.75 EPS for the current fiscal year.

Insider Activity

In other Nayax news, insider Gal Omer sold 1,500 shares of the company’s stock in a transaction on Wednesday, September 16th. The stock was sold at an average price of $45.17, for a total transaction of $67,755.00. Following the transaction, the insider owned 18,539 shares of the company’s stock, valued at approximately $837,406.63. This represents a 7.49% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Sagit Manor sold 1,252 shares of the stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $66.74, for a total value of $83,558.48. Following the completion of the transaction, the chief financial officer owned 45,238 shares in the company, valued at $3,019,184.12. The trade was a 2.69% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders have acquired 107,879 shares of company stock worth $4,752,860 and have sold 4,467 shares worth $257,609.

Hedge Funds Weigh In On Nayax

Hedge funds have recently added to or reduced their stakes in the company. Tidal Investments LLC acquired a new stake in shares of Nayax during the 2nd quarter worth approximately $650,000. Public Employees Retirement System of Ohio acquired a new position in Nayax in the second quarter valued at approximately $239,000. Bank of America Corp DE lifted its holdings in Nayax by 1,607.2% in the first quarter. Bank of America Corp DE now owns 9,270 shares of the company’s stock valued at $519,000 after buying an additional 8,727 shares during the period. Altshuler Shaham Ltd boosted its stake in Nayax by 5.0% in the first quarter. Altshuler Shaham Ltd now owns 36,220 shares of the company’s stock valued at $2,026,000 after acquiring an additional 1,731 shares during the last quarter. Finally, Y.D. More Investments Ltd boosted its stake in Nayax by 3.1% in the first quarter. Y.D. More Investments Ltd now owns 865,171 shares of the company’s stock valued at $48,387,000 after acquiring an additional 25,694 shares during the last quarter. Institutional investors own 34.87% of the company’s stock.

Trending Headlines about Nayax

Here are the key news stories impacting Nayax this week:

• Positive Sentiment: CEO Yair Nechmad purchased 104,511 shares at an average price of $44.09, investing approximately $4.61 million and increasing his direct ownership by 1.43%. The purchase is a notable signal of management confidence in Nayax’s long-term prospects. CEO insider purchase filing
• Positive Sentiment: Director David Ben-Avi made four additional purchases between September 17 and September 24, acquiring a combined 3,368 shares for roughly $145,000. Although small relative to his existing stake, the repeated buying adds to the overall insider-confidence signal. Nayax insider buying report
• Positive Sentiment: Nayax’s latest quarterly results exceeded expectations, with earnings per share of $0.14 versus a $0.09 consensus estimate and revenue of $122.59 million versus expectations of $116.75 million. This provides fundamental support for the recent buying interest.
• Neutral Sentiment: A report stated that short interest totaled zero shares, implying no days to cover. Because the figure conflicts with the description of a “large increase” in short interest, investors should treat the data cautiously until confirmed.
• Neutral Sentiment: Institutional ownership is 34.87%, with several funds recently initiating or increasing positions. This suggests some professional-investor interest but does not establish a broad consensus.
• Negative Sentiment: The shares remain substantially below their 52-week high and below both the 50-day and 200-day moving averages. Nayax also trades at a very elevated earnings multiple, while the analyst consensus remains “Hold,” with target-price reductions from some firms.

About Nayax

Nayax Ltd. (NASDAQ: NYAX) is a global financial technology and commerce enablement company that provides payment processing, management software and business intelligence solutions for unattended and self-service markets. Its platform helps businesses accept and manage cashless transactions while monitoring equipment, customer activity and operational performance.

The company’s products and services are used across industries including vending, electric vehicle charging, fuel and convenience retail, parking, laundromats, hospitality and other automated retail environments.