Payoneer Global (NASDAQ:PAYO) Releases Earnings Results, Misses Estimates By $0.01 EPS

Payoneer Global (NASDAQ:PAYO) released its quarterly earnings data on Thursday. The company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.06 by ($0.01), Zacks reports. Payoneer Global had a net margin of 13.82% and a return on equity of 17.78%. The business had revenue of $261.74 million for the quarter, compared to analysts’ expectations of $242.14 million. During the same period last year, the business earned $0.05 earnings per share. Payoneer Global updated its FY 2025 guidance to EPS.

Payoneer Global Stock Down 1.5 %

PAYO opened at $8.55 on Friday. The company has a market capitalization of $3.05 billion, a PE ratio of 24.43, a price-to-earnings-growth ratio of 2.88 and a beta of 0.93. The firm has a 50-day simple moving average of $10.27 and a two-hundred day simple moving average of $9.24. Payoneer Global has a 52 week low of $4.22 and a 52 week high of $11.29.

Insider Transactions at Payoneer Global

In related news, CFO Beatrice Ordonez sold 85,000 shares of the business’s stock in a transaction on Tuesday, January 21st. The shares were sold at an average price of $10.40, for a total value of $884,000.00. Following the sale, the chief financial officer now owns 2,305,245 shares in the company, valued at approximately $23,974,548. The trade was a 3.56 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Tsafi Goldman sold 263,873 shares of the company’s stock in a transaction on Tuesday, December 10th. The shares were sold at an average price of $10.10, for a total transaction of $2,665,117.30. Following the sale, the insider now directly owns 741,748 shares in the company, valued at approximately $7,491,654.80. The trade was a 26.24 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 445,223 shares of company stock valued at $4,519,362. 5.57% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on PAYO shares. The Goldman Sachs Group raised their price target on shares of Payoneer Global from $9.00 to $12.00 and gave the company a “buy” rating in a report on Wednesday, November 6th. Benchmark raised their target price on shares of Payoneer Global from $10.00 to $12.00 and gave the stock a “buy” rating in a report on Wednesday, November 6th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Payoneer Global in a research report on Monday, February 3rd. They issued a “buy” rating and a $13.00 target price for the company. Wolfe Research cut Payoneer Global from an “outperform” rating to a “peer perform” rating in a report on Wednesday, January 8th. Finally, Keefe, Bruyette & Woods cut their price objective on Payoneer Global from $11.00 to $10.00 and set a “market perform” rating for the company in a report on Friday. Two research analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Payoneer Global presently has an average rating of “Moderate Buy” and a consensus price target of $11.88.

About Payoneer Global

Payoneer Global Inc operates as a financial technology company. It operates a payment infrastructure platform that provides customers with a one-stop, global, multi-currency account to serve their accounts receivable and accounts payable needs. The company delivers a suite of services that includes cross-border payments, physical and virtual MasterCard cards, working capital, risk management, and other services.