Paysafe Limited (NYSE:PSFE) Given Consensus Recommendation of “Reduce” by Analysts

Paysafe Limited (NYSE:PSFE) has been assigned a consensus recommendation of “Reduce” from the six analysts that are presently covering the firm, MarketBeat reports. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating on the company. The average twelve-month price target among analysts that have covered the stock in the last year is $10.1250.

A number of research firms recently commented on PSFE. Wall Street Zen upgraded shares of Paysafe from a “hold” rating to a “buy” rating in a research note on Saturday, June 13th. Weiss Ratings lowered shares of Paysafe from a “sell (d)” rating to a “sell (d-)” rating in a research note on Thursday, May 14th. UBS Group reaffirmed a “sell” rating and issued a $7.50 price target (up from $6.75) on shares of Paysafe in a report on Thursday, May 14th. Susquehanna reiterated a “neutral” rating and set a $10.00 price objective (up from $9.00) on shares of Paysafe in a research note on Thursday, May 14th. Finally, Zacks Research raised shares of Paysafe from a “strong sell” rating to a “hold” rating in a report on Monday, June 15th.

Paysafe Stock Performance

Shares of PSFE stock opened at $8.42 on Friday. Paysafe has a 12-month low of $5.95 and a 12-month high of $15.02. The business’s fifty day simple moving average is $7.75 and its 200-day simple moving average is $7.49. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 4.03. The company has a market cap of $435.15 million, a PE ratio of -2.39, a PEG ratio of 0.28 and a beta of 1.74.

Paysafe (NYSE:PSFE) last issued its quarterly earnings results on Thursday, May 14th. The company reported $0.41 earnings per share for the quarter, topping analysts’ consensus estimates of $0.40 by $0.01. Paysafe had a positive return on equity of 11.32% and a negative net margin of 11.44%.The business had revenue of $442.72 million for the quarter, compared to analyst estimates of $424.41 million. Analysts expect that Paysafe will post 1.6 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Paysafe news, insider Richard Swales sold 10,000 shares of Paysafe stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $7.69, for a total transaction of $76,900.00. Following the completion of the sale, the insider owned 44,456 shares of the company’s stock, valued at approximately $341,866.64. The trade was a 18.36% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Greenwich Wealth Management LLC lifted its holdings in shares of Paysafe by 6.9% during the fourth quarter. Greenwich Wealth Management LLC now owns 30,473 shares of the company’s stock worth $247,000 after purchasing an additional 1,960 shares during the period. Two Sigma Investments LP increased its holdings in Paysafe by 4.7% in the 3rd quarter. Two Sigma Investments LP now owns 69,940 shares of the company’s stock worth $904,000 after buying an additional 3,135 shares during the period. Tower Research Capital LLC TRC raised its position in Paysafe by 143.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 5,548 shares of the company’s stock worth $70,000 after buying an additional 3,266 shares during the last quarter. Campbell & CO Investment Adviser LLC lifted its stake in Paysafe by 23.2% during the 4th quarter. Campbell & CO Investment Adviser LLC now owns 24,440 shares of the company’s stock valued at $198,000 after acquiring an additional 4,606 shares during the period. Finally, Bfsg LLC lifted its stake in Paysafe by 46.0% during the 4th quarter. Bfsg LLC now owns 16,148 shares of the company’s stock valued at $131,000 after acquiring an additional 5,088 shares during the period. 54.39% of the stock is currently owned by hedge funds and other institutional investors.

About Paysafe

Paysafe is a global payments provider that delivers a comprehensive suite of online and offline payment solutions. The company operates a diverse portfolio of products, including digital wallets under the Skrill and Neteller brands, prepaid voucher services through paysafecard, and integrated payment processing solutions for merchants. Paysafe’s platform is designed to serve a wide range of industries, from e-commerce and digital goods to gaming, financial services, and regulated verticals, offering tailored risk and compliance management alongside its core transaction capabilities.

Founded through a series of mergers and strategic acquisitions, Paysafe traces its origins to the launch of paysafecard in 2000 and the establishment of Optimal Payments in 1996.