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

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

Several equities research analysts have issued reports on the stock. Barclays decreased 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 note on Tuesday, August 11th. UBS Group reissued a “neutral” rating and set a $70.00 price objective on shares of Nayax in a research note 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. Weiss Ratings cut shares of Nayax from a “sell (d+)” rating to a “sell (d)” rating in a research note on Tuesday, September 22nd. Finally, Keefe, Bruyette & Woods upgraded Nayax from a “market perform” rating to an “outperform” rating and set a $75.00 price target for the company in a report on Friday, August 14th.

Key Stories Impacting Nayax

Here are the key news stories impacting Nayax this week:

• Positive Sentiment: IPS Group acquisition expands Nayax’s addressable market: Nayax completed its purchase of IPS Group for approximately $350 million in cash. IPS operates a smart-parking platform serving more than 250,000 parking spaces, extending Nayax’s payments and commerce technology into the mobility and parking markets. The deal could add transaction volume, recurring software revenue and cross-selling opportunities, although investors will monitor integration and returns on the cash investment. Nayax completes IPS Group acquisition
• Positive Sentiment: CEO continues to buy shares: CEO Yair Nechmad purchased 22,789 shares for roughly $1.02 million at an average price of $44.79, following additional purchases of 24,146 shares and 104,511 shares in recent days. The buying increases confidence that management views the recent weakness as an attractive valuation opportunity. Nayax CEO insider purchase
• Positive Sentiment: Getnet partnership supports international growth: Nayax is integrating its payment technology with Santander’s Getnet acquiring network, initially in Chile and potentially across Spain, Portugal, Brazil, Mexico and Argentina. The arrangement targets vending, electric-vehicle charging and other unattended-payment businesses, potentially broadening Nayax’s geographic reach and transaction volumes. Nayax and Getnet partnership
• Neutral Sentiment: Analyst expectations remain mixed: The average broker price target is $75.76, substantially above recent levels, but the consensus rating is “Hold.” Ratings range from “Outperform” to “Sell,” signaling uncertainty about the pace of Nayax’s recovery. Nayax analyst price target
• Negative Sentiment: Small insider sales and valuation risks persist: CFO Sagit Manor sold 293 shares, and CSO Aaron Greenberg sold 54 shares to cover RSU-related tax withholding. These were not necessarily discretionary sales, but they add minor selling pressure. NYAX also trades below its 50-day and 200-day averages and at a very high earnings multiple, increasing sensitivity to execution disappointments and acquisition-related costs.

Nayax Stock Up 1.1%

Shares of NASDAQ:NYAX opened at $48.25 on Friday. The company has a quick ratio of 2.03, a current ratio of 2.12 and a debt-to-equity ratio of 1.43. The company has a market capitalization of $1.77 billion, a P/E ratio of 229.76 and a beta of 0.46. Nayax has a 52-week low of $39.17 and a 52-week high of $76.86. The stock’s fifty day simple moving average is $53.04 and its 200-day simple moving average is $60.81.

Nayax (NASDAQ:NYAX) last posted its quarterly earnings data on Tuesday, August 11th. The company reported $0.14 EPS for the quarter, topping analysts’ consensus estimates of $0.09 by $0.05. Nayax had a return on equity of 10.45% and a net margin of 1.74%.The firm had revenue of $122.59 million during the quarter, compared to analysts’ expectations of $116.75 million. As a group, equities research analysts forecast that Nayax will post 0.75 earnings per share for the current fiscal year.

Insider Activity

In other Nayax news, CEO Yair Nechmad bought 22,789 shares of Nayax stock in a transaction that occurred on Tuesday, September 29th. The shares were purchased at an average cost of $44.79 per share, for a total transaction of $1,020,719.31. Following the completion of the transaction, the chief executive officer owned 7,480,493 shares of the company’s stock, valued at $335,051,281.47. This represents a 0.31% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider David Ben-Avi purchased 700 shares of the firm’s stock in a transaction on Wednesday, September 23rd. The stock was acquired at an average cost of $43.07 per share, for a total transaction of $30,149.00. Following the completion of the purchase, the insider owned 6,592,402 shares in the company, valued at $283,934,754.14. The trade was a 0.01% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders acquired 154,814 shares of company stock valued at $6,860,391 and sold 3,161 shares valued at $152,241.

Institutional Investors Weigh In On Nayax

Several hedge funds have recently modified their holdings of the stock. Tidal Investments LLC purchased a new stake in Nayax in the second quarter valued at approximately $650,000. Public Employees Retirement System of Ohio purchased a new position in Nayax during the second quarter worth approximately $239,000. Bank of America Corp DE boosted its holdings in shares of Nayax by 1,607.2% in the 1st quarter. Bank of America Corp DE now owns 9,270 shares of the company’s stock valued at $519,000 after purchasing an additional 8,727 shares during the last quarter. Altshuler Shaham Ltd grew its stake in shares of Nayax by 5.0% during the 1st quarter. Altshuler Shaham Ltd now owns 36,220 shares of the company’s stock valued at $2,026,000 after buying an additional 1,731 shares during the period. Finally, Y.D. More Investments Ltd grew its stake in shares of Nayax by 3.1% during the 1st quarter. Y.D. More Investments Ltd now owns 865,171 shares of the company’s stock valued at $48,387,000 after buying an additional 25,694 shares during the period. 34.87% of the stock is owned by institutional investors and hedge funds.

Nayax Company Profile

Nayax Ltd. is a global financial technology company that provides payment acceptance, management, and loyalty solutions for unattended and automated commerce. Its platform enables businesses to accept cashless payments through card readers, mobile wallets, and other digital payment methods while managing transactions and customer interactions through cloud-based software.

The company serves industries including vending, electric vehicle charging, parking, laundromats, kiosks, fuel stations, and other automated retail environments.