Nayax (NASDAQ:NYAX) Announces Quarterly Earnings Results, Beats Estimates By $0.01 EPS

Nayax (NASDAQ:NYAX) posted its quarterly earnings results on Tuesday. The company reported $0.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.01, Zacks reports. Nayax had a negative return on equity of 7.32% and a negative net margin of 3.62%. Nayax updated its FY 2025 guidance to EPS.

Nayax Trading Up 0.5 %

NASDAQ:NYAX opened at $37.15 on Tuesday. Nayax has a one year low of $20.31 and a one year high of $40.70. The firm has a 50-day simple moving average of $35.51 and a 200-day simple moving average of $29.65. The firm has a market cap of $1.32 billion, a P/E ratio of -119.83 and a beta of 0.02. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.16 and a current ratio of 1.25.

Institutional Trading of Nayax

A hedge fund recently raised its stake in Nayax stock. Bank of America Corp DE lifted its holdings in Nayax Ltd. (NASDAQ:NYAX) by 920.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,500 shares of the company’s stock after buying an additional 1,353 shares during the period. Bank of America Corp DE’s holdings in Nayax were worth $44,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors own 34.87% of the company’s stock.

Wall Street Analysts Forecast Growth

NYAX has been the topic of a number of research reports. B. Riley started coverage on shares of Nayax in a research note on Tuesday, November 19th. They issued a “buy” rating and a $38.00 price target on the stock. Keefe, Bruyette & Woods increased their target price on shares of Nayax from $28.00 to $30.00 and gave the stock a “market perform” rating in a research note on Monday, December 9th. Four equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $31.25.

About Nayax

Nayax Ltd., a fintech company, operates system and payment platform for multiple retailers in the United States, Europe, the United Kingdom, Australia, Israel, and rest of the world. The company offers AMIT 3.0, a machine-to-machine vending telemetry solution; Nayax Core, a management and monitoring software for vending machines and other unattended machines; MoMa, a mobile app for unattended machine; Tigapo back-office software suite, a cloud-based platform; EV Core, a smart, cloud-based management platform; Retail Management Cloud, a comprehensive attended retail management platform; Loyalty and Marketing Suite, a consumer engagement marketing and loyalty platform; Monyx Wallet, a digital wallet app enabling cashless payments with mobile phones; Weezmo, a consumer engagement and marketing platform; and Tigapo app, a proprietary mobile app to help family entertainment center businesses.