Paysign (NASDAQ:PAYS) Releases Quarterly Earnings Results, Meets Estimates

Paysign (NASDAQ:PAYSGet Free Report) released its earnings results on Tuesday. The company reported $0.02 EPS for the quarter, hitting analysts’ consensus estimates of $0.02, Zacks reports. Paysign had a net margin of 14.28% and a return on equity of 30.64%. Paysign updated its Q1 2025 guidance to EPS and its FY 2025 guidance to 0.000-0.000 EPS.

Paysign Price Performance

PAYS traded down $0.04 during trading on Tuesday, reaching $2.48. 692,183 shares of the company’s stock were exchanged, compared to its average volume of 273,320. Paysign has a 1 year low of $2.25 and a 1 year high of $5.59. The company’s fifty day simple moving average is $2.68 and its 200-day simple moving average is $3.26. The stock has a market capitalization of $132.80 million, a P/E ratio of 16.53 and a beta of 0.93.

Insider Activity

In related news, major shareholder Topline Capital Partners, Lp sold 20,834 shares of Paysign stock in a transaction that occurred on Tuesday, December 31st. The stock was sold at an average price of $3.03, for a total transaction of $63,127.02. Following the completion of the transaction, the insider now directly owns 5,611,128 shares in the company, valued at approximately $17,001,717.84. This trade represents a 0.37 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Topline Capital Management, Ll sold 231,187 shares of the company’s stock in a transaction that occurred on Friday, December 27th. The stock was sold at an average price of $3.31, for a total value of $765,228.97. Following the completion of the sale, the insider now owns 5,859,046 shares in the company, valued at approximately $19,393,442.26. This represents a 3.80 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 927,087 shares of company stock valued at $2,872,039 in the last ninety days. Insiders own 23.40% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Lake Street Capital started coverage on shares of Paysign in a research note on Friday, December 20th. They set a “buy” rating and a $6.00 price objective for the company.

Check Out Our Latest Research Report on Paysign

About Paysign

(Get Free Report)

Paysign, Inc provides prepaid card programs, comprehensive patient affordability offerings, digital banking services, and integrated payment processing services for businesses, consumers, and government institutions. Its product offerings include solutions for corporate rewards, prepaid gift cards, general purpose reloadable debit cards, employee incentives, consumer rebates, donor compensation, clinical trials, healthcare reimbursement payments and pharmaceutical payment assistance, and demand deposit accounts accessible with a debit card.

Featured Articles

Earnings History for Paysign (NASDAQ:PAYS)

Receive News & Ratings for Paysign Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Paysign and related companies with MarketBeat.com's FREE daily email newsletter.