Paysafe (PSFE) Scheduled to Post Earnings on Tuesday

Paysafe (NYSE:PSFE) is scheduled to release its earnings data before the market opens on Tuesday, August 13th. Analysts expect Paysafe to post earnings of $0.40 per share for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

Paysafe (NYSE:PSFE) last announced its quarterly earnings results on Monday, May 13th. The company reported $0.45 EPS for the quarter, beating the consensus estimate of $0.41 by $0.04. Paysafe had a positive return on equity of 15.26% and a negative net margin of 0.82%. The company had revenue of $417.74 million for the quarter, compared to the consensus estimate of $407.60 million. On average, analysts expect Paysafe to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Paysafe Price Performance

Shares of Paysafe stock opened at $19.57 on Monday. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 2.80. The firm has a fifty day simple moving average of $18.86 and a 200-day simple moving average of $16.45. The stock has a market capitalization of $1.19 billion, a price-to-earnings ratio of -88.95, a PEG ratio of 0.52 and a beta of 1.91. Paysafe has a 1-year low of $9.25 and a 1-year high of $21.89.

Analysts Set New Price Targets

A number of research analysts have weighed in on the stock. UBS Group boosted their target price on shares of Paysafe from $11.00 to $16.50 and gave the stock a “sell” rating in a research report on Wednesday, May 15th. Susquehanna increased their target price on Paysafe from $14.00 to $16.00 and gave the company a “neutral” rating in a research note on Tuesday, May 14th. Bank of America lifted their price target on Paysafe from $13.40 to $14.60 and gave the stock an “underperform” rating in a research report on Monday, April 15th. Finally, Royal Bank of Canada increased their price objective on Paysafe from $16.00 to $20.00 and gave the company a “sector perform” rating in a research report on Tuesday, May 14th. Three investment analysts have rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, Paysafe currently has a consensus rating of “Hold” and an average target price of $22.01.

Paysafe Company Profile

Paysafe Limited provides end-to-end payment solutions in the United States, Germany, the United Kingdom, and internationally. Its payments platform offers a range of payment solutions comprising credit and debit card processing, digital wallet, eCash, and real-time banking solutions for entertainment verticals, such as iGaming, including online betting related to sports, e-sports, fantasy sports, poker, and other casino games, as well as travel, streaming/video gaming, retail/hospitality, and digital assets.