Royal Bank Of Canada Issues Pessimistic Forecast for Paysafe (NYSE:PSFE) Stock Price

Paysafe (NYSE:PSFE) had its target price dropped by investment analysts at Royal Bank Of Canada from $9.00 to $6.00 in a research report issued on Friday, Benzinga reports. The firm presently has a “sector perform” rating on the stock. Royal Bank Of Canada‘s price target would indicate a potential upside of 58.14% from the stock’s previous close.

Several other brokerages have also recently issued reports on PSFE. Susquehanna set a $7.00 price objective on shares of Paysafe and gave the stock a “neutral” rating in a research note on Wednesday, August 12th. UBS Group set a $7.00 target price on shares of Paysafe and gave the stock a “sell” rating in a report on Friday, August 14th. BTIG Research lowered shares of Paysafe from a “buy” rating to a “neutral” rating in a research report on Friday. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Paysafe in a report on Wednesday, November 4th. Finally, Wall Street Zen downgraded Paysafe from a “buy” rating to a “hold” rating in a research report on Monday, August 3rd. Three research analysts have rated the stock with a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Reduce” and an average price target of $7.75.

Paysafe Stock Performance

Shares of PSFE traded down $0.08 during mid-day trading on Friday, reaching $3.79. 477,099 shares of the company’s stock traded hands, compared to its average volume of 389,037. The company has a debt-to-equity ratio of 4.38, a quick ratio of 1.17 and a current ratio of 1.17. The business’s 50-day moving average price is $6.01 and its 200-day moving average price is $7.08. The stock has a market capitalization of $196.07 million, a P/E ratio of -0.98 and a beta of 1.80. Paysafe has a 12 month low of $3.67 and a 12 month high of $10.04.

Paysafe (NYSE:PSFE) last posted its earnings results on Thursday, November 12th. The company reported $0.44 EPS for the quarter, missing the consensus estimate of $0.55 by ($0.11). Paysafe had a negative net margin of 11.82% and a positive return on equity of 10.31%. The business had revenue of $439.57 million during the quarter, compared to analyst estimates of $448.53 million. Paysafe has set its FY 2026 guidance at 1.450-1.540 EPS.

Hedge Funds Weigh In On Paysafe

A number of institutional investors have recently made changes to their positions in PSFE. R Squared Ltd bought a new position in shares of Paysafe during the 3rd quarter worth about $92,000. Engineers Gate Manager LP bought a new stake in Paysafe during the second quarter worth about $98,000. Sei Investments Co. acquired a new position in Paysafe in the first quarter worth $127,000. Public Employees Retirement System of Ohio acquired a new stake in shares of Paysafe in the second quarter valued at $350,000. Finally, Palogic Value Management L.P. bought a new position in shares of Paysafe in the second quarter valued at about $374,000. 54.39% of the stock is currently owned by institutional investors.

Paysafe News Summary

Investors following PSFE have been watching these news items:

• Positive Sentiment: Paysafe reported 8.1 million active three-month consumers in Q3 and expects full-year revenue growth of about 4%, offering some evidence of continued business activity. Paysafe: 3 Key Takeaways for Long-Term Investors
• Negative Sentiment: Q3 adjusted EPS of $0.44 missed the $0.55 consensus, while revenue of $439.57 million fell short of expectations of $448.53 million. The earnings miss, alongside reports of a goodwill impairment, weighed on investor sentiment. Paysafe tumbles on earnings miss and weak guidance
• Negative Sentiment: BTIG Research cut its rating on Paysafe from Buy to Neutral, adding to concerns about the stock’s outlook. BTIG Research ratings

Paysafe Company Profile

Paysafe Limited is a payments technology company that provides services to businesses and consumers. Its offerings include payment processing and merchant solutions, digital wallets, and prepaid payment products designed for online and in-person transactions. The company’s consumer brands include Skrill and NETELLER digital wallets and paysafecard, a prepaid option that lets customers pay online without using a traditional payment card. Paysafe also supports merchants with tools for accepting and managing payments across digital channels.