Maxim Group downgraded shares of Paysign (NASDAQ:PAYS – Free Report) from a buy rating to a hold rating in a research note issued to investors on Wednesday, Marketbeat Ratings reports.
Several other research analysts have also recently weighed in on PAYS. Barrington Research set a $15.00 price target on shares of Paysign in a report on Tuesday, August 11th. Wall Street Zen lowered shares of Paysign from a “strong-buy” rating to a “buy” rating in a research note on Sunday, August 16th. Weiss Ratings raised shares of Paysign from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, October 8th. Lake Street Capital boosted their target price on Paysign from $13.00 to $15.00 and gave the stock a “buy” rating in a research note on Tuesday, September 15th. Finally, DA Davidson boosted their target price on Paysign from $12.00 to $15.00 and gave the stock a “buy” rating in a research note on Wednesday, September 30th. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $14.81.
Check Out Our Latest Analysis on PAYS
Paysign Stock Performance
Shares of NASDAQ PAYS opened at $9.48 on Wednesday. Paysign has a fifty-two week low of $3.08 and a fifty-two week high of $16.15. The stock has a market cap of $535.24 million, a price-to-earnings ratio of 30.73 and a beta of 0.92. The firm’s 50-day simple moving average is $13.76 and its 200 day simple moving average is $8.66.
Paysign (NASDAQ:PAYS – Get Free Report) last released its quarterly earnings results on Monday, November 9th. The company reported $0.11 EPS for the quarter, beating analysts’ consensus estimates of $0.09 by $0.02. The business had revenue of $30.80 million during the quarter, compared to analyst estimates of $29.02 million. Paysign had a return on equity of 37.20% and a net margin of 18.48%. On average, sell-side analysts predict that Paysign will post 0.38 EPS for the current year.
Insider Buying and Selling at Paysign
In other news, EVP Joan M. Herman sold 38,900 shares of Paysign stock in a transaction on Wednesday, September 16th. The stock was sold at an average price of $11.74, for a total value of $456,686.00. Following the completion of the transaction, the executive vice president directly owned 609,421 shares in the company, valued at approximately $7,154,602.54. The trade was a 6.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michael C. Ngo sold 79,925 shares of the business’s stock in a transaction on Wednesday, September 9th. The shares were sold at an average price of $12.74, for a total value of $1,018,244.50. Following the sale, the insider owned 2,350,000 shares in the company, valued at approximately $29,939,000. The trade was a 3.29% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 259,904 shares of company stock valued at $3,402,424 in the last 90 days. 24.50% of the stock is currently owned by company insiders.
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in PAYS. HighTower Advisors LLC bought a new stake in shares of Paysign during the third quarter valued at about $297,000. Virtus Advisers LLC purchased a new position in Paysign during the third quarter valued at approximately $282,000. Diversified Trust Co purchased a new position in Paysign during the third quarter valued at approximately $234,000. Russell Investments Group Ltd. increased its holdings in Paysign by 171.1% during the 3rd quarter. Russell Investments Group Ltd. now owns 156,825 shares of the company’s stock worth $2,114,000 after acquiring an additional 98,980 shares during the period. Finally, Lisanti Capital Growth LLC bought a new stake in Paysign during the 3rd quarter worth approximately $839,000. Institutional investors own 25.89% of the company’s stock.
Latest Paysign News
These are some of the PAYS news items that stood out recently:
- Positive Sentiment: Ladenburg Thalmann raised its price target to $15.25 from $14.00 and reiterated a Buy rating. Ladenburg Thalmann ratings
- Neutral Sentiment: DA Davidson lowered its target to $14 from $15 but maintained a Buy rating, suggesting its outlook remains positive despite a reduced valuation estimate. DA Davidson ratings
- Negative Sentiment: The company’s 2026 adjusted EPS guidance of $0.37–$0.38 is below the $0.51 analyst consensus. Revenue guidance of $114 million–$117 million is broadly around consensus, but a customer’s pullback raised concerns about future revenue. These outlook concerns appear to be the main source of pressure on the stock. Paysign Falls as Customer’s Pullback Weighs on Future Revenue
Paysign Company Profile
Paysign, Inc. provides prepaid card programs, payment processing and related financial technology services. Its platform supports organizations that need to distribute funds and manage payments, including businesses in the healthcare sector. The company serves plasma collection centers with donor compensation and payment solutions, and works with pharmaceutical companies on patient assistance and affordability programs. Its services also support payments for clinical trials and other disbursement needs.
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