Paysafe (PSFE) Scheduled to Post Earnings on Wednesday

Paysafe (NYSE:PSFE) will be posting its quarterly earnings results before the market opens on Wednesday, November 13th. Analysts expect Paysafe to post earnings of $0.58 per share for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

Paysafe (NYSE:PSFE) last announced its earnings results on Tuesday, August 13th. The company reported $0.43 earnings per share for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.07). The company had revenue of $439.92 million for the quarter, compared to analysts’ expectations of $428.40 million. Paysafe had a negative net margin of 0.78% and a positive return on equity of 14.42%. On average, analysts expect Paysafe to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Paysafe Stock Performance

PSFE opened at $25.72 on Tuesday. The stock has a market capitalization of $1.56 billion, a price-to-earnings ratio of -122.47, a PEG ratio of 0.61 and a beta of 1.91. The company has a fifty day moving average of $22.16 and a 200 day moving average of $19.91. The company has a debt-to-equity ratio of 2.83, a quick ratio of 1.15 and a current ratio of 1.15. Paysafe has a fifty-two week low of $10.05 and a fifty-two week high of $26.15.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on PSFE. Bank of America boosted their price objective on shares of Paysafe from $16.20 to $19.00 and gave the company an “underperform” rating in a report on Tuesday, August 27th. Royal Bank of Canada lifted their target price on shares of Paysafe from $20.00 to $25.00 and gave the stock a “sector perform” rating in a research note on Wednesday, August 14th. Susquehanna reissued a “neutral” rating and issued a $23.00 price objective on shares of Paysafe in a report on Tuesday, October 15th. Finally, UBS Group upped their price objective on shares of Paysafe from $16.50 to $17.00 and gave the stock a “sell” rating in a report on Wednesday, August 14th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $19.00.

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.