Cantor Fitzgerald Predicts Payoneer Global FY2025 Earnings

Payoneer Global Inc. (NASDAQ:PAYOFree Report) – Analysts at Cantor Fitzgerald issued their FY2025 EPS estimates for Payoneer Global in a research report issued to clients and investors on Tuesday, January 21st. Cantor Fitzgerald analyst Y. Lee anticipates that the company will post earnings of $0.35 per share for the year. The consensus estimate for Payoneer Global’s current full-year earnings is $0.35 per share.

Payoneer Global (NASDAQ:PAYOGet Free Report) last announced its quarterly earnings results on Tuesday, November 5th. The company reported $0.11 EPS for the quarter, beating analysts’ consensus estimates of $0.04 by $0.07. The business had revenue of $248.30 million for the quarter, compared to analyst estimates of $225.44 million. Payoneer Global had a net margin of 13.82% and a return on equity of 17.78%. Payoneer Global’s quarterly revenue was up 19.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.05 EPS.

Other analysts also recently issued reports about the company. The Goldman Sachs Group boosted their price target on Payoneer Global from $9.00 to $12.00 and gave the company a “buy” rating in a research note on Wednesday, November 6th. Wolfe Research cut shares of Payoneer Global from an “outperform” rating to a “peer perform” rating in a research report on Wednesday, January 8th. Needham & Company LLC upped their price target on shares of Payoneer Global from $10.00 to $14.00 and gave the company a “buy” rating in a research note on Wednesday, November 6th. Keefe, Bruyette & Woods dropped their price objective on shares of Payoneer Global from $12.00 to $11.00 and set a “market perform” rating for the company in a research note on Monday, January 6th. Finally, Benchmark boosted their price objective on shares of Payoneer Global from $10.00 to $12.00 and gave the company a “buy” rating in a report on Wednesday, November 6th. Two equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $11.86.

Get Our Latest Stock Analysis on PAYO

Payoneer Global Trading Down 0.9 %

Payoneer Global stock opened at $10.19 on Wednesday. The company has a market capitalization of $3.63 billion, a price-to-earnings ratio of 29.12 and a beta of 0.92. Payoneer Global has a 12 month low of $4.22 and a 12 month high of $11.29. The stock’s 50 day moving average is $10.41 and its 200-day moving average is $8.39.

Institutional Trading of Payoneer Global

Several institutional investors and hedge funds have recently modified their holdings of PAYO. Robeco Institutional Asset Management B.V. acquired a new position in Payoneer Global during the fourth quarter worth about $1,233,000. KBC Group NV increased its position in Payoneer Global by 86.6% during the 4th quarter. KBC Group NV now owns 14,619 shares of the company’s stock worth $147,000 after purchasing an additional 6,784 shares in the last quarter. Fifth Third Bancorp lifted its stake in Payoneer Global by 29.3% in the 4th quarter. Fifth Third Bancorp now owns 4,488 shares of the company’s stock valued at $45,000 after purchasing an additional 1,016 shares during the last quarter. Nordea Investment Management AB lifted its stake in Payoneer Global by 4.9% in the 4th quarter. Nordea Investment Management AB now owns 881,026 shares of the company’s stock valued at $8,951,000 after purchasing an additional 41,106 shares during the last quarter. Finally, GAMMA Investing LLC boosted its position in Payoneer Global by 41.7% in the fourth quarter. GAMMA Investing LLC now owns 8,241 shares of the company’s stock valued at $83,000 after buying an additional 2,425 shares in the last quarter. 82.22% of the stock is currently owned by institutional investors.

Insider Activity at Payoneer Global

In other Payoneer Global news, CAO Itai Perry sold 52,829 shares of the firm’s stock in a transaction on Monday, November 18th. The stock was sold at an average price of $10.64, for a total value of $562,100.56. Following the sale, the chief accounting officer now owns 201,882 shares of the company’s stock, valued at approximately $2,148,024.48. This trade represents a 20.74 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Beatrice Ordonez sold 85,000 shares of Payoneer Global stock in a transaction on Tuesday, January 21st. The shares were sold at an average price of $10.40, for a total value of $884,000.00. Following the completion of the transaction, the chief financial officer now owns 2,305,245 shares in the company, valued at approximately $23,974,548. The trade was a 3.56 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 7,999,625 shares of company stock valued at $82,498,514 over the last quarter. 5.57% of the stock is owned by corporate insiders.

Payoneer Global Company Profile

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Payoneer Global Inc operates as a financial technology company. It operates a payment infrastructure platform that provides customers with a one-stop, global, multi-currency account to serve their accounts receivable and accounts payable needs. The company delivers a suite of services that includes cross-border payments, physical and virtual MasterCard cards, working capital, risk management, and other services.

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