Paymentus Holdings, Inc. (NYSE:PAY) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

by · The Cerbat Gem

Shares of Paymentus Holdings, Inc. (NYSE:PAY – Get Free Report) have earned an average rating of “Moderate Buy” from the eight ratings firms that are presently covering the firm, MarketBeat.com reports. Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $37.00.

PAY has been the subject of a number of analyst reports. Wall Street Zen raised Paymentus from a “hold” rating to a “buy” rating in a research note on Saturday, July 5th. Raymond James Financial set a $38.00 price objective on Paymentus and gave the company an “outperform” rating in a research note on Tuesday, August 5th. Robert W. Baird increased their price objective on Paymentus from $36.00 to $40.00 and gave the company an “outperform” rating in a research note on Wednesday, June 4th. Finally, Wolfe Research raised Paymentus from a “peer perform” rating to an “outperform” rating in a research note on Tuesday, July 22nd.

Read Our Latest Stock Report on PAY

Paymentus Price Performance

Shares of PAY opened at $32.81 on Monday. The firm has a market cap of $4.11 billion, a P/E ratio of 76.31 and a beta of 1.57. The stock has a 50 day simple moving average of $33.37 and a two-hundred day simple moving average of $32.34. Paymentus has a 1 year low of $19.53 and a 1 year high of $40.43.

Paymentus (NYSE:PAY – Get Free Report) last issued its earnings results on Monday, August 4th. The business services provider reported $0.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.01. The business had revenue of $280.08 million during the quarter, compared to analyst estimates of $262.78 million. Paymentus had a return on equity of 12.63% and a net margin of 5.37%.Paymentus’s revenue for the quarter was up 41.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.12 earnings per share. Paymentus has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, equities analysts anticipate that Paymentus will post 0.39 earnings per share for the current year.

Institutional Trading of Paymentus

A number of institutional investors have recently made changes to their positions in PAY. Park Square Financial Group LLC bought a new position in shares of Paymentus during the fourth quarter valued at approximately $32,000. AlphaQuest LLC raised its holdings in shares of Paymentus by 152,600.0% during the first quarter. AlphaQuest LLC now owns 1,527 shares of the business services provider’s stock valued at $40,000 after acquiring an additional 1,526 shares in the last quarter. Summit Securities Group LLC bought a new position in shares of Paymentus during the first quarter valued at approximately $47,000. Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of Paymentus by 2,763.9% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,062 shares of the business services provider’s stock valued at $54,000 after acquiring an additional 1,990 shares in the last quarter. Finally, Deutsche Bank AG bought a new position in shares of Paymentus during the fourth quarter valued at approximately $73,000. Hedge funds and other institutional investors own 78.38% of the company’s stock.

Paymentus Company Profile

(Get Free Report)

Paymentus Holdings, Inc provides cloud-based bill payment technology and solutions in the United States and internationally. The company offers electronic bill presentment and payment services, enterprise customer communication, and self-service revenue management to billers through a software-as-a-service technology platform.

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