Nayax (NASDAQ:NYAX) Issues Quarterly Earnings Results, Beats Expectations By $0.01 EPS

Nayax (NASDAQ:NYAX) posted its earnings results on Tuesday. The company reported $0.05 earnings per share for the quarter, topping the consensus estimate of $0.04 by $0.01, Zacks reports. Nayax had a negative return on equity of 7.32% and a negative net margin of 3.62%. Nayax updated its FY 2025 guidance to EPS.

Nayax Stock Up 0.5 %

Shares of NYAX stock opened at $37.15 on Tuesday. Nayax has a 12 month low of $20.31 and a 12 month high of $40.70. The firm has a market cap of $1.32 billion, a PE ratio of -119.83 and a beta of 0.02. The stock has a 50 day moving average of $35.51 and a 200-day moving average of $29.65. The company has a quick ratio of 1.16, a current ratio of 1.25 and a debt-to-equity ratio of 0.11.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on NYAX shares. Keefe, Bruyette & Woods boosted their target price on Nayax from $28.00 to $30.00 and gave the stock a “market perform” rating in a report on Monday, December 9th. B. Riley started coverage on Nayax in a report on Tuesday, November 19th. They issued a “buy” rating and a $38.00 target price for the company. Four research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $31.25.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Nayax stock. Bank of America Corp DE raised its holdings in shares of Nayax Ltd. (NASDAQ:NYAX) by 920.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,500 shares of the company’s stock after buying an additional 1,353 shares during the quarter. Bank of America Corp DE’s holdings in Nayax were worth $44,000 as of its most recent SEC filing. 34.87% of the stock is currently owned by institutional investors and hedge funds.

Nayax Company Profile

Nayax Ltd., a fintech company, operates system and payment platform for multiple retailers in the United States, Europe, the United Kingdom, Australia, Israel, and rest of the world. The company offers AMIT 3.0, a machine-to-machine vending telemetry solution; Nayax Core, a management and monitoring software for vending machines and other unattended machines; MoMa, a mobile app for unattended machine; Tigapo back-office software suite, a cloud-based platform; EV Core, a smart, cloud-based management platform; Retail Management Cloud, a comprehensive attended retail management platform; Loyalty and Marketing Suite, a consumer engagement marketing and loyalty platform; Monyx Wallet, a digital wallet app enabling cashless payments with mobile phones; Weezmo, a consumer engagement and marketing platform; and Tigapo app, a proprietary mobile app to help family entertainment center businesses.