Paysign (NASDAQ:PAYS) Releases Quarterly Earnings Results, Hits Estimates

Paysign (NASDAQ:PAYS) announced its quarterly earnings data on Tuesday. The company reported $0.02 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.02, Zacks reports. Paysign had a net margin of 14.28% and a return on equity of 30.64%. The business had revenue of $15.61 million during the quarter, compared to the consensus estimate of $15.42 million. Paysign updated its Q1 2025 guidance to EPS and its FY 2025 guidance to 0.000-0.000 EPS.

Paysign Price Performance

Shares of PAYS opened at $2.27 on Thursday. The firm’s 50 day moving average is $2.65 and its 200-day moving average is $3.24. Paysign has a 12-month low of $2.25 and a 12-month high of $5.59. The stock has a market capitalization of $121.55 million, a P/E ratio of 15.13 and a beta of 0.93.

Insider Activity at Paysign

In other Paysign news, CEO Mark Newcomer sold 100,000 shares of the firm’s stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $2.73, for a total transaction of $273,000.00. Following the completion of the sale, the chief executive officer now directly owns 8,936,886 shares in the company, valued at approximately $24,397,698.78. This trade represents a 1.11 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, major shareholder Topline Capital Partners, Lp sold 20,834 shares of the firm’s stock in a transaction that occurred on Tuesday, December 31st. The stock was sold at an average price of $3.03, for a total transaction of $63,127.02. Following the sale, the insider now owns 5,611,128 shares of the company’s stock, valued at approximately $17,001,717.84. This represents a 0.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 927,087 shares of company stock valued at $2,872,039 over the last ninety days. Insiders own 23.40% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on PAYS shares. DA Davidson reaffirmed a “buy” rating and set a $6.00 target price on shares of Paysign in a report on Wednesday. Barrington Research reiterated an “outperform” rating and issued a $7.00 target price on shares of Paysign in a research note on Wednesday. Finally, Lake Street Capital assumed coverage on shares of Paysign in a research report on Friday, December 20th. They set a “buy” rating and a $6.00 price target for the company.

Paysign Company Profile

Paysign, Inc provides prepaid card programs, comprehensive patient affordability offerings, digital banking services, and integrated payment processing services for businesses, consumers, and government institutions. Its product offerings include solutions for corporate rewards, prepaid gift cards, general purpose reloadable debit cards, employee incentives, consumer rebates, donor compensation, clinical trials, healthcare reimbursement payments and pharmaceutical payment assistance, and demand deposit accounts accessible with a debit card.