Zacks Research Downgrades Paysafe (NYSE:PSFE) to Strong Sell

Paysafe (NYSE:PSFE) was downgraded by equities research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a report released on Wednesday,Zacks.com reports.

Several other analysts have also recently commented on PSFE. Susquehanna restated a “neutral” rating and set a $10.00 price target (up from $9.00) on shares of Paysafe in a report on Thursday. UBS Group reiterated a “sell” rating and issued a $7.50 target price (up from $6.75) on shares of Paysafe in a research report on Thursday. Weiss Ratings reissued a “sell (d-)” rating on shares of Paysafe in a research note on Thursday, January 22nd. Royal Bank Of Canada restated a “sector perform” rating and set a $11.00 price target (up from $9.00) on shares of Paysafe in a report on Thursday. Finally, BTIG Research increased their price objective on Paysafe from $10.00 to $12.00 and gave the stock a “buy” rating in a report on Wednesday. One analyst has rated the stock with a Buy rating, three have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, Paysafe presently has an average rating of “Reduce” and an average price target of $10.96.

Paysafe Stock Performance

Shares of Paysafe stock opened at $8.18 on Wednesday. Paysafe has a 12 month low of $5.95 and a 12 month high of $15.02. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 3.98. The stock has a market cap of $422.55 million, a PE ratio of -2.32, a price-to-earnings-growth ratio of 0.31 and a beta of 1.82. The business has a fifty day simple moving average of $7.84 and a 200-day simple moving average of $7.86.

Paysafe (NYSE:PSFE) last announced its quarterly earnings data on Wednesday, May 13th. The company reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.01. Paysafe had a positive return on equity of 10.90% and a negative net margin of 11.44%.The firm had revenue of $442.72 million during the quarter, compared to the consensus estimate of $424.41 million. Paysafe has set its FY 2026 guidance at 2.120-2.320 EPS. On average, sell-side analysts anticipate that Paysafe will post 1.6 EPS for the current fiscal year.

Insider Activity at Paysafe

In other news, insider Richard Swales sold 18,849 shares of the stock in a transaction on Thursday, March 19th. The shares were sold at an average price of $6.87, for a total transaction of $129,492.63. Following the transaction, the insider owned 24,291 shares in the company, valued at $166,879.17. This represents a 43.69% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Institutional Investors Weigh In On Paysafe

A number of large investors have recently bought and sold shares of the business. Geode Capital Management LLC raised its holdings in Paysafe by 1.8% during the second quarter. Geode Capital Management LLC now owns 399,449 shares of the company’s stock valued at $5,041,000 after buying an additional 7,155 shares in the last quarter. Quantbot Technologies LP bought a new stake in shares of Paysafe during the 2nd quarter worth about $106,000. Arrowstreet Capital Limited Partnership increased its holdings in shares of Paysafe by 10.4% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 393,291 shares of the company’s stock valued at $4,963,000 after acquiring an additional 36,994 shares during the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main increased its holdings in shares of Paysafe by 24.2% during the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 44,872 shares of the company’s stock valued at $566,000 after acquiring an additional 8,729 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its stake in shares of Paysafe by 18.8% in the 2nd quarter. Ameriprise Financial Inc. now owns 182,237 shares of the company’s stock valued at $2,300,000 after acquiring an additional 28,812 shares in the last quarter. 54.39% of the stock is currently owned by institutional investors.

Paysafe Company Profile

Paysafe is a global payments provider that delivers a comprehensive suite of online and offline payment solutions. The company operates a diverse portfolio of products, including digital wallets under the Skrill and Neteller brands, prepaid voucher services through paysafecard, and integrated payment processing solutions for merchants. Paysafe’s platform is designed to serve a wide range of industries, from e-commerce and digital goods to gaming, financial services, and regulated verticals, offering tailored risk and compliance management alongside its core transaction capabilities.

Founded through a series of mergers and strategic acquisitions, Paysafe traces its origins to the launch of paysafecard in 2000 and the establishment of Optimal Payments in 1996.