Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
In the latest session, Paymentus Holdings Inc (NYSE: PAY) closed at $19.21 down -13.47% from its previous closing price of $22.20. In other words, the price has decreased by -$13.47 from its previous closing price. On the day, 1.49 million shares were traded. PAY stock price reached its highest trading level at $21.22 during the session, while it also had its lowest trading level at $17.93.
Ratios:
For a deeper understanding of Paymentus Holdings Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.96 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 32.09. For the most recent quarter (mrq), Quick Ratio is recorded 4.26 and its Current Ratio is at 4.47. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.02.
On January 17, 2024, Wells Fargo started tracking the stock assigning a Equal Weight rating and target price of $17.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 08 ’24 when Kalra Sanjay sold 33,547 shares for $18.85 per share. The transaction valued at 632,411 led to the insider holds 409,205 shares of the business.
Kalra Sanjay sold 32,308 shares of PAY for $594,881 on Mar 07 ’24. The SVP and CFO now owns 442,752 shares after completing the transaction at $18.41 per share. On Feb 20 ’24, another insider, Gerber Andrew A., who serves as the General Counsel and Secretary of the company, sold 1,273 shares for $15.54 each. As a result, the insider received 19,782 and left with 112,453 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PAY now has a Market Capitalization of 2380560640 and an Enterprise Value of 2214341888. As of this moment, Paymentus’s Price-to-Earnings (P/E) ratio for their current fiscal year is 83.85, and their Forward P/E ratio for the next fiscal year is 40.04. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.53. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.67 while its Price-to-Book (P/B) ratio in mrq is 5.43. Its current Enterprise Value per Revenue stands at 3.401 whereas that against EBITDA is 58.245.
Stock Price History:
Over the past 52 weeks, PAY has reached a high of $25.21, while it has fallen to a 52-week low of $7.94. The 50-Day Moving Average of the stock is -6.67%, while the 200-Day Moving Average is calculated to be 14.18%.
Shares Statistics:
For the past three months, PAY has traded an average of 364.19K shares per day and 276830 over the past ten days. A total of 20.76M shares are outstanding, with a floating share count of 17.13M. Insiders hold about 86.21% of the company’s shares, while institutions hold 11.30% stake in the company. Shares short for PAY as of 1713139200 were 987854 with a Short Ratio of 2.71, compared to 1710460800 on 1200602. Therefore, it implies a Short% of Shares Outstanding of 987854 and a Short% of Float of 7.7199996.
