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.
PaySign Inc (NASDAQ: PAYS) closed the day trading at $4.35 up 1.87% from the previous closing price of $4.27. In other words, the price has increased by $1.87 from its previous closing price. On the day, 0.53 million shares were traded. PAYS stock price reached its highest trading level at $4.378 during the session, while it also had its lowest trading level at $4.2215.
Ratios:
For a better understanding of PAYS, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.11 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.20. For the most recent quarter (mrq), Quick Ratio is recorded 1.08 and its Current Ratio is at 1.08. In the meantime, Its Debt-to-Equity ratio is 0.14 whereas as Long-Term Debt/Eq ratio is at 0.12.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Barrington Research on March 30, 2022, initiated with a Mkt Perform rating and assigned the stock a target price of $4.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 18 ’24 when Topline Capital Management, LL bought 7,242 shares for $3.07 per share. The transaction valued at 22,233 led to the insider holds 6,160,742 shares of the business.
Topline Capital Partners, LP bought 7,242 shares of PAYS for $22,233 on Mar 18 ’24. The 10% Owner now owns 6,160,742 shares after completing the transaction at $3.07 per share. On Mar 15 ’24, another insider, Topline Capital Partners, LP, who serves as the 10% Owner of the company, bought 54,183 shares for $2.97 each. As a result, the insider paid 160,924 and bolstered with 6,153,500 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, PAYS now has a Market Capitalization of 230412528 and an Enterprise Value of 216729504. As of this moment, PaySign’s Price-to-Earnings (P/E) ratio for their current fiscal year is 36.22, and their Forward P/E ratio for the next fiscal year is 62.14. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.87 while its Price-to-Book (P/B) ratio in mrq is 9.37. Its current Enterprise Value per Revenue stands at 4.585 whereas that against EBITDA is 60.761.
Stock Price History:
The Beta on a monthly basis for PAYS is 0.98, which has changed by 0.21169913 over the last 52 weeks, in comparison to a change of 0.2006725 over the same period for the S&P500. Over the past 52 weeks, PAYS has reached a high of $4.70, while it has fallen to a 52-week low of $1.67. The 50-Day Moving Average of the stock is 25.44%, while the 200-Day Moving Average is calculated to be 71.22%.
Shares Statistics:
Over the past 3-months, PAYS traded about 454.98K shares per day on average, while over the past 10 days, PAYS traded about 325650 shares per day. A total of 52.75M shares are outstanding, with a floating share count of 32.53M. Insiders hold about 38.59% of the company’s shares, while institutions hold 26.94% stake in the company. Shares short for PAYS as of 1711584000 were 934971 with a Short Ratio of 2.05, compared to 1709164800 on 887172. Therefore, it implies a Short% of Shares Outstanding of 934971 and a Short% of Float of 3.4799999999999995.
Earnings Estimates
At present, 3 analysts are actively evaluating the performance of PaySign Inc (PAYS) in the stock market.On average, analysts expect EPS of $0 for the current quarter, with a high estimate of $0 and a low estimate of $0, while EPS last year was $0. The consensus estimate for the next quarter is $0.01, with high estimates of $0.01 and low estimates of $0.
Analysts are recommending an EPS of between $0.05 and $0.04 for the fiscal current year, implying an average EPS of $0.05. EPS for the following year is $0.07, with 2 analysts recommending between $0.09 and $0.05.
Revenue Estimates
3 analysts predict $12.39M in revenue for the current quarter. It ranges from a high estimate of $12.73M to a low estimate of $12.15M. As of the current estimate, PaySign Inc’s year-ago sales were $10.25M, an estimated increase of 20.90% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $13.2M, an increase of 19.60% less than the figure of $20.90% in the same quarter last year. There is a high estimate of $13.49M for the next quarter, whereas the lowest estimate is $13.02M.
A total of 4 analysts have provided revenue estimates for PAYS’s current fiscal year. The highest revenue estimate was $55.9M, while the lowest revenue estimate was $55.43M, resulting in an average revenue estimate of $55.72M. In the same quarter a year ago, actual revenue was $47.27M, up 17.90% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $63.34M in the next fiscal year. The high estimate is $64.5M and the low estimate is $61.01M. The average revenue growth estimate for next year is up 13.70% from the average revenue estimate for this year.
