Paysafe Limited (NYSE:PSFE) Given Average Rating of “Reduce” by Analysts

Shares of Paysafe Limited (NYSE:PSFE) have received a consensus rating of “Reduce” from the seven analysts that are covering the company, MarketBeat.com reports. Three investment analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and one has issued a buy recommendation on the company. The average 12 month target price among brokerages that have covered the stock in the last year is $10.26.

A number of brokerages have recently weighed in on PSFE. Susquehanna lowered their target price on Paysafe from $15.00 to $9.00 and set a “neutral” rating for the company in a research note on Friday, November 14th. Weiss Ratings reissued a “sell (d-)” rating on shares of Paysafe in a report on Wednesday, October 8th. BTIG Research reaffirmed a “buy” rating and issued a $11.00 target price (down from $22.00) on shares of Paysafe in a research note on Friday, November 14th. Zacks Research cut shares of Paysafe from a “hold” rating to a “strong sell” rating in a research note on Monday, December 8th. Finally, Royal Bank Of Canada restated a “sector perform” rating and issued a $10.00 price objective (down previously from $17.00) on shares of Paysafe in a research report on Friday, November 14th.

Hedge Funds Weigh In On Paysafe

Several hedge funds have recently added to or reduced their stakes in PSFE. Spire Wealth Management raised its holdings in Paysafe by 33.4% during the 2nd quarter. Spire Wealth Management now owns 3,795 shares of the company’s stock worth $48,000 after purchasing an additional 950 shares during the last quarter. Campbell & CO Investment Adviser LLC raised its stake in shares of Paysafe by 9.4% during the third quarter. Campbell & CO Investment Adviser LLC now owns 19,834 shares of the company’s stock worth $256,000 after buying an additional 1,701 shares during the last quarter. Bfsg LLC raised its stake in shares of Paysafe by 19.4% during the second quarter. Bfsg LLC now owns 11,585 shares of the company’s stock worth $146,000 after buying an additional 1,885 shares during the last quarter. Strs Ohio lifted its holdings in Paysafe by 8.7% in the third quarter. Strs Ohio now owns 27,500 shares of the company’s stock valued at $355,000 after buying an additional 2,200 shares during the period. Finally, Harvest Portfolios Group Inc. boosted its stake in Paysafe by 22.2% in the second quarter. Harvest Portfolios Group Inc. now owns 13,335 shares of the company’s stock valued at $168,000 after acquiring an additional 2,425 shares during the last quarter. Institutional investors own 54.39% of the company’s stock.

Paysafe Trading Down 7.1%

PSFE stock opened at $7.18 on Friday. The business has a fifty day moving average price of $7.98 and a 200 day moving average price of $11.21. The company has a debt-to-equity ratio of 3.50, a current ratio of 1.18 and a quick ratio of 1.18. Paysafe has a fifty-two week low of $6.43 and a fifty-two week high of $24.11. The stock has a market capitalization of $429.71 million, a price-to-earnings ratio of -3.32, a P/E/G ratio of 0.37 and a beta of 1.73.

About Paysafe

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.