Nayax Ltd. (NASDAQ:NYAX – Get Free Report) CEO Carly Lisanne Furman sold 1,753 shares of the stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $73.31, for a total transaction of $128,512.43. Following the completion of the sale, the chief executive officer directly owned 21,821 shares in the company, valued at approximately $1,599,697.51. The trade was a 7.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Nayax Price Performance
Shares of Nayax stock traded down $5.15 on Tuesday, reaching $68.48. The stock had a trading volume of 26,561 shares, compared to its average volume of 36,825. Nayax Ltd. has a 1 year low of $39.17 and a 1 year high of $76.86. The company has a market cap of $2.51 billion, a P/E ratio of 93.20 and a beta of 0.41. The company has a current ratio of 0.99, a quick ratio of 0.88 and a debt-to-equity ratio of 0.53. The business’s 50 day moving average is $64.49 and its two-hundred day moving average is $56.50.
Nayax (NASDAQ:NYAX – Get Free Report) last announced its quarterly earnings results on Tuesday, May 12th. The company reported $0.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.05). The firm had revenue of $106.86 million during the quarter, compared to analysts’ expectations of $105.64 million. Nayax had a return on equity of 14.09% and a net margin of 6.95%. As a group, research analysts anticipate that Nayax Ltd. will post 0.73 EPS for the current year.
Institutional Investors Weigh In On Nayax
Wall Street Analysts Forecast Growth
A number of equities research analysts recently weighed in on NYAX shares. Oppenheimer raised shares of Nayax from a “market perform” rating to an “outperform” rating and set a $86.00 target price on the stock in a research note on Wednesday, May 27th. UBS Group raised their target price on shares of Nayax from $55.00 to $68.00 and gave the company a “neutral” rating in a research note on Wednesday, May 13th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $79.80 target price on shares of Nayax in a research note on Thursday, May 14th. Wall Street Zen downgraded shares of Nayax from a “hold” rating to a “sell” rating in a research note on Saturday, May 16th. Finally, Zacks Research downgraded shares of Nayax from a “hold” rating to a “strong sell” rating in a research note on Wednesday, May 13th. Three equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, Nayax currently has a consensus rating of “Hold” and a consensus price target of $77.20.
View Our Latest Stock Report on NYAX
Nayax Company Profile
Nayax Ltd. is a global fintech company specializing in cashless payment solutions, telematics and management services for unattended retail environments. Founded in 2005 and headquartered in Israel, Nayax develops hardware and software platforms that enable vending machines, kiosks, laundromats, e-commerce and self-checkout points to accept a wide range of payment methods, including credit and debit cards, mobile wallets and contactless NFC transactions.
The company’s product portfolio comprises proprietary point-of-sale terminals—such as the VPOS and Carbon series—as well as a cloud-based management suite known as the Monyx platform.
Read More
- Five stocks we like better than Nayax
- The Speed of Light: 5 Stocks Powering AI’s Optical Future
- Dollar General Signals Reversal With 60% Rebound Potential
- Kohl’s Stock Soars After Better-Than-Feared Quarter
- Credo Technologies Paved a Path to a $300 Price Point
Receive News & Ratings for Nayax Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nayax and related companies with MarketBeat.com's FREE daily email newsletter.
