Nayax Ltd. (NASDAQ:NYAX – Get Free Report) insider Oren Tepper sold 1,052 shares of the firm’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $73.31, for a total transaction of $77,122.12. Following the sale, the insider owned 19,392 shares of the company’s stock, valued at approximately $1,421,627.52. The trade was a 5.15% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Nayax Trading Down 0.8%
NASDAQ:NYAX opened at $68.26 on Thursday. Nayax Ltd. has a 12 month low of $39.17 and a 12 month high of $76.86. 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 firm’s 50 day moving average is $64.85 and its 200 day moving average is $56.88. The stock has a market capitalization of $2.50 billion, a PE ratio of 86.41 and a beta of 0.41.
Nayax (NASDAQ:NYAX – Get Free Report) last announced its quarterly earnings data on Tuesday, May 12th. The company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.08 by ($0.05). Nayax had a net margin of 6.95% and a return on equity of 14.09%. The firm had revenue of $106.86 million for the quarter, compared to the consensus estimate of $105.64 million. Sell-side analysts expect that Nayax Ltd. will post 0.73 earnings per share for the current year.
Institutional Trading of Nayax
Analysts Set New Price Targets
NYAX has been the subject of several recent research reports. Zacks Research lowered Nayax from a “hold” rating to a “strong sell” rating in a report on Wednesday, May 13th. UBS Group upped their price objective on shares of Nayax from $55.00 to $68.00 and gave the company a “neutral” rating in a report on Wednesday, May 13th. Keefe, Bruyette & Woods increased their target price on shares of Nayax from $60.00 to $75.00 and gave the stock a “market perform” rating in a research report on Wednesday, May 13th. William Blair reissued an “outperform” rating on shares of Nayax in a research report on Monday, March 9th. Finally, Oppenheimer upgraded shares of Nayax from a “market perform” rating to an “outperform” rating and set a $86.00 price target on the stock in a research note on Wednesday, May 27th. Three equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Nayax currently has a consensus rating of “Hold” and a consensus price target of $77.20.
Read Our Latest Research Report on Nayax
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.
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