Paysign (NASDAQ:PAYS) Posts Earnings Results, Hits Estimates

Paysign (NASDAQ:PAYS) released its earnings results on Tuesday. The company reported $0.02 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.02, Zacks reports. Paysign had a return on equity of 30.64% and a net margin of 14.28%. Paysign updated its Q1 2025 guidance to EPS and its FY 2025 guidance to 0.000-0.000 EPS.

Paysign Stock Performance

PAYS stock opened at $2.48 on Wednesday. The firm has a fifty day moving average price of $2.67 and a 200 day moving average price of $3.25. Paysign has a fifty-two week low of $2.25 and a fifty-two week high of $5.59. The firm has a market cap of $132.80 million, a PE ratio of 16.53 and a beta of 0.93.

Analysts Set New Price Targets

Separately, Lake Street Capital started coverage on shares of Paysign in a report on Friday, December 20th. They issued a “buy” rating and a $6.00 target price on the stock.

Insider Activity at Paysign

In other news, CEO Mark Newcomer sold 100,000 shares of the stock in a transaction on Monday, February 24th. The shares were sold at an average price of $2.73, for a total value of $273,000.00. Following the sale, the chief executive officer now owns 8,936,886 shares of the company’s stock, valued at approximately $24,397,698.78. This represents a 1.11 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, major shareholder Topline Capital Partners, Lp sold 20,834 shares of Paysign stock in a transaction dated Tuesday, December 31st. The stock was sold at an average price of $3.03, for a total transaction of $63,127.02. Following the transaction, the insider now directly owns 5,611,128 shares of the company’s stock, valued at approximately $17,001,717.84. This represents a 0.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 927,087 shares of company stock valued at $2,872,039 over the last 90 days. 23.40% of the stock is owned by corporate insiders.

Paysign Company Profile

Paysign, Inc provides prepaid card programs, comprehensive patient affordability offerings, digital banking services, and integrated payment processing services for businesses, consumers, and government institutions. Its product offerings include solutions for corporate rewards, prepaid gift cards, general purpose reloadable debit cards, employee incentives, consumer rebates, donor compensation, clinical trials, healthcare reimbursement payments and pharmaceutical payment assistance, and demand deposit accounts accessible with a debit card.