Payoneer Global Inc. expected to post earnings of $0.05 per share in Q1 2025 (NASDAQ:PAYO)

VaselineOctober 1, 2024

0 4 minutes read

Payoneer Global Inc. (NASDAQ:PAYO – Free Report ) – Investment analysts at Northland Capmk reduced their Q1 2025 earnings per share (EPS) estimates for shares of Payoneer Global in a research report issued on Thursday, September 26th. Northland Capmk analyst M. Grondahl now anticipates that the company will post earnings of $0.05 per share for the quarter, down from their prior estimate of $0.06. The consensus estimate for Payoneer Global’s current year earnings is $0.25 per share. Northland Capmk also issued estimates for Payoneer Global Q2 2025 earnings at $0.05 EPS, Q3 2025 earnings at $0.06 EPS, Q4 2025 earnings at $0.07 EPS and FY2025 earnings at $0.23 EPS.

Payoneer Global (NASDAQ:PAYO – Get Your Free Report ) last released its quarterly earnings results on Wednesday, August 7th. The company reported $0.09 earnings per share for the quarter, topping the consensus estimate of $0.06 by $0.03. Payoneer Global had a return on equity of 15.28% and a net margin of 11.25%. The company had revenue of $239.50 million for the quarter, compared to analyst estimates of $223.12 million. In the same period last year, the company posted earnings of $0.12 per share. The company’s revenue increased by 15.9% year-on-year.

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PAYO has been the subject of several other reports. Keefe, Bruyette & Woods boosted their price target on Payoneer Global from $7.00 to $8.00 and gave the company an “outperform” rating in a report on Thursday, August 8th. Needham & Company LLC boosted their price target on Payoneer Global from $8.00 to $9.00 and gave the company a “buy” rating in a report on Thursday, August 8th. Citigroup boosted their price target on Payoneer Global from $7.00 to $8.50 and gave the company a “buy” rating in a report on Monday, August 12th. Northland Securities boosted their price target on Payoneer Global from $9.00 to $10.00 and gave the company an “outperform” rating in a report on Tuesday, September 10th. Finally, Goldman Sachs Group boosted their price target on Payoneer Global from $6.50 to $8.00 and gave the company a “buy” rating in a report on Thursday, August 8th. Six analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $8.50.

Read our latest research report on Payoneer Global

Payoneer global trading down 1.1%

Shares of Payoneer Global stock opened at $7.53 on Monday. The company has a fifty day simple moving average of $6.83 and a two hundred day simple moving average of $5.86. Payoneer Global has a 12 month low of $4.22 and a 12 month high of $7.73. The company has a market cap of $2.81 billion, a price-to-earnings ratio of 25.10 and a beta of 0.85.

Insiders place their bets

In other news, Director Scott H. Galit sold 140,912 shares of the business’s stock in a transaction dated Wednesday, July 3rd. The stock was sold at an average price of $5.48, for a total value of $772,197.76. Following the completion of the transaction, the director now owns 2,122,421 shares of the company’s stock, valued at $11,630,867.08. The transaction was disclosed in a filing with the SEC, which is accessible via this hyperlink. In other news, Director Scott H. Galit sold 150,000 shares of the business’s stock in a transaction dated Wednesday, August 28th. The stock was sold at an average price of $7.07, for a total value of $1,060,500.00. Following the completion of the transaction, the director now owns 1,809,674 shares of the company’s stock, valued at $12,794,395.18. The transaction was disclosed in a filing with the SEC, which is accessible via this hyperlink. Also, Director Scott H. Galit sold 140,912 shares of the business’s stock in a transaction dated Wednesday, July 3rd. The stock was sold at an average price of $5.48, for a total value of $772,197.76. Following the completion of the transaction, the director now directly owns 2,122,421 shares of the company’s stock, valued at approximately $11,630,867.08. The disclosure for this sale can be found here. Insiders sold a total of 1,537,917 shares of company stock worth $8,603,989 in the last quarter. 5.57% of shares are currently held by corporate insiders.

Hedge Funds Influence Payoneer Global

Several institutional investors have recently added to or reduced their stakes in PAYO. Quarry LP purchased a new position in shares of Payoneer Global in the second quarter valued at about $29,000. SageView Advisory Group LLC bought a new stake in shares of Payoneer Global in the first quarter worth about $39,000. Harel Insurance Investments & Financial Services Ltd. boosted its stake in Payoneer Global by 27.8% in the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 9,541 shares of the company’s stock worth $46,000 after acquiring an additional 2,074 shares in the last quarter. Blueshift Asset Management LLC bought a new stake in shares of Payoneer Global in the 4th quarter valued at about $56,000. Finally, Sage Rhino Capital LLC bought a new stake in shares of Payoneer Global in the second quarter worth approximately $56,000. Hedge funds and other institutional investors own 82.22% of the company’s shares.

About Payoneer Global

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Payoneer Global Inc operates as a financial technology company. It operates a payments infrastructure platform that provides customers with a single, global, multi-currency account to service their accounts receivable and payable needs. The company offers a suite of services including cross-border payments, physical and virtual MasterCards, working capital, risk management and other services.