A share price of Paymentus Holdings Inc [PAY] is currently trading at $33.76, down -5.46%. An important factor to consider is whether the stock is rising or falling in short-term value. The PAY shares have gain 0.39% over the last week, with a monthly amount drifted -4.15%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Paymentus Holdings Inc [NYSE: PAY] stock has seen the most recent analyst activity on July 10, 2024, when Robert W. Baird upgraded its rating to a Outperform but kept the price target unchanged to $23 for it. Previously, Raymond James downgraded its rating to Mkt Perform on March 14, 2024. On January 17, 2024, Wells Fargo initiated with a Equal Weight rating and assigned a price target of $17 on the stock. Citigroup downgraded its rating to a Neutral and raised its price target to $17 on October 05, 2023. Robert W. Baird downgraded its rating to Neutral for this stock on September 18, 2023, and upped its price target to $18. In a note dated August 08, 2023, Goldman upgraded an Neutral rating on this stock and boosted its target price from $9 to $12.
Paymentus Holdings Inc experienced fluctuations in its stock price throughout the past year between $14.77 and $38.94. Currently, Wall Street analysts expect the stock to reach $36 within the next 12 months. Paymentus Holdings Inc [NYSE: PAY] shares were valued at $33.76 at the most recent close of the market. An investor can expect a potential return of 6.64% based on the average PAY price forecast.
Analyzing the PAY fundamentals
Trailing Twelve Months sales for Paymentus Holdings Inc [NYSE:PAY] were 778.67M which represents 51.93% growth. Gross Profit Margin for this corporation currently stands at 0.28% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.09 and Total Capital is 0.08.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 32.79 points at the first support level, and at 31.83 for the second support level. However, for the 1st resistance point, the stock is sitting at 35.28, and for the 2nd resistance point, it is at 36.81.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Paymentus Holdings Inc [NYSE:PAY] is 4.27. On the other hand, the Quick Ratio is 4.27, and the Cash Ratio is 2.53. Considering the valuation of this stock, the price to sales ratio is 5.40, the price to book ratio is 8.97 and price to earnings (TTM) ratio is 106.20.
Transactions by insiders
Recent insider trading involved Gerber Andrew A., General Counsel and Secretary, that happened on Dec 04 ’24 when 34272.0 shares were sold. Officer, ANDREW A GERBER completed a deal on Dec 04 ’24 to buy 34272.0 shares. Meanwhile, SVP and CFO Kalra Sanjay sold 15654.0 shares on Nov 18 ’24.
