Paysign (PAYS) Set to Announce Earnings on Tuesday

Paysign (NASDAQ:PAYS) will announce its earnings results after the market closes on Tuesday, May 7th. Paysign has set its FY 2024 guidance at 0.040-0.060 EPS and its Q1 2024 guidance at EPS.Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Paysign (NASDAQ:PAYS) last announced its quarterly earnings results on Tuesday, March 26th. The company reported $0.10 earnings per share (EPS) for the quarter. The firm had revenue of $13.69 million for the quarter, compared to the consensus estimate of $11.57 million. Paysign had a net margin of 13.66% and a return on equity of 34.33%. On average, analysts expect Paysign to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Paysign Trading Up 2.6 %

Shares of NASDAQ:PAYS opened at $4.73 on Friday. The company has a 50 day moving average of $3.79 and a 200 day moving average of $2.98. The stock has a market cap of $250.54 million, a P/E ratio of 39.42 and a beta of 0.98. Paysign has a 12 month low of $1.67 and a 12 month high of $4.75.

Analyst Ratings Changes

A number of research analysts have recently commented on PAYS shares. DA Davidson boosted their price target on shares of Paysign from $4.50 to $5.50 and gave the company a “buy” rating in a research report on Tuesday, April 30th. Barrington Research restated an “outperform” rating and set a $5.50 target price on shares of Paysign in a research report on Wednesday, March 27th.

Insider Buying and Selling at Paysign

In related news, insider Topline Capital Management, Ll bought 25,736 shares of the business’s stock in a transaction that occurred on Friday, February 16th. The stock was bought at an average cost of $3.03 per share, for a total transaction of $77,980.08. Following the completion of the transaction, the insider now owns 5,710,392 shares of the company’s stock, valued at $17,302,487.76. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other news, major shareholder Topline Capital Partners, Lp bought 25,082 shares of the business’s stock in a transaction on Wednesday, February 21st. The stock was acquired at an average price of $3.08 per share, with a total value of $77,252.56. Following the completion of the purchase, the insider now directly owns 5,761,918 shares in the company, valued at $17,746,707.44. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Topline Capital Management, Ll purchased 25,736 shares of the firm’s stock in a transaction on Friday, February 16th. The shares were acquired at an average cost of $3.03 per share, for a total transaction of $77,980.08. Following the completion of the purchase, the insider now directly owns 5,710,392 shares of the company’s stock, valued at approximately $17,302,487.76. The disclosure for this purchase can be found here. Insiders purchased a total of 476,086 shares of company stock worth $1,416,208 over the last three months. 23.40% of the stock is owned by 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.