Paymentus Holdings Inc (NYSE: PAY) has a higher price-to-earnings ratio of 108.01x compared to its average ratio, The 36-month beta value for PAY is at 1.67. Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 5 as “hold,” and 0 as “sell.”
The public float for PAY is 19.92M, and currently, shorts hold a 2.05% of that float. The average trading volume for PAY on January 03, 2025 was 416.75K shares.
PAY) stock’s latest price update
Paymentus Holdings Inc (NYSE: PAY)’s stock price has plunge by 5.20relation to previous closing price of 32.64. Nevertheless, the company has seen a 2.89% surge in its stock price over the last five trading sessions. globenewswire.com reported 2024-12-13 that NEW YORK, Dec. 13, 2024 (GLOBE NEWSWIRE) — Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE: SF), announces the upcoming index rebalancing for the fourth quarter of 2024.
PAY’s Market Performance
Paymentus Holdings Inc (PAY) has seen a 2.89% rise in stock performance for the week, with a -9.71% decline in the past month and a 73.24% surge in the past quarter. The volatility ratio for the week is 3.46%, and the volatility levels for the past 30 days are at 4.86% for PAY. The simple moving average for the past 20 days is 1.09% for PAY’s stock, with a 45.88% simple moving average for the past 200 days.
Analysts’ Opinion of PAY
Many brokerage firms have already submitted their reports for PAY stocks, with Robert W. Baird repeating the rating for PAY by listing it as a “Outperform.” The predicted price for PAY in the upcoming period, according to Robert W. Baird is $23 based on the research report published on July 10, 2024 of the previous year 2024.
Wells Fargo gave a rating of “Equal Weight” to PAY, setting the target price at $17 in the report published on January 17th of the previous year.
PAY Trading at 6.92% from the 50-Day Moving Average
After a stumble in the market that brought PAY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -11.82% of loss for the given period.
Volatility was left at 4.86%, however, over the last 30 days, the volatility rate increased by 3.46%, as shares sank -9.31% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +35.72% upper at present.
During the last 5 trading sessions, PAY rose by +1.39%, which changed the moving average for the period of 200-days by +51.12% in comparison to the 20-day moving average, which settled at $33.94. In addition, Paymentus Holdings Inc saw 5.10% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at PAY starting from Gerber Andrew A., who sale 34,272 shares at the price of $37.36 back on Dec 04 ’24. After this action, Gerber Andrew A. now owns 97,925 shares of Paymentus Holdings Inc, valued at $1,280,272 using the latest closing price.
ANDREW A GERBER, the Officer of Paymentus Holdings Inc, proposed sale 34,272 shares at $38.03 during a trade that took place back on Dec 04 ’24, which means that ANDREW A GERBER is holding shares at $1,303,364 based on the most recent closing price.
Stock Fundamentals for PAY
Current profitability levels for the company are sitting at:
- 0.05 for the present operating margin
- 0.28 for the gross margin
The net margin for Paymentus Holdings Inc stands at 0.05. The total capital return value is set at 0.08. Equity return is now at value 9.12, with 7.76 for asset returns.
Currently, EBITDA for the company is 48.69 million with net debt to EBITDA at -2.72. When we switch over and look at the enterprise to sales, we see a ratio of 5.25. The receivables turnover for the company is 7.0for trailing twelve months and the total asset turnover is 1.41. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.27.
Conclusion
In conclusion, Paymentus Holdings Inc (PAY) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
