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Paysafe Limited (PSFE) Stock Drops Despite Market Gains: Important Facts to Note
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The latest trading session saw Paysafe Limited (PSFE - Free Report) ending at $13.89, denoting a -1.98% adjustment from its last day's close. The stock's change was less than the S&P 500's daily gain of 0.82%. Meanwhile, the Dow gained 0.41%, and the Nasdaq, a tech-heavy index, added 0.95%.
Shares of the company witnessed a gain of 8.42% over the previous month, beating the performance of the Business Services sector with its gain of 6.18% and the S&P 500's gain of 5.59%.
Investors will be eagerly watching for the performance of Paysafe Limited in its upcoming earnings disclosure. The company is forecasted to report an EPS of $0.60, showcasing a 11.11% upward movement from the corresponding quarter of the prior year. Simultaneously, our latest consensus estimate expects the revenue to be $415.6 million, showing an 8.35% escalation compared to the year-ago quarter.
Investors should also take note of any recent adjustments to analyst estimates for Paysafe Limited. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Therefore, positive revisions in estimates convey analysts' confidence in the company's business performance and profit potential.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Paysafe Limited currently has a Zacks Rank of #3 (Hold).
In terms of valuation, Paysafe Limited is currently trading at a Forward P/E ratio of 5.84. Its industry sports an average Forward P/E of 12.85, so one might conclude that Paysafe Limited is trading at a discount comparatively.
Meanwhile, PSFE's PEG ratio is currently 0.32. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Financial Transaction Services was holding an average PEG ratio of 1.13 at yesterday's closing price.
The Financial Transaction Services industry is part of the Business Services sector. Currently, this industry holds a Zacks Industry Rank of 115, positioning it in the top 46% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow PSFE in the coming trading sessions, be sure to utilize Zacks.com.
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Paysafe Limited (PSFE) Stock Drops Despite Market Gains: Important Facts to Note
The latest trading session saw Paysafe Limited (PSFE - Free Report) ending at $13.89, denoting a -1.98% adjustment from its last day's close. The stock's change was less than the S&P 500's daily gain of 0.82%. Meanwhile, the Dow gained 0.41%, and the Nasdaq, a tech-heavy index, added 0.95%.
Shares of the company witnessed a gain of 8.42% over the previous month, beating the performance of the Business Services sector with its gain of 6.18% and the S&P 500's gain of 5.59%.
Investors will be eagerly watching for the performance of Paysafe Limited in its upcoming earnings disclosure. The company is forecasted to report an EPS of $0.60, showcasing a 11.11% upward movement from the corresponding quarter of the prior year. Simultaneously, our latest consensus estimate expects the revenue to be $415.6 million, showing an 8.35% escalation compared to the year-ago quarter.
Investors should also take note of any recent adjustments to analyst estimates for Paysafe Limited. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Therefore, positive revisions in estimates convey analysts' confidence in the company's business performance and profit potential.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Paysafe Limited currently has a Zacks Rank of #3 (Hold).
In terms of valuation, Paysafe Limited is currently trading at a Forward P/E ratio of 5.84. Its industry sports an average Forward P/E of 12.85, so one might conclude that Paysafe Limited is trading at a discount comparatively.
Meanwhile, PSFE's PEG ratio is currently 0.32. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Financial Transaction Services was holding an average PEG ratio of 1.13 at yesterday's closing price.
The Financial Transaction Services industry is part of the Business Services sector. Currently, this industry holds a Zacks Industry Rank of 115, positioning it in the top 46% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow PSFE in the coming trading sessions, be sure to utilize Zacks.com.