Payoneer Global (NASDAQ:PAYO) Posts Earnings Results, Misses Estimates By $0.01 EPS

Payoneer Global (NASDAQ:PAYO) issued its quarterly earnings data on Thursday. The company reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.01), Zacks reports. The company had revenue of $261.74 million for the quarter, compared to analyst estimates of $242.14 million. Payoneer Global had a net margin of 13.82% and a return on equity of 17.78%. During the same period in the prior year, the company posted $0.05 EPS. Payoneer Global updated its FY 2025 guidance to EPS.

Payoneer Global Trading Down 14.7 %

Shares of NASDAQ:PAYO opened at $8.68 on Friday. Payoneer Global has a 1-year low of $4.22 and a 1-year high of $11.29. The firm has a market capitalization of $3.10 billion, a PE ratio of 24.80, a PEG ratio of 2.88 and a beta of 0.93. The business’s 50 day moving average is $10.30 and its 200-day moving average is $9.23.

Insider Transactions at Payoneer Global

In other news, insider Tsafi Goldman sold 96,350 shares of Payoneer Global stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $10.07, for a total transaction of $970,244.50. Following the sale, the insider now owns 741,748 shares of the company’s stock, valued at approximately $7,469,402.36. This trade represents a 11.50 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Beatrice Ordonez sold 85,000 shares of the business’s stock in a transaction on Tuesday, January 21st. The shares were sold at an average price of $10.40, for a total value of $884,000.00. Following the completion of the sale, the chief financial officer now directly owns 2,305,245 shares in the company, valued at approximately $23,974,548. This represents a 3.56 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 445,223 shares of company stock valued at $4,519,362. 5.57% of the stock is owned by corporate insiders.

Analyst Ratings Changes

PAYO has been the topic of a number of analyst reports. Keefe, Bruyette & Woods lowered their price objective on Payoneer Global from $12.00 to $11.00 and set a “market perform” rating on the stock in a report on Monday, January 6th. The Goldman Sachs Group increased their target price on Payoneer Global from $9.00 to $12.00 and gave the company a “buy” rating in a research note on Wednesday, November 6th. Wolfe Research downgraded Payoneer Global from an “outperform” rating to a “peer perform” rating in a research note on Wednesday, January 8th. Citigroup increased their target price on Payoneer Global from $8.50 to $13.00 and gave the company a “buy” rating in a research note on Tuesday, January 14th. Finally, Deutsche Bank Aktiengesellschaft started coverage on Payoneer Global in a research note on Monday, February 3rd. They set a “buy” rating and a $13.00 target price for the company. Two research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $12.00.

Payoneer Global Company Profile

Payoneer Global Inc operates as a financial technology company. It operates a payment infrastructure platform that provides customers with a one-stop, global, multi-currency account to serve their accounts receivable and accounts payable needs. The company delivers a suite of services that includes cross-border payments, physical and virtual MasterCard cards, working capital, risk management, and other services.