Cantor Fitzgerald Forecasts Payoneer Global FY2025 Earnings

Payoneer Global Inc. (NASDAQ:PAYO) – Cantor Fitzgerald issued their FY2025 earnings per share estimates for Payoneer Global in a report issued on Tuesday, January 21st. Cantor Fitzgerald analyst Y. Lee expects that the company will post earnings of $0.35 per share for the year. The consensus estimate for Payoneer Global’s current full-year earnings is $0.35 per share.

Payoneer Global (NASDAQ:PAYO) last released its earnings results on Tuesday, November 5th. The company reported $0.11 EPS for the quarter, beating the consensus estimate of $0.04 by $0.07. Payoneer Global had a return on equity of 17.78% and a net margin of 13.82%. The firm had revenue of $248.30 million for the quarter, compared to analysts’ expectations of $225.44 million. During the same quarter in the previous year, the business posted $0.05 EPS. The business’s quarterly revenue was up 19.4% compared to the same quarter last year.

A number of other research firms also recently commented on PAYO. Benchmark increased their price objective on shares of Payoneer Global from $10.00 to $12.00 and gave the stock a “buy” rating in a research note on Wednesday, November 6th. Northland Securities upped their price target on shares of Payoneer Global from $13.00 to $14.00 and gave the stock an “outperform” rating in a research report on Friday, December 6th. Needham & Company LLC lifted their price objective on shares of Payoneer Global from $10.00 to $14.00 and gave the company a “buy” rating in a research report on Wednesday, November 6th. Citigroup boosted their price objective on shares of Payoneer Global from $8.50 to $13.00 and gave the stock a “buy” rating in a research note on Tuesday, January 14th. Finally, The Goldman Sachs Group lifted their price target on Payoneer Global from $9.00 to $12.00 and gave the stock a “buy” rating in a report on Wednesday, November 6th. Two research analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $11.86.

Payoneer Global Trading Down 4.4 %

Shares of PAYO opened at $10.34 on Wednesday. Payoneer Global has a 12 month low of $4.22 and a 12 month high of $11.29. The firm has a fifty day simple moving average of $10.41 and a 200 day simple moving average of $8.37. The stock has a market capitalization of $3.69 billion, a price-to-earnings ratio of 29.54 and a beta of 0.92.

Institutional Investors Weigh In On Payoneer Global

Several institutional investors have recently made changes to their positions in PAYO. FMR LLC raised its holdings in Payoneer Global by 17.2% in the 3rd quarter. FMR LLC now owns 1,129,312 shares of the company’s stock valued at $8,504,000 after acquiring an additional 165,913 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in Payoneer Global by 3.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 2,337,156 shares of the company’s stock valued at $17,599,000 after purchasing an additional 67,255 shares in the last quarter. Quest Partners LLC bought a new stake in Payoneer Global during the third quarter worth about $415,000. Wedge Capital Management L L P NC bought a new stake in Payoneer Global during the third quarter worth about $1,509,000. Finally, AXA S.A. grew its stake in Payoneer Global by 1,394.5% during the second quarter. AXA S.A. now owns 14,176,485 shares of the company’s stock worth $78,538,000 after buying an additional 13,227,884 shares in the last quarter. 82.22% of the stock is currently owned by institutional investors.

Insider Activity

In other Payoneer Global news, insider Crossover Managemen Technology sold 7,500,000 shares of Payoneer Global stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $10.32, for a total value of $77,400,000.00. Following the completion of the sale, the insider now owns 34,197,116 shares in the company, valued at $352,914,237.12. The trade was a 17.99 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Itai Perry sold 52,829 shares of the stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $10.64, for a total transaction of $562,100.56. Following the transaction, the chief accounting officer now owns 201,882 shares in the company, valued at approximately $2,148,024.48. The trade was a 20.74 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 7,914,625 shares of company stock valued at $81,614,514. 5.57% of the stock is owned by insiders.

About Payoneer Global

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.