Cantor Fitzgerald Predicts Payoneer Global FY2025 Earnings

Payoneer Global Inc. (NASDAQ:PAYO) – Equities research analysts at Cantor Fitzgerald issued their FY2025 earnings per share (EPS) estimates for shares of Payoneer Global in a report issued on Tuesday, January 21st. Cantor Fitzgerald analyst Y. Lee anticipates that the company will earn $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 posted its earnings results on Tuesday, November 5th. The company reported $0.11 EPS for the quarter, topping analysts’ consensus estimates of $0.04 by $0.07. The firm had revenue of $248.30 million during the quarter, compared to analysts’ expectations of $225.44 million. Payoneer Global had a net margin of 13.82% and a return on equity of 17.78%. The business’s revenue for the quarter was up 19.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.05 earnings per share.

Several other research analysts also recently issued reports on the stock. Keefe, Bruyette & Woods lowered their price target on shares of Payoneer Global from $12.00 to $11.00 and set a “market perform” rating for the company in a report on Monday, January 6th. The Goldman Sachs Group upped their target price on Payoneer Global from $9.00 to $12.00 and gave the stock a “buy” rating in a report on Wednesday, November 6th. Needham & Company LLC lifted their price target on Payoneer Global from $10.00 to $14.00 and gave the company a “buy” rating in a research note on Wednesday, November 6th. Benchmark upped their price objective on Payoneer Global from $10.00 to $12.00 and gave the company a “buy” rating in a research note on Wednesday, November 6th. Finally, Citigroup lifted their target price on shares of Payoneer Global from $8.50 to $13.00 and gave the stock a “buy” rating in a research report on Tuesday, January 14th. Two investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $11.86.

Payoneer Global Price Performance

Shares of NASDAQ:PAYO opened at $10.34 on Wednesday. Payoneer Global has a one year low of $4.22 and a one year high of $11.29. The company has a market cap of $3.69 billion, a price-to-earnings ratio of 29.54 and a beta of 0.92. The firm has a 50 day simple moving average of $10.41 and a 200 day simple moving average of $8.37.

Institutional Investors Weigh In On Payoneer Global

Several hedge funds and other institutional investors have recently made changes to their positions in PAYO. AXA S.A. boosted its stake in Payoneer Global by 1,394.5% during the 2nd quarter. AXA S.A. now owns 14,176,485 shares of the company’s stock valued at $78,538,000 after purchasing an additional 13,227,884 shares during the last quarter. Millennium Management LLC lifted its holdings in shares of Payoneer Global by 17.3% in the second quarter. Millennium Management LLC now owns 6,764,016 shares of the company’s stock valued at $37,473,000 after purchasing an additional 995,366 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Payoneer Global by 22.7% during the second quarter. Dimensional Fund Advisors LP now owns 4,593,005 shares of the company’s stock valued at $25,446,000 after buying an additional 849,680 shares during the last quarter. Azora Capital LP purchased a new position in shares of Payoneer Global during the third quarter valued at approximately $31,901,000. Finally, Charles Schwab Investment Management Inc. grew its holdings in Payoneer Global by 3.0% during the third quarter. Charles Schwab Investment Management Inc. now owns 2,337,156 shares of the company’s stock worth $17,599,000 after buying an additional 67,255 shares in the last quarter. 82.22% of the stock is owned by institutional investors.

Insider Buying and Selling at Payoneer Global

In related news, CAO Itai Perry sold 52,829 shares of Payoneer Global stock in a transaction on Monday, November 18th. The shares were sold at an average price of $10.64, for a total value of $562,100.56. Following the completion of the sale, the chief accounting officer now owns 201,882 shares of the company’s stock, valued at approximately $2,148,024.48. This trade represents a 20.74 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Tsafi Goldman sold 263,873 shares of the company’s stock in a transaction on Tuesday, December 10th. The stock was sold at an average price of $10.10, for a total transaction of $2,665,117.30. Following the transaction, the insider now owns 741,748 shares in the company, valued at approximately $7,491,654.80. The trade was a 26.24 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 7,914,625 shares of company stock valued at $81,614,514. Corporate insiders own 5.57% of the company’s stock.

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.