Paysign (NASDAQ:PAYS) Announces Earnings Results

Paysign (NASDAQ:PAYS) issued its earnings results on Tuesday. The company reported $0.02 earnings per share for the quarter, hitting the consensus estimate of $0.02, Zacks reports. Paysign had a return on equity of 30.64% and a net margin of 14.28%. Paysign updated its Q1 2025 guidance to EPS and its FY 2025 guidance to 0.000-0.000 EPS.

Paysign Price Performance

NASDAQ PAYS traded down $0.04 during midday trading on Tuesday, hitting $2.48. 692,183 shares of the company traded hands, compared to its average volume of 273,320. Paysign has a 52 week low of $2.25 and a 52 week high of $5.59. The company’s 50-day simple moving average is $2.68 and its 200-day simple moving average is $3.26. The company has a market cap of $132.80 million, a PE ratio of 16.53 and a beta of 0.93.

Analyst Ratings Changes

Separately, Lake Street Capital started coverage on shares of Paysign in a research note on Friday, December 20th. They issued a “buy” rating and a $6.00 price objective for the company.

Insider Transactions at Paysign

In other Paysign news, CEO Mark Newcomer sold 100,000 shares of Paysign stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $2.73, for a total value of $273,000.00. Following the transaction, the chief executive officer now owns 8,936,886 shares in the company, valued at $24,397,698.78. The trade was a 1.11 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Topline Capital Management, Ll sold 231,187 shares of the stock in a transaction dated Friday, December 27th. The shares were sold at an average price of $3.31, for a total transaction of $765,228.97. Following the sale, the insider now directly owns 5,859,046 shares of the company’s stock, valued at approximately $19,393,442.26. The trade was a 3.80 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 927,087 shares of company stock valued at $2,872,039. Corporate insiders own 23.40% of the company’s stock.

About Paysign

Paysign, Inc provides prepaid card programs, comprehensive patient affordability offerings, digital banking services, and integrated payment processing services for businesses, consumers, and government institutions. Its product offerings include solutions for corporate rewards, prepaid gift cards, general purpose reloadable debit cards, employee incentives, consumer rebates, donor compensation, clinical trials, healthcare reimbursement payments and pharmaceutical payment assistance, and demand deposit accounts accessible with a debit card.