Paymentus Holdings Inc [NYSE: PAY] stock went on an upward path that rose over 0.10% on Thursday, amounting to a one-week price increase of more than 10.09%.
Over the last 12 months, PAY stock rose by 50.13%. The one-year Paymentus Holdings Inc stock forecast points to a potential upside of 6.0. The average equity rating for PAY stock is currently 2.57, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $3.64 billion, with 32.14 million shares outstanding and 25.76 million shares in the current float. Compared to the average trading volume of 459.15K shares, PAY stock reached a trading volume of 296246 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Paymentus Holdings Inc [PAY]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PAY shares is $31.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PAY stock is a recommendation set at 2.57. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Wedbush have made an estimate for Paymentus Holdings Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on February 03, 2025. The new note on the price target was released on July 10, 2024, representing the official price target for Paymentus Holdings Inc stock.
The Average True Range (ATR) for Paymentus Holdings Inc is set at 1.66, with the Price to Sales ratio for PAY stock in the period of the last 12 months amounting to 4.18. The Price to Book ratio for the last quarter was 7.49, with the Price to Cash per share for the same quarter was set at 1.68. Price to Free Cash Flow for PAY in the course of the last twelve months was 57.64 with Quick ratio for the last quarter at 4.24.
PAY Stock Performance Analysis:
Paymentus Holdings Inc [PAY] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 10.09. With this latest performance, PAY shares gained by 4.74% in over the last four-week period, additionally plugging by 23.84% over the last 6 months – not to mention a rise of 50.13% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PAY stock in for the last two-week period is set at 56.48, with the RSI for the last a single of trading hit 60.67, and the three-weeks RSI is set at 53.67 for Paymentus Holdings Inc [PAY]. The present Moving Average for the last 50 days of trading for this stock 28.11, while it was recorded at 28.83 for the last single week of trading, and 26.76 for the last 200 days.
Insight into Paymentus Holdings Inc Fundamentals:
Paymentus Holdings Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 4.24 and a Current Ratio set at 4.24.
PAY Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for PAY. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Paymentus Holdings Inc go to 22.04%.
Paymentus Holdings Inc [PAY] Institutonal Ownership Details
There are presently around $78.03%, or 81.77%% of PAY stock, in the hands of institutional investors. The top three institutional holders of PAY stocks are: CAPITAL INTERNATIONAL INVESTORS with ownership of 3.25 million shares, which is approximately 2.6145%. FRANKLIN RESOURCES INC, holding 2.07 million shares of the stock with an approximate value of $$39.39 million in PAY stocks shares; and FRANKLIN RESOURCES INC, currently with $$28.71 million in PAY stock with ownership which is approximately 1.2191%.
