Paya Holdings Inc. (NASDAQ: PAYA) is -18.26% lower on its value in year-to-date trading and has touched a low of $10.03 and a high of $15.00 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PAYA stock was last observed hovering at around $11.20 in the last trading session, with the day’s loss setting it -0.1% off its average median price target of $15.00 for the next 12 months. It is also 38.33% off the consensus price target high of $18.00 offered by 7 analysts, but current levels are 26.0% higher than the price target low of $15.00 for the same period.
Currently trading at $11.10, the stock is -1.57% and -5.66% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.81 million and changing -0.89% at the moment leaves the stock -4.36% off its SMA200. PAYA registered 9.58% gain for a year compared to 6-month loss of -0.36%. The firm has a 50-day simple moving average (SMA 50) of $12.06 and a 200-day simple moving average (SMA200) of $12.04.
The stock witnessed a 1.37% gain in the last 1 month and extending the period to 3 months gives it a -14.81%, and is 3.35% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.70% over the week and 3.44% over the month.
Paya Holdings Inc. (PAYA) has around 281 employees, a market worth around $1.30B and $206.00M in sales. Fwd P/E is 25.93. Profit margin for the company is -0.30%. Distance from 52-week low is 10.67% and -26.00% from its 52-week high. The company has generated returns on investments over the last 12 months (4.70%).
Paya Holdings Inc. (PAYA) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Paya Holdings Inc. (PAYA) is a “Buy”. 7 analysts offering their recommendations for the stock have an average rating of 1.60, where 0 rate it as a Hold and 1 think it is a “Overweight”. 6 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Paya Holdings Inc. is expected to release its quarterly report on 09/01/2021 and quarterly earnings per share for the current quarter are estimated at $0.04 with sales reaching $54M over the same period.The EPS is expected to shrink by -108.20% this year.
Paya Holdings Inc. (PAYA) Top Institutional Holders
104 institutions hold shares in Paya Holdings Inc. (PAYA), with 9.74M shares held by insiders accounting for 8.35% while institutional investors hold 98.73% of the company’s shares. The shares outstanding are 132.32M, and float is at 51.65M with Short Float at 10.67%. Institutions hold 90.49% of the Float.
The top institutional shareholder in the company is GTCR, LLC with over 55.23 million shares valued at $750.08 million. The investor’s holdings represent 43.60% of the PAYA Shares outstanding. As of Dec 30, 2020, the second largest holder is Capital Research Global Investors with 6.87 million shares valued at $93.25 million to account for 5.42% of the shares outstanding. The other top investors are Point72 Asset Management, L.P. which holds 4.19 million shares representing 3.31% and valued at over $56.89 million, while BAMCO Inc. holds 2.78% of the shares totaling 3.52 million with a market value of $47.87 million.
Paya Holdings Inc. (PAYA) Insider Activity
A total of 4 insider transactions have happened at Paya Holdings Inc. (PAYA) in the last six months, with sales accounting for 0 and purchases happening 4 times.