Nayax (NASDAQ:NYAX) Issues Quarterly Earnings Results, Beats Expectations By $0.01 EPS

Nayax (NASDAQ:NYAX) issued its earnings results on Tuesday. The company reported $0.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.04 by $0.01, Zacks reports. Nayax had a negative net margin of 3.62% and a negative return on equity of 7.32%. Nayax updated its FY 2025 guidance to EPS.

Nayax Trading Up 0.5 %

NYAX opened at $37.15 on Tuesday. The firm’s fifty day moving average is $35.51 and its two-hundred day moving average is $29.65. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.16 and a current ratio of 1.25. Nayax has a twelve month low of $20.31 and a twelve month high of $40.70. The firm has a market cap of $1.32 billion, a PE ratio of -119.83 and a beta of 0.02.

Wall Street Analyst Weigh In

NYAX has been the topic of several recent research reports. B. Riley assumed coverage on shares of Nayax in a research note on Tuesday, November 19th. They issued a “buy” rating and a $38.00 price objective on the stock. Keefe, Bruyette & Woods raised their price objective on Nayax from $28.00 to $30.00 and gave the stock a “market perform” rating in a research note on Monday, December 9th. Four analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Nayax presently has a consensus rating of “Moderate Buy” and an average price target of $31.25.

Hedge Funds Weigh In On Nayax

An institutional investor recently raised its position in Nayax stock. Bank of America Corp DE lifted its stake in shares of Nayax Ltd. (NASDAQ:NYAX) by 920.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,500 shares of the company’s stock after purchasing an additional 1,353 shares during the quarter. Bank of America Corp DE’s holdings in Nayax were worth $44,000 as of its most recent filing with the Securities and Exchange Commission. 34.87% of the stock is owned by institutional investors and hedge funds.

Nayax Company Profile

Nayax Ltd., a fintech company, operates system and payment platform for multiple retailers in the United States, Europe, the United Kingdom, Australia, Israel, and rest of the world. The company offers AMIT 3.0, a machine-to-machine vending telemetry solution; Nayax Core, a management and monitoring software for vending machines and other unattended machines; MoMa, a mobile app for unattended machine; Tigapo back-office software suite, a cloud-based platform; EV Core, a smart, cloud-based management platform; Retail Management Cloud, a comprehensive attended retail management platform; Loyalty and Marketing Suite, a consumer engagement marketing and loyalty platform; Monyx Wallet, a digital wallet app enabling cashless payments with mobile phones; Weezmo, a consumer engagement and marketing platform; and Tigapo app, a proprietary mobile app to help family entertainment center businesses.