Nayax (NYAX) to Release Quarterly Earnings on Tuesday

Nayax (NASDAQ:NYAX) will be releasing its earnings data before the market opens on Tuesday, November 12th. Analysts expect Nayax to post earnings of $0.01 per share for the quarter. Nayax has set its FY 2024 guidance at EPS.

Nayax (NASDAQ:NYAX) last posted its quarterly earnings data on Wednesday, August 7th. The company reported ($0.08) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.06). Nayax had a negative return on equity of 11.18% and a negative net margin of 5.34%. The company had revenue of $78.09 million for the quarter, compared to analysts’ expectations of $78.10 million. During the same quarter last year, the business posted ($0.12) EPS. On average, analysts expect Nayax to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Nayax Price Performance

Nayax stock opened at $28.48 on Tuesday. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.25 and a quick ratio of 1.17. The firm has a 50 day moving average price of $25.60 and a 200-day moving average price of $24.68. Nayax has a twelve month low of $18.46 and a twelve month high of $30.99.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. Barclays upped their price target on Nayax from $23.00 to $28.00 and gave the company an “equal weight” rating in a research report on Tuesday, October 15th. Jefferies Financial Group raised shares of Nayax from a “hold” rating to a “buy” rating in a report on Wednesday, October 30th. Oppenheimer initiated coverage on shares of Nayax in a research note on Tuesday, October 1st. They issued a “market perform” rating for the company. Finally, Keefe, Bruyette & Woods cut their price objective on shares of Nayax from $27.00 to $25.00 and set a “market perform” rating for the company in a report on Thursday, August 8th. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat.com, Nayax has a consensus rating of “Hold” and a consensus target price of $27.33.

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.