Surging Earnings Estimates Signal Upside for Paymentus (PAY) Stock [Yahoo! Finance]
Paymentus Holdings, Inc. Class A (PAY)
Last paymentus holdings, inc. class a earnings: 3/8 04:05 pm
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Source: Yahoo! Finance
The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook. Analysts' growing optimism on the earnings prospects of this electronic bill payment services is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. This insight is at the core of our stock rating tool -- the Zacks Rank. The five-grade Zacks Rank system, which ranges from a Zacks Rank #1 (Strong Buy) to a Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record of outperformance, with Zacks #1 Ranked stocks generating an average annual return of +25% since 2008. Consensus earnings estimates for the next quarter and full year have moved considerably higher for Paymentus, as there has been strong agreement among the covering analysts in raising estimates. For the cur
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PAY
News
- Here is Why Growth Investors Should Buy Paymentus (PAY) Now [Yahoo! Finance]Yahoo! Finance
- Paymentus to Participate in FT Partners FinTech ConferenceBusiness Wire
- Paymentus Holdings, Inc. (NYSE: PAY) had its price target raised by analysts at The Goldman Sachs Group, Inc. from $23.50 to $33.00. They now have a "neutral" rating on the stock.MarketBeat
- Paymentus Holdings, Inc. (NYSE: PAY) had its price target raised by analysts at Wells Fargo & Company from $21.00 to $27.00. They now have an "equal weight" rating on the stock.MarketBeat
- Paymentus Stock Explodes 22.5%: Fintech Powerhouse Shatters Records in Q3 2024 [Yahoo! Finance]Yahoo! Finance
PAY
Earnings
- 11/12/24 - Beat
PAY
Sec Filings
- 11/19/24 - Form 4
- 11/19/24 - Form 4
- 11/18/24 - Form 144
- PAY's page on the SEC website