How to Buy Paymentus Holdings Stock
Paymentus Holdings Inc
Paymentus Holdings is a software infrastructure company located in Washington, United States, which is part of the Technology sector, and is traded under the ticker PAY on the NYSE exchange.
Paymentus Holdings stock last closed at $20.62, down 2.52% from the previous day, and has increased 148.15% in one year. It has overperformed other stocks in the Software - Infrastructure industry by 1.34 percentage points. Paymentus Holdings stock is currently +165.89% from its 52-week low of $7.76, and -18.21% from its 52-week high of $25.21.
There are currently 123.92M PAY shares outstanding. The market cap of PAY is $2.56B. In the last 24 hours, 330,788 PAY shares were traded.
How to Buy Paymentus Holdings Stock
Not sure how to invest in Paymentus Holdings stock? Here's how.
- Figure out where to buy Paymentus Holdings stock: You need to choose a stock brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you determine where to buy Paymentus Holdings stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit funds into your brokerage account: Select your payment method and add your information.
- Research Paymentus Holdings stock: The Paymentus Holdings ticker symbol is PAY. Is Paymentus Holdings stock a good investment? Should you buy shares of PAY? How do PAY's underlying business fundamentals look? Do top analysts think Paymentus Holdings is a good buy? Why has PAY's stock price moved recently? (Hint: Our stock research website can help you decide if PAY is a good stock to buy).
- Execute your PAY buy order: Decide if you will purchase PAY shares at the current market price or use a limit order to buy PAY shares at a particular price.
- Keep tabs on your PAY position: Create a watchlist to important updates regarding your new investment in Paymentus Holdings shares.
Step 1: Figure out where to buy Paymentus Holdings stock
You need an online brokerage account to access the NYSE market and buy PAY stock.
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Open eToro AccountStep 2: Create your brokerage account
Now that you've selected the best brokerage, the next step is to fill out some personal information so you are able to invest in PAY stock today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to open your new trading account.
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Step 3: Deposit funds into your brokerage account
Now that you have created your account on investing apps, your next step is to transfer the money for your investment:
Check out the walkthrough below if you need help transferring funds into your brokerage account.
Step 4: Research Paymentus Holdings stock
Once you have chosen the best place to buy Paymentus Holdings stock, it's absolutely critical to research their stock prior to buying, so you can comprehend the risk and opportunity.
Overview of key PAY info
Fundamentals of PAY
WallStreetZen was designed to help everyday investors do more accurate fundamental analysis quickly.
You can see all of the due diligence checks on PAY's stock page.
Is PAY stock undervalued or overvalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge PAY's fair value.
Using relative valuations metrics:
- PAY could be overvalued based on its P/E ratio of 114.56x, relative to Software - Infrastructure industry P/E ratio of 77.6x
- PAY could be undervalued based on its P/B ratio of 5.95x, relative to Software - Infrastructure industry P/B ratio of 11.8x
You can do additional valuation analysis on PAY's stock here.
A quick look at PAY Financials
Signs that PAY is financially healthy:
- There are more short-term assets than long-term liabilities on the PAY balance sheet.
- PAY has a low debt to equity ratio of 0.18.
- There are more short-term assets than short-term liabilities on the PAY balance sheet.
- PAY's operating cash flow of $68.83M allows it to safely service it's debt of $10.51M.
- PAY profit margin has gone up from -0.1% to 3.6% in the past year.
- PAY earnings of $25.12M is not sufficient to cover its interest payments.
Is Paymentus Holdings stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 6 Wall Street analysts who give recommendations on PAY, the consensus analyst rating on PAY is a Hold
It's important to keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
Latest PAY Analyst Recommendations
Moshe Katri, a top 17% analyst from Wedbush maintains PAY with a hold rating and raises their PAY price target from $11.00 to $16.00, on Nov 7, 2023.
You can dig deeper into what analysts are forecasting on the Paymentus Holdings stock forecast page.
PAY Technicals
PAY Revenue
Last year, PAY earnings were $22.32M. Over the past 4 year, PAY's earnings have gone up by 18.92% per year. This was slower than the Software - Infrastructure industry average of 141.57%.
Last year, PAY revenue was $614.49M. During the past 4 year, PAY's revenue has grown by 27.06% per year. This was faster than the Software - Infrastructure industry average of 17.1%.
Dig into PAY's earnings and revenue performance here.
Are PAY executives and large shareholders buying or selling the stock?
Over the past year, insiders at PAY have sold more shares than they have bought.
Sanjay Kalra, SVP and CFO of PAY, was the latest PAY insider to sell. They sold $632,428.04 worth of PAY stock on Mar 8, 2024.
Learn more about who owns PAY stock here.
Can I rely on PAY as an income stream?
No, Paymentus Holdings doesn't provide an income stream by paying out dividends.
PAY Social Trading Data
One of the reasons eToro is our favorite brokerage is because of its social trading community.
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Step 5: Execute your PAY buy order
You have two primary order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally fine. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a specific price, place a limit order.
Click the Open button and your broker will place your order.
If you require more help investing in stocks on eToro, watch the helpful video below:
Step 6: Keep tabs on your PAY position
Now that you own some PAY stock, you'll want to stay up-to-date on your investment.
Make a watchlist to see the latest developments about your PAY stock.
PAY Feed
How to Buy Stock in Paymentus Holdings
To reiterate, here are the 6 steps you need to take to buy Paymentus Holdings stock right now:
- Figure out where to buy Paymentus Holdings stock
- Create your brokerage account
- Deposit funds into your brokerage account
- Research Paymentus Holdings stock
- Execute your PAY buy order
- Keep tabs on your PAY position
If you require a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to keep an eye on your new investment in Paymentus Holdings, click below.
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