How to Buy Payoneer Global Stock
Payoneer Global Inc
Payoneer Global Inc. operates a payment and commerce-enabling platform that facilitates marketplaces, platforms and online merchants worldwide.
Payoneer Global stock last closed at $6.13, up 1.49% from the previous day, and has increased 9.66% in one year. It has underperformed other stocks in the Software - Infrastructure industry by 0.12 percentage points. Payoneer Global stock is currently +52.49% from its 52-week low of $4.02, and -23.76% from its 52-week high of $8.04.
At the moment, there are 359.17M shares of PAYO outstanding. The market value of PAYO is $2.20B. In the past 24 hours, 1.76M PAYO shares were traded.
How to Buy Payoneer Global Stock
Not sure how to invest in Payoneer Global stock? Here's how.
- Figure out where to buy Payoneer Global stock: You need to decide on a stock brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you decide where to buy Payoneer Global stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit money your brokerage account: Pick your payment method and add your details.
- Research Payoneer Global stock: The Payoneer Global ticker symbol is PAYO. Is Payoneer Global stock a good investment? Should you buy shares of PAYO? How do PAYO's underlying business fundamentals look? Do top analysts think Payoneer Global is a good buy? Why has PAYO's stock price moved recently? (Hint: Our stock analysis website can help you figure out if PAYO is a good stock to buy).
- Execute your PAYO buy order: Decide if you will purchase PAYO shares at the current market price or use a limit order to purchase PAYO shares at a given price.
- Get updates on your investment in PAYO: Create a watchlist to the latest updates on your investment in Payoneer Global shares.
Step 1: Figure out where to buy Payoneer Global stock
You need a brokerage account in order to access the NASDAQ market and buy PAYO shares.
Our preferred brokerage: eToro
Based on our analysis, eToro is the best place to buy stocks. Here's why:
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- Social investing: eToro has a community with more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by signing up for an account with eToro today.
Open eToro AccountStep 2: Open your brokerage account
Now that you've selected the right brokerage, you'll need to fill out some personal information so you can buy PAYO today.
How to Open a New Brokerage Account on eToro
- Click here to get started.
- Input your personal data to start a new brokerage account.
- Submit your information by pressing the "Create Account" button.
Step 3: Deposit money your brokerage account
Now that you have filled out your info on the best stock trading app, you need to deposit funds:
Watch this video walkthrough to see the process of transferring money into your new investment account.
Step 4: Research Payoneer Global stock
After you have figured out the best place to buy Payoneer Global stock, it's important to research their stock prior to investing, so you actually wrap your head around the risk as well as the upside.
Overview of key PAYO info
PAYO Overview
WallStreetZen was designed to help everyday investors do better fundamental analysis.
You can see all of the due diligence checks on PAYO's stock page.
Is PAYO stock undervalued or overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge PAYO's intrinsic value.
Using relative valuations ratios:
- PAYO may be overvalued based on its P/E ratio of 153.25x, relative to Software - Infrastructure industry P/E ratio of 10.21x
- PAYO could be undervalued based on its P/B ratio of 3.52x, relative to Software - Infrastructure industry P/B ratio of 10.89x
You can access more valuation research on PAYO's stock here.
A quick look at PAYO Financials
Positive Financial Indicators:
- PAYO profit margin has gone up from 1.2% to 2.3% in the past year.
- There are more short-term assets than long-term liabilities on the PAYO balance sheet.
- There are more short-term assets than short-term liabilities on the PAYO balance sheet.
- PAYO earnings of -$1.79M is not sufficient to cover its interest payments.
Negative Financial Indicators:
- PAYO has a relatively high debt to equity ratio of 9.14.
- PAYO's operating cash flow of $115.01M allows it to safely service it's debt of $5.54B.
Is PAYO stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 6 Equities analysts who give recommendations on PAYO, the consensus analyst rating on PAYO is a Strong Buy
Please note that analyst ratings are not recommendations, nor are they investment advice.
Latest PAYO Analyst Upgrades/Downgrades
Josh Siegler, a bottom 7% analyst from Cantor Fitzgerald reiterates PAYO with a strong buy rating and maintains their PAYO price target from $8.00 to $8.00, on Sep 22, 2023.
Will Nance, a bottom 16% analyst from Goldman Sachs maintains PAYO with a strong buy rating and raises their PAYO price target from $7.00 to $8.00, on Sep 22, 2023.
Mayank Tandon, a top 22% analyst from Needham reiterates PAYO with a buy rating and maintains their PAYO price target from $10.00 to $10.00, on Sep 22, 2023.
Mark Palmer, a top 17% analyst from Berenberg initiates coverage on PAYO with a strong buy rating and announces their PAYO price target of $7.00, on Jul 11, 2023.
Sanjay Sakhrani, a bottom 21% analyst from Keefe, Bruyette & Woods maintains PAYO with a buy rating and lowers their PAYO price target from $9.00 to $8.00, on May 10, 2023.
You can dig deeper into what analysts are forecasting on the Payoneer Global stock forecast page.
PAYO Technicals
How is PAYO performing as a company?
Last year, PAYO earnings were $16.88M. Over the last 1 years, PAYO's earnings have gone up by -20% per year. This was slower than the Software - Infrastructure industry average of 29.69%.
Last year, PAYO revenue was $741.22M. In the last two year, PAYO's revenue has increased by 36.68% per year. This was faster than the Software - Infrastructure industry average of 17%.
Dig into PAYO's earnings and revenue performance here.
Latest Insiders Trades at PAYO
Over the last 12 months, insiders at PAYO have sold more shares than they have bought.
Assaf Ronen, Chief Platform Officer of PAYO, was the latest PAYO insider to sell. They sold $1,334,704.32 worth of PAYO stock on Sep 20, 2023.
Get more info about who owns PAYO stock here.
Does PAYO provide a stable income stream?
No, Payoneer Global doesn't provide an income stream by paying out dividends.
What others are saying about PAYO
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Execute your PAYO buy order
There are two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually sufficient. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at an exact price, use a limit order.
Hit the Open Trade button and your broker will execute your order.
If you want additional help investing in stocks on eToro, watch the how to video below:
Step 6: Get updates on your investment in PAYO
Now that you own some PAYO shares, you'll want to keep up with your company.
Start a watchlist to track the latest developments regarding your PAYO stock.
PAYO Feed
How to Buy Stock in Payoneer Global
To reiterate, here are the 6 steps to buy stock in Payoneer Global:
- Figure out where to buy Payoneer Global stock
- Open your brokerage account
- Deposit money your brokerage account
- Research Payoneer Global stock
- Execute your PAYO buy order
- Get updates on your investment in PAYO
If you are looking for a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get updates on your new investment in Payoneer Global, click the button below.
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