Streetbeat News

PAY

Paymentus Holdings, Inc.

https://www.paymentus.com

Industry

Information Technology Services

Paymentus Holdings, Inc. provides cloud-based bill payment technology and solutions. The company offers electronic bill presentment and payment services, enterprise customer communication, and self-service revenue management to billers through a software-as-a-service technology platform. The company serves utility, financial service, insurance, government, telecommunication, and healthcare industries. The company was founded in 2004 and is based in Redmond, Washington.

Open

35.00

Mkt cap

4.5B

Volume

420K

High

36.56

P/E Ratio

111.78

52-wk high

37.00

Low

34.70

Div yield

N/A

52-wk low

14.77

Expedia Group, Inc. (NASDAQ:EXPE) and several other major stocks saw significant gains on Friday following better-than-expected financial results. Expedia reported quarterly earnings of $3.51 per share, beating the consensus estimate of $3.06, and quarterly sales of $3.558 billion, surpassing the estimate of $3.534 billion. Other notable gainers include Blend Labs, Inc. (NYSE:BLND), Doximity, Inc. (NYSE:DOCS), ADMA Biologics, Inc. (NASDAQ:ADMA), Sweetgreen, Inc. (NYSE:SG), Evolent Health, Inc. (NYSE:EVH), Iovance Biotherapeutics, Inc. (NASDAQ:IOVA), CarGurus, Inc. (NASDAQ:CARG), IAMGOLD Corporation (NYSE:IAG), Genpact Limited (NYSE:G), Paymentus Holdings, Inc. (NYSE:PAY), DigitalOcean Holdings, Inc. (NYSE:DOCN), Rocket Lab USA, Inc. (NASDAQ:RKLB), Akamai Technologies, Inc. (NASDAQ:AKAM), The Trade Desk, Inc. (NASDAQ:TTD), DXC Technology Company (NYSE:DXC), and Eli Lilly and Company (NYSE:LLY).

Portfolio Pulse from Avi Kapoor

August 09, 2024 | 4:51 pm

Goldman Sachs analyst Will Nance maintains a Neutral rating on Paymentus Holdings (NYSE:PAY) and raises the price target from $21 to $23.5.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 3:48 pm

Paymentus Holdings shares are trading higher after the company reported better-than-expected Q2 financial results and issued Q2 and FY24 revenue guidance above estimates.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 12:17 pm

Baird analyst David Koning maintains an Outperform rating on Paymentus Holdings (NYSE:PAY) and raises the price target from $23 to $24.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 11:51 am

Paymentus has announced its revenue guidance for FY24, projecting $770M-$780M, which is higher than the estimated $748.99M.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 9:31 pm

Payments Inc. has released its Q2 2024 revenue guidance, projecting $188M-$193M, which is above the $180.5M estimate.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 9:31 pm

Paymentus Holdings (NYSE:PAY) reported Q2 2024 adjusted EPS of $0.12, beating the $0.09 estimate by 33.33%. Sales were $197.422M, surpassing the $180.569M estimate by 9.33%. This represents a 50% increase in EPS and a 32.55% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 8:28 pm

U.S. stocks were mixed on Monday, with the Dow Jones index gaining around 300 points. However, several notable stocks, including ResMed, Coinbase Global, and Nvidia, experienced significant declines. ResMed shares fell sharply by 10.4% following a downgrade from Citigroup and sleep apnea data from Lilly. Other stocks such as Molecular Partners, Cryoport, BridgeBio Pharma, BitFuFu, Inspire Medical Systems, Ginkgo Bioworks, MicroStrategy, Paymentus Holdings, Super Micro Computer, and Sirius XM Holdings also saw notable declines.

Portfolio Pulse from Avi Kapoor

June 24, 2024 | 5:18 pm

Beyond, Inc. (NYSE:BYON) shares plummeted over 20% due to disappointing quarterly results, missing both earnings and revenue estimates. Other stocks experienced significant movements, with companies like Golden Sun Health Technology Group Limited (NASDAQ:GSUN) and MMTec, Inc. (NASDAQ:MTC) seeing substantial gains. The article also highlights losers of the day, including Holdco Nuvo Group D.G Ltd (NASDAQ:NUVO) and The Real Good Food Company, Inc. (NASDAQ:RGF), which saw notable declines.

Portfolio Pulse from Avi Kapoor

May 07, 2024 | 6:35 pm

Paymentus Holdings shares are trading lower following the release of their Q1 earnings.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 6:05 pm

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