Ultime notizie per Paymentus Holdings (NYSE:PAY) Azioni

Paymentus Holdings

Paymentus Holdings Inc provides electronic bill presentment and payment services, enterprise customer communication and self-service revenue management to billers and financial institutions through a Software-as-a-Service, (SaaS), secure, omni-channel technology platform. The platform integrates into a biller's core financial and operating systems to provide flexible and secure access to payment processing of credit cards, debit cards, eChecks and digital wallets across a number of channels including online, mobile, IVR, call center, chatbot and voice-based assistants. The Company generates revenue from payment transaction fees processed through the Company's platform. The fees are generated as a percentage of transaction value or a specified fee per transaction.

Paymentus Holdings, Inc. Class A Common Stock

Paymentus Holdings Inc

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Paychex Inc

PAYCHEX ORD

During the last three months, 5 analysts shared their evaluations of Paymentus Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAY#NYSE">PAY</a>), revealing diverse outlooks from bullish to bearish.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
In the assessment of 12-month price targets, analysts unveil insights for Paymentus Holdings, presenting an average target of $24.5, a high estimate of $26.00, and a low estimate of $23.50. Marking an increase of 9.38%, the current average surpasses the previous average price target of $22.40. 
<img src="https://www.benzinga.com/files/images/story/2024/1728910817_0.png" alt="price target chart" />
<h2>Breaking Down Analyst Ratings: A Detailed Examination</h2>
The standing of Paymentus Holdings among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>David Koning</td>
<td>Baird</td>
<td>Raises</td>
<td>Outperform</td>
<td>$25.00</td>
<td>$24.00</td>
</tr>
<tr>
<td>Tien-Tsin Huang</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Neutral</td>
<td>$26.00</td>
<td>$21.00</td>
</tr>
<tr>
<td>David Koning</td>
<td>Baird</td>
<td>Raises</td>
<td>Outperform</td>
<td>$24.00</td>
<td>$23.00</td>
</tr>
<tr>
<td>Will Nance</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Neutral</td>
<td>$23.50</td>
<td>$21.00</td>
</tr>
<tr>
<td>David Koning</td>
<td>Baird</td>
<td>Raises</td>
<td>Outperform</td>
<td>$24.00</td>
<td>$23.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Paymentus Holdings. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Paymentus Holdings compared to the broader market.</li>
<li>Price Targets: Analysts predict movements in price targets, offering estimates for Paymentus Holdings's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
For valuable insights into Paymentus Holdings's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/PAY/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Paymentus Holdings analyst ratings.</a>
<h2>Discovering Paymentus Holdings: A Closer Look</h2>
Paymentus Holdings Inc provides electronic bill presentment and payment services, enterprise customer communication and self-service revenue management to billers and financial institutions through a Software-as-a-Service, (SaaS), secure, omni-channel technology platform. The platform integrates into a biller's core financial and operating systems to provide flexible and secure access to payment processing of credit cards, debit cards, eChecks and digital wallets across a number of channels including online, mobile, IVR, call center, chatbot and voice-based assistants. The Company generates revenue from payment transaction fees processed through the Company's platform. The fees are generated as a percentage of transaction value or a specified fee per transaction.
<h3>Paymentus Holdings: Delving into Financials</h3>
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
Revenue Growth: Paymentus Holdings's remarkable performance in 3 months is evident. As of 30 June, 2024, the company achieved an impressive revenue growth rate of 32.55%. This signifies a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Financials sector.
Net Margin: Paymentus Holdings's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of 4.74%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): Paymentus Holdings's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of 2.1%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): Paymentus Holdings's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 1.8%, the company showcases efficient use of assets and strong financial health.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.02.
<h2>The Basics of Analyst Ratings</h2>
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
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Analyst Ratings

Assessing Paymentus Holdings: Insights From 5 Financial Analysts

Baird analyst David Koning maintains Paymentus Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAY#NYSE">PAY</a>) with a Outperform and raises the price target from $24 to $25.

News

Price Target

Baird Maintains Outperform on Paymentus Holdings, Raises Price Target to $25

JP Morgan analyst Tien-Tsin Huang maintains Paymentus Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAY#NYSE">PAY</a>) with a Neutral and raises the price target from $21 to $26.

JP Morgan Maintains Neutral on Paymentus Holdings, Raises Price Target to $26

4 analysts have expressed a variety of opinions on Paymentus Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAY#NYSE">PAY</a>) over the past quarter, offering a diverse set of opinions from bullish to bearish.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $23.62, along with a high estimate of $24.00 and a low estimate of $23.00. This upward trend is apparent, with the current average reflecting a 4.98% increase from the previous average price target of $22.50.
<img src="https://www.benzinga.com/files/images/story/2024/1723723218_0.png" alt="price target chart" />
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
A clear picture of Paymentus Holdings's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>David Koning</td>
<td>Baird</td>
<td>Raises</td>
<td>Outperform</td>
<td>$24.00</td>
<td>$23.00</td>
</tr>
<tr>
<td>Will Nance</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Neutral</td>
<td>$23.50</td>
<td>$21.00</td>
</tr>
<tr>
<td>David Koning</td>
<td>Baird</td>
<td>Raises</td>
<td>Outperform</td>
<td>$24.00</td>
<td>$23.00</td>
</tr>
<tr>
<td>David Koning</td>
<td>Baird</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$23.00</td>
<td>$23.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Paymentus Holdings. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Paymentus Holdings compared to the broader market.</li>
<li>Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Paymentus Holdings's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
For valuable insights into Paymentus Holdings's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/PAY/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Paymentus Holdings analyst ratings.</a>
<h2>All You Need to Know About Paymentus Holdings</h2>
Paymentus Holdings Inc provides electronic bill presentment and payment services, enterprise customer communication and self-service revenue management to billers and financial institutions through a Software-as-a-Service, (SaaS), secure, omni-channel technology platform. The platform integrates into a biller's core financial and operating systems to provide flexible and secure access to payment processing of credit cards, debit cards, eChecks and digital wallets across a number of channels including online, mobile, IVR, call center, chatbot and voice-based assistants. The Company generates revenue from payment transaction fees processed through the Company's platform. The fees are generated as a percentage of transaction value or a specified fee per transaction.
<h3>Paymentus Holdings's Economic Impact: An Analysis</h3>
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
Revenue Growth: Paymentus Holdings displayed positive results in 3 months. As of 30 June, 2024, the company achieved a solid revenue growth rate of approximately 32.55%. This indicates a notable increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Financials sector.
Net Margin: Paymentus Holdings's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of 4.74%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Paymentus Holdings's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 2.1%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): Paymentus Holdings's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 1.8% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: Paymentus Holdings's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.02.
<h2>Analyst Ratings: What Are They?</h2>
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Scoreboard: 4 Ratings For Paymentus Holdings

Baird analyst David Koning maintains Paymentus Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAY#NYSE">PAY</a>) with a Outperform and raises the price target from $23 to $24.

Baird Maintains Outperform on Paymentus Holdings, Raises Price Target to $24

U.S. stocks were mixed, with the Dow Jones index gaining around 0.1% on Friday.
Shares of Expedia Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXPE#NASDAQ">EXPE</a>) rose sharply during Friday's session after the company reported<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/08/40288024/expedias-q2-triumph-analysts-highlight-vrbo-as-bright-spot-praise-growth-in-busines"> better-than-expected second-quarter financial results.</a>
Expedia Group reported quarterly earnings of $3.51 per share which beat the analyst consensus estimate of $3.06 per share. The company reported quarterly sales of $3.558 billion which beat the analyst consensus estimate of $3.534 billion.
Expedia Group shares jumped 9.4% to $129.02 on Friday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>Blend Labs, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLND#NYSE">BLND</a>) gained 32% to $3.55 after the company reported better-than-expected second-quarter financial results. Also, William Blair upgraded the stock from Market Perform to Outperform.</li>
<li>Doximity, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DOCS#NYSE">DOCS</a>) gained 31.6% to $33.82 after the company reported better-than-expected first-quarter financial results. Additionally, the company issued FY24 revenue guidance above estimates.</li>
<li>ADMA Biologics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADMA#NASDAQ">ADMA</a>) shares surged 29.5% to $15.80 after the company reported better-than-expected second-quarter financial results and raised its FY24 and FY25 revenue guidance above estimates.</li>
<li>Sweetgreen, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SG#NYSE">SG</a>) climbed 26.2% to $33.13 after the company reported better-than-expected second-quarter revenue results.</li>
<li>Evolent Health, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EVH#NYSE">EVH</a>) rose 24.2% to $25.92 after the company reported better-than-expected quarterly financial results. Also, Truist Securities upgraded the stock from Hold to Buy and raised its price target from $28 to $33.</li>
<li>Iovance Biotherapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IOVA#NASDAQ">IOVA</a>) gained 20.2% to $9.54 after the company reported better-than-expected second-quarter financial results and issued third-quarter product revenue guidance above estimates.</li>
<li>CarGurus, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CARG#NASDAQ">CARG</a>) gained 18.2% to $26.48 after the company reported better-than-expected second-quarter financial results and issued third-quarter non-GAAP EPS guidance above estimates.</li>
<li>IAMGOLD Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IAG#NYSE">IAG</a>) gained 15.6% to $4.2550 after the company reported better-than-expected second-quarter financial results.</li>
<li>Genpact Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/G#NYSE">G</a>) rose 14.9% to $37.23 after the company reported better-than-expected second-quarter financial results and issued FY24 revenue guidance above estimates. Also, the company raised its FY24 EPS guidance above estimates.</li>
<li>Paymentus Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAY#NYSE">PAY</a>) climbed 13.7% to $22.19 after the company reported better-than-expected second-quarter financial results and issued FY24 revenue guidance above estimates.</li>
<li>DigitalOcean Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DOCN#NYSE">DOCN</a>) rose 13.4% to $32.99 after the company reported better-than-expected second-quarter financial results and issued FY24 revenue guidance above estimates.</li>
<li>Rocket Lab USA, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RKLB#NASDAQ">RKLB</a>) gained 12.2% to $5.35 after the company reported better-than-expected second-quarter financial results. Also, the company announced it hot fired its new rocket engine Archimedes for the first time.</li>
<li>Akamai Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AKAM#NASDAQ">AKAM</a>) rose 11.3% to $101.91 after the company reported better-than-expected second-quarter financial results.</li>
<li>Avidity Biosciences, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RNA#NASDAQ">RNA</a>) gained 10.6% to $46.31.</li>
<li>The Trade Desk, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTD#NASDAQ">TTD</a>) rose 9.6% to $96.81 after the company reported better-than-expected second-quarter financial results and issued third-quarter revenue guidance above estimates. Also, Keybanc and Susquehanna raised their respective price targets on the stock.</li>
<li>DXC Technology Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DXC#NYSE">DXC</a>) climbed 7.2% to $19.64 after the company reported better-than-expected quarterly financial results..</li>
<li>Eli Lilly and Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LLY#NYSE">LLY</a>) gained 5.8% to $894.83.</li>
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Intraday Update

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Expedia Posts Upbeat Earnings, Joins Akamai Technologies, Trade Desk, DXC Technology And Other Big Stocks Moving Higher On Friday

Goldman Sachs analyst Will Nance maintains Paymentus Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAY#NYSE">PAY</a>) with a Neutral and raises the price target from $21 to $23.5.

Goldman Sachs Maintains Neutral on Paymentus Holdings, Raises Price Target to $23.5

WIIM

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.

Guidance

Paymentus Sees FY24 Revenue $770M-$780M Vs $748.99M Estimate

Payments Sees Q2 2024 $188M-$193M Vs $180.5M Estimate

Paymentus Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAY#NYSE">PAY</a>) reported quarterly earnings of $0.12 per share which beat the analyst consensus estimate of $0.09 by 33.33 percent. This is a 50 percent increase over earnings of $0.08 per share from the same period last year. The company reported quarterly sales of $197.422 million which beat the analyst consensus estimate of $180.569 million by 9.33 percent. This is a 32.55 percent increase over sales of $148.939 million the same period last year.

Earnings

Earnings Beats

Paymentus Holdings Q2 2024 Adj. EPS $0.12 Beats $0.09 Estimate, Sales $197.422M Beat $180.569M Estimate

Ivanhoe Electric (AMEX:IE) came out with a quarterly loss of $0.39 per share versus the Zacks Consensus Estimate of a loss of $0.34. This compares to loss of $0.41 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -14.71%. A quarter ago, it was expected that this mineral exploration company would post a loss of $0.34 per share when it actually produced earnings of $0.46, delivering a surprise of 235.29%.
Over the last four quarters, the company has surpassed consensus EPS estimates just once.
Ivanhoe Electric, which belongs to the Zacks Technology Services industry, posted revenues of $0.54 million for the quarter ended June 2024, missing the Zacks Consensus Estimate by 46.20%. This compares to year-ago revenues of $1.31 million. The company has not been able to beat consensus revenue estimates over the last four quarters.
The sustainability of the stock&#39;s immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management&#39;s commentary on the earnings call.
Ivanhoe Electric shares have lost about 28.6% since the beginning of the year versus the S&amp;P 500&#39;s gain of 9.9%.
<h2>What&#39;s Next for Ivanhoe Electric?</h2>
While Ivanhoe Electric has underperformed the market so far this year, the question that comes to investors&#39; minds is: what&#39;s next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company&#39;s earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Ivanhoe Electric: mixed. While the magnitude and direction of estimate revisions could change following the company&#39;s just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future.
It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is -$0.34 on $1.01 million in revenues for the coming quarter and -$1.18 on $3.69 million in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Technology Services is currently in the top 40% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, Paymentus (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/pay#NYSE">PAY</a>), has yet to report results for the quarter ended June 2024. The results are expected to be released on August 8.
This electronic bill payment services is expected to post quarterly earnings of $0.09 per share in its upcoming report, which represents a year-over-year change of +12.5%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Paymentus&#39; revenues are expected to be $180.91 million, up 21.5% from the year-ago quarter.
<a href="https://www.zacks.com/stock/news/2318158/ivanhoe-electric-ie-reports-q2-loss-misses-revenue-estimates?cid=CS-BENZ-FT-tale_of_the_tape|yseop_template_4-2318158">To read this article on Zacks.com click here.</a>

Earnings Misses

Small Cap

Ivanhoe Electric Reports Q2 Loss, Misses Revenue Estimates

Baird analyst David Koning upgrades Paymentus Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAY#NYSE">PAY</a>) from Neutral to Outperform and maintains the price target from $23 to $23.

Upgrades

Baird Upgrades Paymentus Holdings to Outperform, Maintains Price Target to $23

Ratings for Paymentus Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAY#NYSE">PAY</a>) were provided by 5 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $22.1, a high estimate of $23.00, and a low estimate of $21.00. Witnessing a positive shift, the current average has risen by 9.41% from the previous average price target of $20.20.
<img src="https://www.benzinga.com/files/images/story/2024/1720443660_0.png" alt="price target chart" />
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
The analysis of recent analyst actions sheds light on the perception of Paymentus Holdings by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Rebecca Lu</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Neutral</td>
<td>$22.00</td>
<td>$20.00</td>
</tr>
<tr>
<td>Andrew Bauch</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$21.00</td>
<td>$19.00</td>
</tr>
<tr>
<td>David Koning</td>
<td>Baird</td>
<td>Raises</td>
<td>Neutral</td>
<td>$23.00</td>
<td>$22.00</td>
</tr>
<tr>
<td>Will Nance</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Neutral</td>
<td>$22.50</td>
<td>$20.00</td>
</tr>
<tr>
<td>David Koning</td>
<td>Baird</td>
<td>Raises</td>
<td>Neutral</td>
<td>$22.00</td>
<td>$20.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Paymentus Holdings. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Paymentus Holdings compared to the broader market.</li>
<li>Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.</li>
</ul>
Capture valuable insights into Paymentus Holdings's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/PAY/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Paymentus Holdings analyst ratings.</a>
<h2>Get to Know Paymentus Holdings Better</h2>
Paymentus Holdings Inc provides electronic bill presentment and payment services, enterprise customer communication and self-service revenue management to billers and financial institutions through a Software-as-a-Service, (SaaS), secure, omni-channel technology platform. The platform integrates into a biller's core financial and operating systems to provide flexible and secure access to payment processing of credit cards, debit cards, eChecks and digital wallets across a number of channels including online, mobile, IVR, call center, chatbot and voice-based assistants. The Company generates revenue from payment transaction fees processed through the Company's platform. The fees are generated as a percentage of transaction value or a specified fee per transaction.
<h3>A Deep Dive into Paymentus Holdings's Financials</h3>
Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.
Positive Revenue Trend: Examining Paymentus Holdings's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 24.64% as of 31 March, 2024, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Financials sector.
Net Margin: Paymentus Holdings's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of 3.91%, the company may face hurdles in effective cost management.
Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of 1.66%, the company may need to address challenges in generating satisfactory returns for shareholders.
Return on Assets (ROA): Paymentus Holdings's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 1.42% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: Paymentus Holdings's debt-to-equity ratio is below the industry average. With a ratio of 0.02, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
<h2>The Basics of Analyst Ratings</h2>
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Beyond The Numbers: 5 Analysts Discuss Paymentus Holdings Stock

U.S. stocks were mixed, with the Dow Jones index gaining around 300 points on Monday.
Shares of ResMed Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RMD#NYSE">RMD</a>) fell sharply during Monday's session following sleep apnea data from Lilly.
Citigroup analyst Mathieu Chevrier downgraded ResMed from Buy to Neutral.
ResMed shares dipped 10.4% to $184.35 on Monday.
Here are some other big stocks recording gains in today&#8217;s session.
<ul>
<li>Molecular Partners AG (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MOLN#NASDAQ">MOLN</a>) shares dipped 22.6% to $7.43.</li>
<li>Cryoport, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CYRX#NASDAQ">CYRX</a>) fell 19.9% to $7.77. Cryoport announced a strategic partnership with Minaris Regenerative Medicine for cell and gene therapies advancement.</li>
<li>BridgeBio Pharma, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BBIO#NASDAQ">BBIO</a>) dipped 19.2% to $22.11.</li>
<li>BitFuFu Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FUFU#NASDAQ">FUFU</a>) fell 17.7% to $5.11. Shares of crypto stocks traded lower after Bitcon fell below $62,000.</li>
<li>Inspire Medical Systems, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/INSP#NYSE">INSP</a>) declined 15% to $136.88. Stifel analyst Jonathan Block maintained Inspire Medical Systems with a Hold and lowered the price target from $210 to $170.</li>
<li>Ginkgo Bioworks Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DNA#NYSE">DNA</a>) fell 13% to $0.3661.</li>
<li>MicroStrategy Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) dipped 10.3% to $1,328.74 after Bitcon fell below $62,000.</li>
<li>Paymentus Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAY#NYSE">PAY</a>) fell 9.3% to $16.97.</li>
<li>Super Micro Computer, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) fell 8.5% to $827.94.</li>
<li>Sirius XM Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SIRI#NASDAQ">SIRI</a>) fell 8% to $2.6950. Evercore ISI Group upgraded the stock from Underperform to In-Line but lowered its price target from $4.25 to $3.25.</li>
<li>Coinbase Global, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>) dipped 7.7% to $208.51 after the price of Bitcoin fell below $62,000.</li>
<li>NVIDIA Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) fell 5.8% to $119.11. The stock may be pulling back after recent momentum.</li>
</ul>
Now Read This: <a href="https://www.benzinga.com/news/24/06/39453524/mcdonalds-alphabet-and-2-other-stocks-insiders-are-selling">McDonald&#8217;s, Alphabet And 2 Other Stocks Insiders Are Selling</a>

BBIO

COIN

CYRX

FUFU

INSP

MOLN

MSTR

NVDA

SIRI

SMCI

ResMed, Coinbase Global, Nvidia And Other Big Stocks Moving Lower On Monday

For those looking to find strong Business Services stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Spotify (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/spot#NYSE">SPOT</a>) one of those stocks right now? By taking a look at the stock&#39;s year-to-date performance in comparison to its Business Services peers, we might be able to answer that question.
Spotify is a member of the Business Services sector. This group includes 316 individual stocks and currently holds a Zacks Sector Rank of #5. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. Spotify is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past three months, the Zacks Consensus Estimate for SPOT&#39;s full-year earnings has moved 39.5% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the latest available data, SPOT has gained about 64.9% so far this year. Meanwhile, the Business Services sector has returned an average of 6.7% on a year-to-date basis. As we can see, Spotify is performing better than its sector in the calendar year.
Paymentus (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/pay#NYSE">PAY</a>) is another Business Services stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 8.2%.
In Paymentus&#39; case, the consensus EPS estimate for the current year increased 11.5% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Spotify belongs to the Technology Services industry, which includes 173 individual stocks and currently sits at #68 in the Zacks Industry Rank. On average, this group has gained an average of 20.7% so far this year, meaning that SPOT is performing better in terms of year-to-date returns. Paymentus is also part of the same industry.
Spotify and Paymentus could continue their solid performance, so investors interested in Business Services stocks should continue to pay close attention to these stocks.
<a href="https://www.zacks.com/stock/news/2290374/is-spotify-technology-spot-stock-outpacing-its-business-services-peers-this-year?cid=CS-BENZ-FT-tale_of_the_tape|yseop_template_1-2290374">To read this article on Zacks.com click here.</a>

SPOT

Is Spotify Technology Stock Outpacing Its Business Services Peers This Year?

Warren Buffett once said, &quot;You pay a very high price in the stock market for a cheery consensus.&quot; Yet, the higher the price one pays for a stock, the lower the return one can expect. Successful investing is about buying stocks cheap and then have others agree with you. True to form, investors have always looked to buy shares at a low price and sell them high, which is the very definition of making money in the stock market.
Over the past year and a half, the markets have been rebounding from the vagaries of 2022, primarily based on tech recovery built on AI optimism. For first-time investors or ones who want an entry point into the market without putting a lot at stake, the time feels right. Inflation, which was stubbornly high in 2024, also eased in April, thereby uplifting the mood in the stock markets.
Inflation in April rose less than expected, signaling a downward trend. Per the Bureau of Labor Statistics, the Consumer Price Index increased 0.3% over March. Annually, CPI rose 3.4%, following a 3.5% rise in March. This marks the first month of slowing annual data since January 2024, after peaking at 9.1% in June 2022.
Core CPI, which does not take into account food and energy costs and is usually considered a better indicator of underlying inflation, also gained 0.3% in April. Core CPI increased 3.6%, the lowest year-over-year gain since April 2021, down from 3.8% in March.
Also, market participants are currently pricing in at least two rate cuts in 2024, with the first one in September. Crucially, retail sales were flat in April, suggesting cooling domestic demand, which aligns with the Fed&#39;s goal of weakening demand to control price pressures. This means investors are going to have spare change at their disposal, and they might be looking for cheap stocks to invest in. Also, with the market rebounding and sustaining that momentum for the time being, buying cheap stocks with good prospects might lead to a fast price rise if the choices are judicious.
<h3>Our Choices</h3>
We have, thus, selected four stocks below the $20 dollar price-point for this purpose. These stocks below flaunt a Zacks Rank #1 (Strong Buy) or #2 (Buy). The search was also narrowed down with a VGM Score of A or B. Here V stands for Value, G for Growth and M for Momentum; the score is a weighted combination of these three metrics. Such a score allows you to eliminate the negative aspects of stocks and select winners.
Gold Fields Limited (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gfi#NYSE">GFI</a>) is a gold producer with reserves and resources spread across globally.
Gold Fields&#39; expected earnings growth rate for the current year is 50.5%. The Zacks Consensus Estimate for its current-year earnings has improved 21.7% over the past 60 days. The company has a Zacks Rank #1 and a VGM Score of B. It is currently priced at a lucrative $16.80.
Canada Goose Holdings Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/goos#NYSE">GOOS</a>) is a manufacturer of performance luxury apparel for men, women, youth, children and babies worldwide.
Canada Goose&#39;s expected earnings growth rate for the current year is 13.7%. The Zacks Consensus Estimate for its current-year earnings has improved 6.4% over the past 60 days. The company has a Zacks Rank #1 and a VGM Score of A. It is currently priced at a lucrative $13.12.
Paymentus Holdings, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/pay#NYSE">PAY</a>) is a cloud-based payment technology and solutions company.
Paymentus&#39; expected earnings growth rate for the current year is 18.8%. The Zacks Consensus Estimate for its current-year earnings has improved 8.6% over the past 60 days. The company has a Zacks Rank #2 and a VGM Score of B. It is currently priced at a lucrative $18.61.
Hamilton Insurance Group, Ltd. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hg#NYSE">HG</a>) is an underwriting specialty insurance and reinsurance company.
Hamilton Insurance&#39;s expected earnings growth rate for the current year is 40.6%. The Zacks Consensus Estimate for its current-year earnings has improved 29.4% over the past 60 days. The company has a Zacks Rank #1 and a VGM Score of A. It is currently priced at a lucrative $16.46.
<h3>Bottom Line</h3>
We often see stocks that do not promise much today but get a bump in share price tomorrow. Alternately, some promising stocks do not win over the stock market in the long run. Therefore, the decision of zeroing in on which cheap stock to opt for becomes a significant one. We believe that the stocks mentioned above have strong growth prospects and will allow investors to generate handsome returns in a short space of time.
<a href="https://www.zacks.com/stock/news/2276511/4-under-20-stocks-to-bet-on-as-inflation-subsides?cid=CS-BENZ-FT-analyst_blog|investment_ideas-2276511">To read this article on Zacks.com click here.</a>

Financial Advisors

Commodities

Federal Reserve

Tech

Personal Finance

GOOS

4 Under $20 Stocks to Bet on as Inflation Subsides

Shares of Beyond, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BYON#NYSE">BYON</a>) fell sharply during Tuesday&#8217;s session following weaker-than-expected <a href="https://www.benzinga.com/quote/BYON">quarterly results</a>.
Beyond posted adjusted loss of $1.22 per share, versus estimates for a loss of 87 cents per share. The company&#8217;s sales came in at $382.281 million versus estimates of $389.264 million, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
Beyond shares dipped 20.8% to $17.34 on Tuesday.
Here are some other stocks moving in today&#8217;s mid-day session.
<h3 class="wp-block-heading">Gainers</h3>
<ul>
<li>Golden Sun Health Technology Group Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GSUN#NASDAQ">GSUN</a>) shares gained 94.7% to $5.60. Golden Sun Health Technology Group regained compliance with Nasdaq continued listing requirement.</li>
<li>MMTec, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MTC#NASDAQ">MTC</a>) gained 79.1% to $4.1189.</li>
<li>Nuwellis, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NUWE#NASDAQ">NUWE</a>) shares climbed 50.5% to $0.2572 after the company posted a narrower-than-expected quarterly loss.</li>
<li>Great Lakes Dredge &amp; Dock Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLDD#NASDAQ">GLDD</a>) rose 31.5% to $9.26 following better-than-expected first-quarter financial results.</li>
<li>American Strategic Investment Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NYC#NYSE">NYC</a>) jumped 29.6% to $7.52.</li>
<li>Motorsport Games Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSGM#NASDAQ">MSGM</a>) gained 29.2% to $2.9493. Motorsport Games is expected to report its financial results for the first quarter of 2024 on Tuesday, May 7.</li>
<li>FibroGen, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FGEN#NASDAQ">FGEN</a>) surged 28.7% to $1.4899 after the company reported mixed first quarter financial results.</li>
<li>Bioventus Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BVS#NASDAQ">BVS</a>) rose 26.7% to $5.07 after the company reported better-than-expected first-quarter financial results and raised its FY24 guidance above estimates.</li>
<li>reAlpha Tech Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIRE#NASDAQ">AIRE</a>) gained 25.1% to $1.0699 after the company announced the completion of its previously announced acquisition of Naamche.</li>
<li>Dave Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAVE#NYSE">DAVE</a>) gained 25% to $58.20 after the company reported better-than-expected first-quarter financial results and issued FY24 operating revenue.</li>
<li>Clearmind Medicine Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMND#NASDAQ">CMND</a>) surged 24.8% to $1.46 after the company signed an exclusive patent licensing agreement with Yissum Research Development Company.</li>
<li>Thoughtworks Holding, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TWKS#NASDAQ">TWKS</a>) jumped 22% to $3.0750 after the company issued strong guidance.</li>
<li>The Real Brokerage Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REAX#NASDAQ">REAX</a>) gained 21.5% to $5.07 following strong quarterly sales.</li>
<li>Global Self Storage, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SELF#NASDAQ">SELF</a>) rose 21.2% to $5.05.</li>
<li>Zeta Global Holdings Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZETA#NASDAQ">ZETA</a>) rose 21% to $15.72 after the company reported better-than-expected first-quarter financial results and increased its second-quarter revenue guidance.</li>
<li>Jumia Technologies AG (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JMIA#NASDAQ">JMIA</a>) climbed 19.3% to $6.53 after the company reported a year-over-year increase in first-quarter revenue results.</li>
<li>Bandwidth Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BAND#NASDAQ">BAND</a>) gained 19.2% to $24.45 after the company reported better-than-expected first-quarter financial results and issued FY24 revenue guidance above estimates.</li>
<li>ADTRAN Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADTN#NASDAQ">ADTN</a>) climbed 18.4% to $5.58 following upbeat quarterly results.</li>
<li>Jumia Technologies AG (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JMIA#NASDAQ">JMIA</a>) gained 18.3% to $6.47 after the company reported a year-over-year increase in first-quarter revenue results.</li>
<li>Ambac Financial Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMBC#NYSE">AMBC</a>) shares rose 16.5% to $17.64 following better-than-expected first-quarter earnings.</li>
<li>FibroGen, Inc.  (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FGEN#NASDAQ">FGEN</a>) gained 15.5% to $1.34 after the company reported mixed first-quarter financial results.</li>
<li>Sterling Infrastructure, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STRL#NASDAQ">STRL</a>) rose 15.1% to $121.27 after the company reported better-than-expected first-quarter financial results.</li>
<li>Coca-Cola Consolidated, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COKE#NASDAQ">COKE</a>) jumped 14.5% to $981.96 following first-quarter results.</li>
<li>Fabrinet (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FN#NYSE">FN</a>) gained 14% to $215.29 after the company reported better-than-expected third-quarter financial results and issued fourth-quarter adjusted EPS guidance above estimates.</li>
<li>J&amp;J Snack Foods Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JJSF#NASDAQ">JJSF</a>) gained 13.5% to $156.51 following better-than-expected quarterly results.</li>
<li>Artivion, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AORT#NYSE">AORT</a>) gained 13.4% to $23.90 following strong quarterly results.</li>
<li>EverQuote, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EVER#NASDAQ">EVER</a>) gained 12.7% to $24.09 after the company reported better-than-expected first quarter financial results and issued second quarter revenue guidance above estimates.</li>
<li>Air Transport Services Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ATSG#NASDAQ">ATSG</a>) rose 12.7% to $14.94 following upbeat earnings.</li>
<li>Surgery Partners, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SGRY#NASDAQ">SGRY</a>) gained 9.3% to $27.98 following upbeat earnings.</li>
<li>Crocs, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CROX#NASDAQ">CROX</a>) climbed 8.6% to $137.52 following first quarter financial results.</li>
<li>Symbotic Inc.  (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SYM#NYSE">SYM</a>) shares rose 8.1% to $45.33 after the company reported mixed second-quarter financial results.</li>
<li>UBS Group AG (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBS#NYSE">UBS</a>) shares gained 8% to $29.81 after the company posted better-than-expected results for its first quarter.</li>
<li>Hims &amp; Hers Health, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HIMS#NYSE">HIMS</a>) shares gained 6.9% to $12.45 after the company reported better-than-expected first-quarter financial results and issued FY24 revenue guidance above estimates.</li>
</ul>
<h3 class="wp-block-heading">Losers</h3>
<ul>
<li>Holdco Nuvo Group D.G Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NUVO#NASDAQ">NUVO</a>) fell 39.2% to $3.1999 after jumping 157% on Monday.</li>
<li>The Real Good Food Company, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGF#NASDAQ">RGF</a>) dipped 32.6% to $0.5312.</li>
<li>Neuronetics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STIM#NASDAQ">STIM</a>) fell 32.5% to $2.5281 following quarterly results.</li>
<li>AgriFORCE Growing Systems Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AGRI#NASDAQ">AGRI</a>) shares fell 27.4% to $0.1048 after the company announced an offering of 432.5 million shares by selling stockholders.</li>
<li>Strong Global Entertainment, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SGE#NYSE">SGE</a>) fell 27.4% to $1.9201. Fundamental Global announced acquisition of Strong/MDI Screen Systems, Inc. by FG Acquisition Corp. at a $30 million valuation.</li>
<li>GreenPower Motor Company Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GP#NASDAQ">GP</a>) shares declined 25.6% to $1.35 after the company reported pricing of $2.3 million underwritten public offering.</li>
<li>JELD-WEN Holding, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JELD#NYSE">JELD</a>) fell 23.5% to $14.56 as the company posted downbeat quarterly sales and lowered 2024 revenue guidance.</li>
<li>Oriental Culture Holding LTD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OCG#NASDAQ">OCG</a>) dipped 22.6% to $1.2001.</li>
<li>BT Brands, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BTBD#NASDAQ">BTBD</a>) fell 21.4% to $1.25.</li>
<li>Plutonian Acquisition Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTN#NASDAQ">PLTN</a>) shares fell 19.3% to $11.41 after surging 57% on Monday.</li>
<li>Talkspace, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TALK#NASDAQ">TALK</a>) fell 18.3% to $2.60 following first-quarter results.</li>
<li>Helius Medical Technologies, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HSDT#NASDAQ">HSDT</a>) shares declined 16.2% to $2.03 after the company announced pricing of $6.4 million public offering.</li>
<li>Paymentus Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAY#NYSE">PAY</a>) fell 15.5% to $18.76 following first-quarter results.</li>
<li>Myers Industries, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MYE#NYSE">MYE</a>) declined 15.5% to $19.43 following first-quarter results.</li>
<li>Builders FirstSource, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLDR#NYSE">BLDR</a>) dipped 15.4% to $170.00 following first-quarter earnings.</li>
<li>Palantir Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) fell 14.3% to $21.56 following soft revenue guidance.</li>
<li>AudioCodes Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AUDC#NASDAQ">AUDC</a>) shares fell 13% to $9.89 after the company reported worse-than-expected <a href="https://www.benzinga.com/quote/AUDC/earnings">first-quarter financial results</a></li>
<li>First Watch Restaurant Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FWRG#NASDAQ">FWRG</a>) dipped 12.6% to $21.96 following weak quarterly sales.</li>
<li>Teradata Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TDC#NYSE">TDC</a>) dipped 11.4% to $33.63 after the company reported mixed first-quarter financial results and issued second-quarter guidance.</li>
<li>Lucid Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LCID#NASDAQ">LCID</a>) shares fell 11.2% to $2.71 after the company reported mixed first-quarter financial results.</li>
<li>The Walt Disney Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>) dipped 9.6% to $105.28 following a second-quarter revenue miss.</li>
<li>Methode Electronics, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MEI#NYSE">MEI</a>) fell 9.4% to $11.37. Methode Electronics named Kevin Nystrom as interim CEO, effective immediately.</li>
<li>Datadog, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DDOG#NASDAQ">DDOG</a>) fell 8.9% to $115.57 following first-quarter results.</li>
<li>Air Lease Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AL#NYSE">AL</a>) dipped 7.8% to $47.49 following weak quarterly sales.</li>
<li>Perrigo Company plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PRGO#NYSE">PRGO</a>) fell 6.3% to $31.32 following weak quarterly sales.</li>
</ul>
Now Read This: <a href="https://www.benzinga.com/news/earnings/24/05/38670858/dow-surges-over-50-points-disney-earnings-top-views">Dow Surges Over 50 Points; Disney Earnings Top Views</a>

ADTN

AGRI

AIRE

AMBC

AORT

ATSG

AUDC

BAND

BLDR

BTBD

BYON

CMND

COKE

CROX

DAVE

DDOG

EVER

FGEN

FWRG

GLDD

GSUN

Hims & Hers Health, Inc. Class A Common Stock

HIMS

HSDT

JELD

JJSF

JMIA

LCID

MSGM

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NUWE

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REAX

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ZETA

Why Beyond Shares Are Trading Lower By Over 20%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session

Paymentus Holdings shares are trading lower following Q1 earnings.

Paymentus: Long Growth Runway Ahead

Paymentus stock rises as Baird upgrades to Outperform

ClearBridge Select Strategy Q2 2024 Commentary

Paymentus Q2 2024 Earnings Preview

Paymentus Holdings, Inc. 2024 Q2 - Results - Earnings Call Presentation

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Paymentus Holdings (NYSE:<a href="https://investorplace.com/stock-quotes/pay-stock-quote/">PAY</a>) just reported results for the second quarter of 2024.<ul><li>Paymentus Holdings reported earnings per share of 12 cents. This was above the analyst estimate for EPS of 9 cents.</li><li>The company reported revenue of $197.42 million.</li><li>This was 9.33% better than the analyst estimate for revenue of $180.57 million.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div><h3>More From InvestorPlace</h3>
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						<a href="https://investorplace.com/2024/04/legendary-investor-predicts-forget-a-i-this-technology-is-the-future/?cid=MKT794457&amp;eid=MKT802109">Legendary Investor Predicts: &ldquo;Forget AI... THIS Technology Is the Future&rdquo;</a>
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									</ul>The post <a href="https://investorplace.com/earning-results/2024/08/pay-stock-earnings-paymentus-holdings-for-q2-of-2024/">PAY Stock Earnings: Paymentus Holdings Beats EPS, Beats Revenue for Q2 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

PAY Stock Earnings: Paymentus Holdings Beats EPS, Beats Revenue for Q2 2024

Paymentus Holdings, Inc. (PAY) Q2 2024 Earnings Call Transcript

Paymentus Non-GAAP EPS of $0.12 beats by $0.03, revenue of $197.42M beats by $22.08M

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
In the market as in life, you get what you pay for. And that means stocks under $20 present a tricky narrative. Understandably, the topic gets plenty of traction. The biggest blue-chip enterprises tend to command three-digit price tags, if not greater. It just leaves regular folks on the outside looking in, especially if they don&rsquo;t have access to fractional equity capabilities.



To remedy this situation, some investors turn to cheap securities. However, the problem with this approach is that sometimes (many times), cheap valuations become even cheaper. When an organization prints gobs of red ink, there&rsquo;s usually a reason for it &mdash; and typically not a good one. Thus, it&rsquo;s more prudent to stick with quality names.



However, modestly priced equities have their place. Besides, with thousands upon thousands of opportunities available, it&rsquo;s practically impossible to cover all of them adequately. Some ideas simply fall through the cracks. These stocks under $20 deserve a closer inspection.



<h2>Innodata (INOD)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2023/05/ai-stocks1600-6-300x169.png" alt="Business growth concept. Businessman using AI, global business network, data analysis of financial and banking, AI stocks, business strategy, technology and data connection, security, networking. AI stocks to watch"><div>Source: Gmx Pixel / Shutterstock.com</div></div>A data engineering specialist, Innodata (NASDAQ:<a href="https://investorplace.com/stock-quotes/inod-stock-quote/">INOD</a>) also focuses on digital transformation and artificial intelligence. The company helps organizations extract utility out of their data for superior decision-making and efficiency. Further, its leveraging of AI should make INOD stock an intriguing idea for speculators.



One of the smaller enterprises, Innodata has enjoyed a strong performance this year. Nevertheless, it&rsquo;s prone to wild trading activity. Although INOD stock has witnessed volatility in recent sessions, its sales multiple is elevated at 4.8X. In contrast, in the prior year, the average price-to-sales ratio sat at 3.02X.



Still, patient speculators should keep INOD on their watchlist of stocks under $20. For fiscal 2024, analysts believe that <a href="https://finance.yahoo.com/quote/inod/analysis">sales may reach $121.57 million</a>. During the trailing 12 months (TTM), the company generated revenue of $94.44 million. In the following year, sales could hit just over $157 million.



Assuming a shares outstanding count of 28.75 million, INOD is trading around 2.8X projected 2025 sales. That makes it an even more tempting offer.



<h2>ReposiTrak (TRAK)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/07/supply-chain-300x169.jpg" alt="image of supply chain."><div>Source: Shutterstock</div></div>Focused on asset tracking and management solutions, ReposiTrak (NASDAQ:<a href="https://investorplace.com/stock-quotes/trak-stock-quote/">TRAK</a>) offers robust acumen in the Internet of Things (or IoT) and cloud-based solutions. With machines increasingly communicating with each other, ReposiTrak enjoys strong relevance. Also, the company&rsquo;s services can help foster operational efficiencies for its enterprise-level customers.



At the moment, TRAK stock carries a trailing-year sales multiple of 15.95X. That&rsquo;s quite high. During the first quarter of this year, the equity averaged 15.07X. Overall, in the past year, the stat came out to an average of 10.84X.



That said, the lone expert that&rsquo;s covering the company believes that fiscal 2024 sales may hit $20.34 million. If so, that would imply a 6.5% lift from last year&rsquo;s print of $19.1 million. In the following year, revenue <a href="https://finance.yahoo.com/quote/trak/analysis">could rise again to $23.02 million</a>. That would translate to a growth rate of 13.2% from projected 2024 sales.



Presently, ReposiTrak features a shares outstanding count of 18.22 million. Should this stat hold true, TRAK would trade at 13.4X next year&rsquo;s revenue. That&rsquo;s still hot but the trend is moving in the right direction. Thus, it&rsquo;s one of the stocks under $20 to watch.



<h2>Paymentus (PAY)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/04/digital-payment-300x169.jpg" alt="A concept image of mobile payment with a smart phone for a cup of coffee. affordable payment stocks"><div>Source: Shutterstock</div></div>A cloud-based bill payment technology, Paymentus (NYSE:<a href="https://investorplace.com/stock-quotes/pay-stock-quote/">PAY</a>) offers financial technology (fintech) services for businesses and institutions. It&rsquo;s an important player among stocks under $20 thanks to its ability to foster efficient and secure payment processing. Increasingly, transactions are conducted online and therefore demand for digital conveniences should only rise.



Despite the relevancies, PAY stock is trading at a relatively reasonable valuation. Currently, shares exchange hands at 3.77X sales. During Q1, this stat averaged a lofty 4.63X. In the previous quarter, the metric was 3.81X. Overall, in the past year, the multiple landed on average at 3.64X.



Moving forward, analysts anticipate significant business expansion. In fiscal 2024, sales could rise to $749 million, up 21.9% from last year&rsquo;s print of $614.49 million. In the following year, revenue might hit $889.27 million. Further, the <a href="https://finance.yahoo.com/quote/pay/analysis">high-side estimate calls for $907.22 million</a>.



Assuming a shares outstanding count of 21.91 million, PAY stock would be trading at 0.47X projected 2025 high-side sales. That might be too good of a deal for some speculators to pass up.



<h2>ACM Research (ACMR)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/02/acmr-stock-1-300x169.jpg" alt="a magnifying glass enlarges the ACM logo on a website"><div>Source: Pavel Kapysh / Shutterstock.com</div></div>A semiconductor specialist that specializes in process equipment, ACM Research (NASDAQ:<a href="https://investorplace.com/stock-quotes/acmr-stock-quote/">ACMR</a>) offers innovative solutions that help boost the efficiency and performance of semiconductor manufacturing. While it&rsquo;s not the most popular idea in terms of brand awareness, ACM offers critical &ldquo;background&rdquo; services.



Enticingly, ACMR stock trades around 1.84X revenue. In Q1, the sales multiple averaged 3.39X. Throughout the past year, the premium stood at 2.71X. Therefore, shares of the tech specialist can be had for a relative discount. It&rsquo;s also worth pointing out that ACMR trades at 1.46X book value, below the prior year average of 1.85X.



Looking out to year&rsquo;s end, covering experts believe that sales may soar to $710.11 million. If so, that would represent a lift of 27.3% from last year&rsquo;s haul of $557.72 million. And in fiscal 2025, revenue could reach $872.19 million, with a <a href="https://finance.yahoo.com/quote/acmr/analysis">high-side estimate of $984.8 million</a>.



Assuming a shares outstanding count of 56.99 million, ACMR is trading at 1.13X 2025 high-end sales. It makes a tempting case for stocks under $20.



<h2>McEwen Mining (MUX)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/gold1600c-300x169.jpg" alt="Gold nuggets on top of American paper money representing gold stocks"><div>Source: Shutterstock</div></div>Based in Canada, McEwen Mining (NYSE:<a href="https://investorplace.com/stock-quotes/mux-stock-quote/">MUX</a>) engages in the exploration, development and production of gold, silver and copper. Fundamentally, McEwen is attractive due to potential monetary policy pivots. If the Federal Reserve lowers the benchmark interest rate, that could be net positive for precious metals and core commodities. That should help MUX stock.



Right now, the mining firm features a price-to-sales ratio of 2.23. That&rsquo;s lower than the <a href="https://fullratio.com/ps-ratio-by-industry">gold sector&rsquo;s average multiple of 2.61X</a>. Further, in Q1 of this year, the metric stood at 2.82X. In the prior year, the stat averaged 2.68X. This implies that McEwen could grow into its prior valuation given the right catalyst. That could come in the form of interest rate cuts.



Notably, analysts believe that by the end of the current fiscal year, revenue could rise to $303.92 million. If so, that would imply a growth rate of 33.8% from last year&rsquo;s haul of $227.22 million. In the following year, <a href="https://finance.yahoo.com/quote/mux/analysis">sales could move up to $319.43 million</a>, with a high-side view of $524.02 million.



Thanks to the projected expansion of the business, MUX ranks among the stocks under $20.



<h2>Vaalco Energy (EGY)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/oil1600h-300x169.jpg" alt="miniature oil barrel and oil well figures on top of stack of money"><div>Source: Shutterstock</div></div>A hydrocarbon energy specialist, Vaalco Energy (NYSE:<a href="https://investorplace.com/stock-quotes/egy-stock-quote/">EGY</a>) engages in the exploration, development and production of crude oil and natural gas. Also known as the upstream component of the hydrocarbon value chain, Vaalco may enjoy increased demand due mainly to geopolitical flashpoints. Such conflicts may spill over and disrupt global oil inventories, which could cynically boost demand for EGY stock.



Right now, shares trade hands at 1.64X sales. To be sure, this stat comes at a premium relative to the prior year&rsquo;s average multiple of 1.07X. However, the upstream oil and gas sector features an average multiple of 1.93X. Therefore, EGY stock potentially has more room to grow.



Where the narrative gets a bit tricky is projections for this fiscal year. The consensus view calls for sales of $407.05 million. However, that&rsquo;s down almost 11% from last year&rsquo;s print of $455.07 million. Nevertheless, the high-side view calls for a <a href="https://finance.yahoo.com/quote/egy/analysis">top line of $494.8 million</a>. Further, the optimists are modeling for fiscal 2025 revenue to hit $567.05 million.



If anything, Vaalco is one of the best stocks under $20 if you want to hedge against an energy crisis.



<h2>Coursera (COUR)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/10/coursera-300x169.jpg" alt="The app page for Coursera is displayed on a smartphone screen with a website in the background."><div>Source: Postmodern Studio / Shutterstock.com</div></div>One of the riskiest ideas to consider among stocks under $20, Coursera (NYSE:<a href="https://investorplace.com/stock-quotes/cour-stock-quote/">COUR</a>) will be criticized for being a falling knife. Further, the rise of AI supposedly threatens the business model. However, I have a different view. The company specializes in providing an online learning platform. It&rsquo;s not just about acquiring new skills: Coursera offers professional certifications and college degree credits.



In other words, the company offers advantages that AI can&rsquo;t touch. That said, I&rsquo;m not na&iuml;ve to the heavy losses that COUR stock incurred since makings its public market debut. Nevertheless, it appears that since June, Coursera has been charting a series of higher lows. I don&rsquo;t want to jump ahead of myself but there could be a growth opportunity here.



Analysts are looking at revenue of just under $700 million by the end of this fiscal year. If so, that would be up 10.1% from last year&rsquo;s print of $635.76 million. Further, fiscal 2025 revenue could soar to $786.82 million, up 12.4% from projected 2024 sales.



With the right catalysts, COUR could fly. It&rsquo;s worth keeping on the radar.



On the date of publication, Josh Enomoto did not have (either directly or indirectly) any positions in the securities mentioned in this article.&nbsp;The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.
<div>A former senior business analyst for Sony Electronics, Josh Enomoto has helped broker major contracts with Fortune Global 500 companies. Over the past several years, he has delivered unique, critical insights for the investment markets, as well as various other industries including legal, construction management, and healthcare. Tweet him at @EnomotoMedia.</div><h3>More From InvestorPlace</h3>
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The post <a href="https://investorplace.com/2024/08/7-under-20-stock-picks-that-need-to-be-on-your-radar/">7 Under-$20 Stock Picks That Need to Be on Your Radar</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

7 Under-$20 Stock Picks That Need to Be on Your Radar

Companies in Fin-Tech that would be impacted by a 100 basis point fall in floating rates

AAPL

ACMR

ARKF

ARKK

AVDX

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BPAY

CASY

CFCV

COTY

CPAY

CYBR

FDIG

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FTNT

INFR

INOD

IPAY

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LRGE

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YLDE

Press Releases

Paymentus to Report First Quarter 2024 Earnings Results and Host Webcast on May 6, 2024

Paymentus Reports First Quarter 2024 Financial Results

Paymentus to Participate in Upcoming May and June Investor Conferences

Paymentus to Report Second Quarter 2024 Earnings Results and Host Webcast on August 8, 2024

Paymentus Reports Second Quarter 2024 Financial Results

Paymentus to Participate in Upcoming August Investor Conferences

Paymentus to Participate in Goldman Sachs Communacopia + Technology Conference

Paymentus to Bring Advanced Billing and Payments Capabilities to Altera Digital Health Solutions

Paymentus Accelerates Digital Disbursements for Insurance Claims Payouts

Paymentus to Report Third Quarter 2024 Earnings Results and Host Webcast on November 12, 2024

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