3.63BMarket Cap29.94P/E (TTM)
10.450High9.930Low5.75MVolume9.930Open9.950Pre Close58.83MTurnover2.00%Turnover Ratio42.42P/E (Static)356.61MShares11.29052wk High4.99P/B2.92BFloat Cap4.22052wk Low--Dividend TTM286.92MShs Float14.500Historical High--Div YieldTTM5.23%Amplitude3.325Historical Low10.238Avg Price1Lot Size
Payoneer Global Stock Forum
What's wrong with software sector?
Positive
Record quarterly revenue of $248.3 million, up 19% YoY
Net income increased 224% YoY to $41.6 million
B2B volume grew 57% YoY to $2.8 billion
Merchant Services volume up 142% YoY
Raised 2024 revenue guidance to $950-960 million
Card spend increased 41% YoY to $1.4 billion
Negative
Take Rate declined 5 basis points YoY to 122 bps
Transaction costs as % of revenue increased 70 bps YoY to 15.3%
Gapping up
$Zillow-A (ZG.US)$ +5.5% (Zillow Group was upgraded by Piper Sandler to overweight from neutral. Analyst Thomas Champion also hiked his price target to $62 per share, suggesting 33% upside from Monday's close.)
$JPMorgan (JPM.US)$ +1.2% (JPMorgan Chase was upgraded from Jefferies to buy from hold. The firm also labeled JPMorgan Chase as“best-in-class.")
$3M (MMM.US)$ +2% (Shares rose n...
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