Paysafe Stock Has Significant Upside From Current Levels

InvestorPlace2021-05-26

Growth in U.S. online gambling, wider cryptocurrency adoption and increased use in digital wallets are key growth triggers. There has been a growing apprehension about entities listed through special...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Huatkia168
2021-05-26
Huatkia168
Interesting
Goldox
2021-05-26
Goldox
Gonna find out more.
- Huathk:
  K
- ihciem:
  comment back
Asamama
2021-05-26
Asamama
Is it worth tonbuy now
TTM Investor
2021-05-26
TTM Investor
Please like and comment
- HuathkReplyHuatkia168:
  K
- Huatkia168:
  Pls comment back and thank you !!
- firefirefire:
  liked, good job
vlainmessysa
2021-05-26
vlainmessysa
Good

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1166961085?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-05-26 11:05","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1166961085","market":"us","top_or_hot":-1,"title":"Paysafe Stock Has Significant Upside From Current Levels","media":"InvestorPlace","content":"<div>\n<p>Growth in U.S. online gambling, wider cryptocurrency adoption and increased use in digital wallets are key growth triggers.\n\nThere has been a growing apprehension about entities listed through special...</p>\n\n<a href=\"https://investorplace.com/2021/05/psfe-stock-has-significant-upside-from-current-levels/\">Source Link</a>\n\n</div>\n","source":"lsy1606302653667","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Paysafe Stock Has Significant Upside From Current Levels</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPaysafe Stock Has Significant Upside From Current Levels\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-26 11:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/05/psfe-stock-has-significant-upside-from-current-levels/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Growth in U.S. online gambling, wider cryptocurrency adoption and increased use in digital wallets are key growth triggers.\n\nThere has been a growing apprehension about entities listed through special...</p>\n\n<a href=\"https://investorplace.com/2021/05/psfe-stock-has-significant-upside-from-current-levels/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PSFE","symbol_name":"Paysafe Ltd","start_time":0,"source_url":"https://investorplace.com/2021/05/psfe-stock-has-significant-upside-from-current-levels/","article_id":"1166961085","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1166961085","pubTimestamp":1621998328,"columns":[],"sourceInfo":{"source_id":"lsy1606302653667","name":"InvestorPlace"},"weMediaInfo":null,"summary":"Growth in U.S. online gambling, wider cryptocurrency adoption and increased use in digital wallets a","collect":0,"end_time":0,"defaultTopTitle":"investorplace.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"PSFE":"Paysafe Ltd"},"translate_title":"Paysafe股票较当前水平有显著上升","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PSFE":0.9},"content_text":"Growth in U.S. online gambling, wider cryptocurrency adoption and increased use in digital wallets are key growth triggers.\n\nThere has been a growing apprehension about entities listed through special purpose acquisition companies. The Securities and Exchange Commission has already been scrutinizing “misleading earnings projections” made by SPAC sponsors. On a relative basis, investor frenzy for SPACs might have declined. However, SPAC business combinations do provide exposure to some quality businesses. Paysafe(NYSE:PSFE) stock is one name that’s worth considering.\nSource: Sulastri Sulastri / Shutterstock.com\nLet’s start with the upside potential for PSFE stock.Credit Suisseanalyst Timothy Chiodo recently initiated coverage on PSFE stock with an “outperform” rating. Timothy has a price target of $17 for the stock. This would imply an upside potential of 41% from current levels of $12.0.\nTimothy points out that currently “1% of PSFE’s total revenue is tied to U.S. online gamblingpayment processing.” This segment can be the single biggest growth driver for the company in the next few years.\nThe U.S. online gambling industry is expected to grow at aCAGR of 15.4% between last year and fiscal year 2025. The company has relationship with almost all top online gambling operators in the U.S.. PSFE stock is therefore a proxy play in the U.S. online gambling industry.\nThe recent meltdown in cryptocurrencies might have made investors skeptical. However, I believe that cryptocurrencies are on-track for wider adoption. Paysafe has already made inroads in this high-growth segment.\nThe company has expanded partnership withCoinbase(NASDAQ:COIN) in the United States. Additionally, the company’s payment solution is like in 27 cryptocurrency sites and exchanges. As crypto investing and trading activity swells, Paysafe is positioned to benefit.\nTherefore, exposure to the U.S. online gambling and cryptocurrency segment is likely to drive sustained growth.\nStrong Fundamentals Support Upside Thesis\nFor the first quarter of 2021, Paysafe reported revenue of $377.4 million, which was higher by 5% on a year-on-year basis. For the same period, the company’s adjusted EBITDA was $113.2 million. This implies an EBITDA margin of 30%.\nAn important point to note is that in the e-cash solutions segment, the companyreported revenue growth of 63%to $112.9 million. Adjusted EBITDA for the segment was higher by 110% to $48.1 million.\nThe segment therefore has an EBITDA margin of 42.6% as compared to the company level EBITDA margin of 30%. With strong growth in the e-cash segment, it’s likely that EBITDA margin will expand in the coming quarters. As a matter of fact, Paysafe has guided for an adjusted EBITDA margin of 32% for FY2021.\nFurther, between FY2020 and FY2023, the company is targeting annual organic revenue growth of 10%. Importantly, during this period, the companyexpects adjusted EBITDA margin expansion of 500 basis points. The guidance seems realistic considering the potential growth from exposure to U.S. online gambling and cryptocurrencies. Growth in e-cash segment will be the margin driver.\nIn their presentation, Paysafe has also talked about potential mergers as a growth trigger. As of March 2021, the company reported $274 million in cash and $225 million in un-drawn credit facility. Therefore, there is financial flexibility to pursue growth.\nFor Q1 2021, Paysafe reported operating cash flow of $48.7 million. This would imply an annualized OCF of $195 million. With likely EBITDA margin expansion in the coming years, the company is positioned for healthy cash flow growth.\nConcluding Views\nEstimates from Juniper Research indicate thatspending through digital wallets will exceed $10 trillionby FY2025. Strong presence in e-cash and digital wallet segment will benefit Paysafe in the coming years.\nWith these factors in Consideration, PSFE stock looks attractive from a medium to long-term perspective.\nWith an asset light business mode, the cash flows can be redirected to deleveraging. As of Q1 2021, the company’s leverage was 4.2. Paysafe has guided for leverage to decline to 3.7 by the end of the year. Inorganic growth seems like a possibility with improved financial flexibility.\nOn the date of publication,Faisal Humayun did not have (either directly or indirectly) any positions in any of the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":136145197,"gmtCreate":1622001969419,"gmtModify":1704365857940,"author":{"id":"3551331974959956","authorId":"3551331974959956","name":"Huatkia168","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3551331974959956","authorIdStr":"3551331974959956"},"htmlText":"Interesting&nbsp;","listText":"Interesting&nbsp;","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/136145197","repostId":1166961085,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":136115922,"gmtCreate":1621998866266,"gmtModify":1704365789540,"author":{"id":"3574248655626938","authorId":"3574248655626938","name":"Goldox","avatar":"https://static.tigerbbs.com/863110a9408a00f21e04f570ea1c03f2","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3574248655626938","authorIdStr":"3574248655626938"},"htmlText":"Gonna find out more.&nbsp;","listText":"Gonna find out more.&nbsp;","text":"Gonna find out more.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/136115922","repostId":1166961085,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4453365,"gmtCreate":1622004396296,"gmtModify":1680791034909,"authorId":3573472992263411,"author":{"id":3573472992263411,"idStr":"3573472992263411","authorId":3573472992263411,"name":"Huathk","avatar":"https://static.tigerbbs.com/43c7168c646d9ea6805194ed0003f1cc","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":136115922,"type":1,"supId":4452450,"prevId":0,"content":"K","text":"K","html":"K"},{"id":4452450,"gmtCreate":1622000183839,"gmtModify":1680791019998,"authorId":3582154978918815,"author":{"id":3582154978918815,"idStr":"3582154978918815","authorId":3582154978918815,"name":"ihciem","avatar":"https://static.tigerbbs.com/9da30b54b2f0419d5190c3d2a38142d9","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":136115922,"type":1,"supId":0,"prevId":0,"content":"comment back","text":"comment back","html":"comment back"}],"langContent":"EN"},{"id":136113281,"gmtCreate":1621998638543,"gmtModify":1704365782902,"author":{"id":"3574750885211918","authorId":"3574750885211918","name":"Asamama","avatar":"https://static.tigerbbs.com/d9e5fb292eacbdf6941503ed7421a16d","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3574750885211918","authorIdStr":"3574750885211918"},"htmlText":"Is it worth tonbuy now&nbsp;","listText":"Is it worth tonbuy now&nbsp;","text":"Is it worth tonbuy now","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/136113281","repostId":1166961085,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":136113355,"gmtCreate":1621998629077,"gmtModify":1704365782417,"author":{"id":"3581250600180292","authorId":"3581250600180292","name":"TTM Investor","avatar":"https://community-static.tradeup.com/news/2f5fd716e63ae3848b455b2214a559df","vip":1,"crmLevel":6,"crmLevelSwitch":1,"idStr":"3581250600180292","authorIdStr":"3581250600180292"},"htmlText":"Please like and comment","listText":"Please like and comment","text":"Please like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/136113355","repostId":1166961085,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4453367,"gmtCreate":1622004402141,"gmtModify":1680791032783,"authorId":3573472992263411,"author":{"id":3573472992263411,"idStr":"3573472992263411","authorId":3573472992263411,"name":"Huathk","avatar":"https://static.tigerbbs.com/43c7168c646d9ea6805194ed0003f1cc","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":3551331974959956,"repliedAuthor":{"id":3551331974959956,"idStr":"3551331974959956","authorId":3551331974959956,"name":"Huatkia168","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"objectId":136113355,"type":1,"supId":4452188,"prevId":4452792,"content":"K","text":"K","html":"K"},{"id":4452792,"gmtCreate":1622001946988,"gmtModify":1680791022595,"authorId":3551331974959956,"author":{"id":3551331974959956,"idStr":"3551331974959956","authorId":3551331974959956,"name":"Huatkia168","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":136113355,"type":1,"supId":4452188,"prevId":0,"content":"Pls comment back and thank you !!","text":"Pls comment back and thank you !!","html":"Pls comment back and thank you !!"},{"id":4452188,"gmtCreate":1621998704435,"gmtModify":1680791016545,"authorId":3570742778586711,"author":{"id":3570742778586711,"idStr":"3570742778586711","authorId":3570742778586711,"name":"firefirefire","avatar":"https://community-static.tradeup.com/news/e33159cc1bfc6784fa479fe87a11fd33","vip":1,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":7,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":136113355,"type":1,"supId":0,"prevId":0,"content":"liked, good <u>job</u>","text":"liked, good <u>job</u>","html":"liked, good <u>job</u>"}],"langContent":"EN"},{"id":136135670,"gmtCreate":1621998358590,"gmtModify":1704365775268,"author":{"id":"3581897403823404","authorId":"3581897403823404","name":"vlainmessysa","avatar":"https://static.tigerbbs.com/edae299eb5808b955a953fbb88ceb9e3","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3581897403823404","authorIdStr":"3581897403823404"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/136135670","repostId":1166961085,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":38,"commentSize":5,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.4","shortVersion":"4.29.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1166961085"}