FY2019 EPS Estimates for PAX Global (PXGYF) Reduced by Analyst

PAX Global (OTCMKTS:PXGYF) – Equities researchers at Jefferies Group dropped their FY2019 EPS estimates for shares of PAX Global in a note issued to investors on Monday, March 12th, according to Zacks Investment Research. Jefferies Group analyst J. Wong now expects that the company will post earnings per share of $0.07 for the year, down from their prior forecast of $0.08. Jefferies Group also issued estimates for PAX Global’s FY2020 earnings at $0.09 EPS.

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Separately, Zacks Investment Research raised PAX Global from a “sell” rating to a “hold” rating in a research note on Thursday, January 18th.

Shares of PAX Global stock opened at $0.41 on Tuesday. The firm has a market cap of $451.08, a price-to-earnings ratio of 5.86, a price-to-earnings-growth ratio of 0.26 and a beta of -0.52. PAX Global has a 1-year low of $0.40 and a 1-year high of $0.66.

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PAX Global Company Profile

PAX Global Technology Limited, an investment holding company, engages in the development and sale of electronic funds transfer point-of-sale products worldwide. It offers Smart POS, ECR, countertop, wireless, mobile, pin pad, and multilane E-payment terminals, as well as other accessories to process a range of electronic payment types, including signature and PIN-based debit cards, credit cards, contactless/radio frequency identification cards, RF-enabled mobile phones, QR code, IC cards, and pre-paid gift and other stored-value cards.

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