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Investor Insights

This summary was created by AI, based on 4 opinions in the last 12 months.

Payfare, with symbol PAY-T, is a Canadian Fintech company that provides instant access to earnings for gig workers. It has contracts with major players like Uber, Lyft, and Doordash, and is planning to expand its technology beyond the gig economy. The company has shown high growth and profitability, and there is potential for further expansion into new industries. Overall, it is viewed as a strong business with a unique business model and significant growth potential.

Consensus
Buy
Valuation
Undervalued
BUY
Payfare
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

We have quite a few comments posted on PAY; it was halted for a period to clear up an issue (discussed in the Q&A) and appears very much back on track now. It is very cheap at under 10X earnings and it has a very strong balance sheet. Very good earnings growth is expected in the next 18 months at least. Insiders own 11% and cash flow is growing. Overall, it has some good qualities for a small cap stock. 
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Financial Services
HOLD
Payfare

Large position, great future. Lets people such as Uber drivers get paid at the end of the night, instead of waiting 2 weeks for a paycheque. They skim a fee off the top. Biggest risk is customer concentration, working to expand.

Financial Services
BUY
Payfare

It is one of his favourites with a fantastic business model, a very good core business and ROC, and trading at 8 or 9 times earnings. It is good for Uber drivers and others in the gig market since they can access their money quickly. The gig market is growing at 30% per year. It is not well known but there are lots of catalysts coming. It may move outside the gig space. For example it may start to provide fast access to capital in the fast food industry meaning that workers can access their money right after a shift. It is a capital light business.

Financial Services
TOP PICK
Payfare

A Canadian Fintech company that allows Canadian gig workers to have instant access to their money. It has contracts with Uber, Lyft and DoorDash, the three biggest players in that space. Using their credit card system, Payfare takes a piece of the merchant fee, not Uber, etc., or the worker. They are planning to take their technology and apply it outside the gig space. There is super high growth in a very fast growing space. it has a decent valuation and very high ROE.     Buy 6  Hold 0  Sell 0

(Analysts’ price target is $10.42)
Financial Services
TOP PICK
Payfare

A fintech that allows shift-workers like Uber Eats deliverers to get paid as soon as they complete their shift so the could spend that money. PAY makes money on interaction fees. They have enough cash flow to meet their growth plans. They have 1.2 million out of 70 million gig workers out there, so there's lots of room to grow.

(Analysts’ price target is $10.50)
Financial Services
WATCH
Payfare

IPO'd in 2021, but became profitable last year, tripling their revenue and became profitable in Q4 2022. Can they expand beyond Uber, Lyft and Doordash? That's what he's watching.

Financial Services
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Payfare(PAY-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 3

Stockchase rating for Payfare is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Payfare(PAY-T) Frequently Asked Questions

What is Payfare stock symbol?

Payfare is a Canadian stock, trading under the symbol PAY-T on the Toronto Stock Exchange (PAY-CT). It is usually referred to as TSX:PAY or PAY-T

Is Payfare a buy or a sell?

In the last year, 3 stock analysts published opinions about PAY-T. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Payfare.

Is Payfare a good investment or a top pick?

Payfare was recommended as a Top Pick by on . Read the latest stock experts ratings for Payfare.

Why is Payfare stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Payfare worth watching?

3 stock analysts on Stockchase covered Payfare In the last year. It is a trending stock that is worth watching.

What is Payfare stock price?

On 2020-02-04, Payfare (PAY-T) stock closed at a price of $0.12.