EPS Predictions Review: VeriFone Systems, Inc. (PAY)

Marco Green
March 14, 2018

The institutional investor owned 13,256 shares of the business services provider's stock after buying an additional 12,854 shares during the quarter. The stock increased 2.33% or $0.42 during the last trading session, reaching $18.47. About 712,495 shares traded or 328.56% up from the average. Robeco Institutional Asset Management Bv holds 0.01% in Targa Resources Corp. (PAY) stake by 6.71% reported in 2017Q3 SEC filing. Tph Asset Mngmt Ltd Company holds 484,654 shares. (PAY)'s stock declined 10.59%. The company's beta value stood at 1.75. Diamondback Energy Inc now has $12.66B valuation. On Friday, September 2 the stock rating was maintained by RBC Capital Markets with "Sector Perform". The stock traded with the volume of 3.7 Million shares yesterday.

By digging out more, shifting focus on performance of the VeriFone Systems, Inc. It has underperformed by 48.63% the S&P500.

Investors sentiment increased to 1.08 in 2017 Q3. It improved, as 31 investors sold PAY shares while 80 reduced holdings. 34 funds opened positions while 64 raised stakes. 114.66 million shares or 2.52% less from 117.62 million shares in 2017Q2 were reported. The Return on Investment (ROI) ratio of VeriFone Systems, Inc.

NYSE:PAY) was up +2.33% ($0.42) to $18.47 and showed a volume of 3.7 mln shares.

Pepsico, Inc. has distance from 20-day Simple Moving Average (SMA20) of 2.19%, Distance from 50-Day Simple Moving Average of SMA50 percent and Distance from 200-Day Simple Moving Average of -2.26%. (NYSE:PAY). Alliancebernstein L P accumulated 5.37M shares. Cipher LP invested 0.06% in VeriFone Systems, Inc. (NYSE:PAY) or 7,100 shares. Price T Rowe Assocs Md holds 63,484 shares or 0% of its portfolio. Lazard Asset Ltd Limited Liability Company holds 0% in VeriFone Systems, Inc. (NYSE:PAY) earned "Outperform" rating by Wedbush on Wednesday, June 8. Verifone Systems (NYSE:PAY)'s price to earnings ratio stood at 0. Moreover, Axa has 0% invested in VeriFone Systems, Inc. (NYSE:PAY). Legal And General Group Plc, a United Kingdom-based fund reported 143,933 shares. Point72 Asset Management LP accumulated 25,539 shares. Mason Street Advisors Limited Liability Corporation owns 55,508 shares.

Sentinel Asset Management Inc decreased Diplomat Pharmacy Inc. (NYSE:PAY) has "Outperform" rating given on Saturday, September 5 by Pacific Crest. Tower Semiconductor Ltd. (NASDAQ:TSEM) was reduced too.

Among 31 analysts covering Verifone Systems Inc.

The Stock now has Analyst' mean Recommendation of 2.7 where the scale is from 1 to 5, 1 means Strong Buy and 5 means Sell. Therefore 32% are positive.

VeriFone Systems, Inc. was covered by a number of analysts recently, 1 rated the stock as Buy, 15 rated Hold, 0 rated sell and 1 gave an Underperform. As per Monday, March 21, the company rating was maintained by Credit Suisse. TheStreet downgraded VeriFone Systems, Inc. The stock now has a consensus rating of "Hold" and a consensus target price of $20.27. The stock has "Sell" rating by TheStreet on Saturday, September 5. Barclays reiterated a "hold" rating and issued a $21.00 target price on shares of VeriFone Systems in a research report on Friday, December 15th. JP Morgan maintained it with "Overweight" rating and $42 target in Friday, August 14 report. Compass Point maintained VeriFone Systems, Inc. (NYSE:PAY) rating on Tuesday, December 13. The rating was upgraded by Stifel Nicolaus on Thursday, August 4 to "Buy". See VeriFone Systems, Inc. (NYSE:PAY) on Wednesday, June 8 with "Buy" rating. Its up 0.29, from 1.06 in 2017Q2. It helps investors in determining whether buying, selling or holding on to a stock would be beneficial for them. Bb&T Securities Ltd Llc, Virginia-based fund reported 22,876 shares. Driehaus Cap Management Ltd holds 0.1% or 55,380 shares in its portfolio. Deutsche Retail Bank Ag invested in 0% or 23,635 shares. Alliancebernstein Limited Partnership holds 153,797 shares or 0.01% of its portfolio. North Star Asset Inc reported 320,769 shares.

The price-earnings ratio (P/E ratio) is the ratio for valuing a company that measures its current share price relative to its per-share earnings. Fifth Third State Bank reported 4,755 shares stake. The company has a total of 1.42 Billion shares outstanding.

Among 5 analysts covering Tarena International (NASDAQ:TEDU), 2 have Buy rating, 1 Sell and 2 Hold. Therefore 33% are positive. The rating was maintained by Tigress Financial on Tuesday, December 19 with "Buy". On Monday, September 11 the stock rating was maintained by Jefferies with "Buy". The firm has "Buy" rating by Standpoint Research given on Thursday, June 9. The company is scheduled to report its next earnings results after the market closes on Thursday, March 8th. The firm has "Hold" rating by Keefe Bruyette & Woods given on Tuesday, October 17. The firm earned "Hold" rating on Wednesday, July 22 by Sandler O'Neill.

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