EPS for VeriFone Systems, Inc. (PAY) Expected At $0.22 on June, 14

May 17, 2018 - By Sonya McDaniel

VeriFone Systems, Inc. (NYSE:PAY) Corporate Logo
During Q4 2017 the big money sentiment increased to 1.08. That’s change of 0.20, from 2017Q3’s 0.88. 35 investors sold all, 70 reduced holdings as VeriFone Systems, Inc. ratio is positive. 73 increased stakes while 40 funds amassed stakes. Funds hold 112.41 million shares thus 1.96% less from 2017Q3’s 114.66 million shares.
Proshare Advsr Lc accumulated 27,151 shs. River Road Asset Llc accumulated 1.30 million shs. Canada Pension Plan Investment Board reported 332,608 shs. Carret Asset Ltd Co holds 26,700 shs or 0.07% of its capital. Pub Employees Retirement Systems Of Ohio reported 7,784 shs. 24,468 are held by Thrivent Finance For Lutherans. Paradice Inv Mngmt Limited Liability Co invested 0.75% of its capital in VeriFone Systems, Inc. (NYSE:PAY). Envestnet Asset Mgmt Inc owns 0% invested in VeriFone Systems, Inc. (NYSE:PAY) for 13,138 shs. Cna Finance has invested 0.33% of its capital in VeriFone Systems, Inc. (NYSE:PAY). Whittier Trust reported 0.03% stake. Moreover, Sg Americas Secs Limited Liability Corp has 0% invested in VeriFone Systems, Inc. (NYSE:PAY) for 26,647 shs. Riverhead Capital Mgmt holds 9,426 shs or 0.01% of its capital. 43,404 were reported by Ameritas Investment Partners. Jefferies Group Incorporated has 0% invested in VeriFone Systems, Inc. (NYSE:PAY) for 23,106 shs. Buckhead Mngmt Llc accumulated 109,815 shs or 0.42% of the stock.

On June, 14 VeriFone Systems, Inc. (NYSE:PAY)’s earnings report is anticipated by WallStreet, Faxor reports. This year’s earnings per share analyst estimate is anticipated to be $0.22. That is 10.00 % up compareed to $0.2 earnings per share for last year. If earnings per share of $0.22 is announced the profit of PAY could reach $24.36 million giving it 25.94 P/E. 37.50 % EPS growth is what Wall Street’s predicts after $0.16 reported EPS last quarter. PAY reached $22.83 during the last trading session after $0.02 change.Currently VeriFone Systems, Inc. is downtrending after 17.61% change in last May 17, 2017. PAY has also 960,526 shares volume. PAY underperformed the S&P 500 by 29.16%.

VeriFone Systems, Inc. (NYSE:PAY) Ratings Coverage

In total 10 analysts cover Verifone (NYSE:PAY). “Buy” rating has 2, “Sell” are 0, while 8 are “Hold”. (NYSE:PAY) has 20% bullish analysts. 11 are the (NYSE:PAY)’s ratings reports on May 17, 2018 according to StockzIntelligence Inc. The stock rating was downgraded by Standpoint Research to “Hold” on Tuesday, April 10. On Tuesday, April 10 the firm earned “Neutral” rating by JP Morgan. On Tuesday, April 10 the rating was downgraded by SunTrust to “Hold”. On Monday, December 11 the stock has “Buy” rating by Raymond James. On Monday, April 16 the stock of VeriFone Systems, Inc. (NYSE:PAY) has “Hold” rating given by Jefferies. On Monday, April 9 Piper Jaffray maintained the shares of PAY in report with “Hold” rating. On Wednesday, December 13 the rating was maintained by Credit Suisse with “Neutral”. On Tuesday, December 19 the stock of VeriFone Systems, Inc. (NYSE:PAY) has “Buy” rating given by Tigress Financial. On Thursday, March 8 the stock has “Hold” rating by BTIG Research. The stock rating was maintained by Citigroup with “Neutral” on Tuesday, April 10.

VeriFone Systems, Inc. provides payments and commerce solutions at the point of sale worldwide.The firm is worth $2.53 billion. It offers countertop solutions that accept payment options, including contactless, NFC, mobile wallets, and EMV; PIN pads that support credit and debit card, EBT, EMV, and other PIN transactions; and multilane consumer facing commerce devices.Last it reported negative earnings. It also provides portable payment devices, including small, portable, and handheld devices that enable merchants to accept electronic payments wherever wireless connectivity is available; and mobile solutions that attach to and interface with iOS or Android based smartphones and tablets.

VeriFone Systems, Inc. (NYSE:PAY) Institutional Investors Chart

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