On June, 14 VeriFone Systems, Inc. (PAY) EPS Estimated At $0.22

May 17, 2018 - By Carolyn Hewitt

VeriFone Systems, Inc. (NYSE:PAY) Corporate Logo
Big Money Sentiment increased to 1.08 in Q4 2017. It has change of 0.20, from 2017Q3’s 0.88. The ratio increased due to VeriFone Systems, Inc. positioning: 35 sold and 70 reduced. 40 funds took positions and 73 increased positions. Investors holded 114.66 million in 2017Q3 but now own 112.41 million shares or 1.96% less.
Sfe Inv Counsel accumulated 0.49% or 69,096 shs. Whittier Trust Co Of Nevada holds 0% in VeriFone Systems, Inc. (NYSE:PAY) or 2,850 shs. American Grp reported 0.02% in VeriFone Systems, Inc. (NYSE:PAY). Ny State Common Retirement Fund, New York-based fund reported 455,119 shs. North Star Asset Management reported 342,552 shs. Proshare Ltd Liability Corporation has invested 0% in VeriFone Systems, Inc. (NYSE:PAY). California State Teachers Retirement has 175,649 shs. Tower Rech Cap Ltd Liability Corp (Trc) has invested 0% of its capital in VeriFone Systems, Inc. (NYSE:PAY). D E Shaw & Incorporated accumulated 32,565 shs or 0% of the stock. Ameritas Investment Partners stated it has 0.04% of its capital in VeriFone Systems, Inc. (NYSE:PAY). State Street Corporation holds 3.98M shs. Great West Life Assurance Can holds 69,840 shs. Stoneridge Partners Limited Liability Corporation has 21,710 shs. Vanguard Gru Inc has invested 0.01% of its capital in VeriFone Systems, Inc. (NYSE:PAY). State Bank Of Montreal Can accumulated 5,921 shs or 0% of the stock.

VeriFone Systems, Inc. (NYSE:PAY)’s quarterly earnings will be published on June, 14., RTT reports. Analysts have expectation on stock’s EPS of $0.22. That’s up 10.00 % from last year’s $0.2 EPS. If the current EPS of $0.22 is accurate, PAY’s profit could reach $24.36 million. Wall Street forecasts 37.50 % EPS growth as of June, 14. PAY touched $22.83 during the last trading session after $0.02 change.VeriFone Systems, Inc. has volume of 960,526 shares. Since May 17, 2017 PAY has declined 17.61% and is downtrending. The stock 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”. 20% are bullish. 11 are the (NYSE:PAY)’s analyst reports since December 11, 2017 according to StockzIntelligence Inc. On Monday, December 11 the firm has “Buy” rating by Raymond James given. On Tuesday, April 10 the firm earned “Neutral” rating by JP Morgan. On Wednesday, December 13 the rating was maintained by Credit Suisse with “Neutral”. In Tuesday, April 10 report Citigroup maintained it with “Neutral” rating and $23.04 target. On Tuesday, December 19 the stock of VeriFone Systems, Inc. (NYSE:PAY) earned “Buy” rating by Tigress Financial. On Monday, April 16 the stock of VeriFone Systems, Inc. (NYSE:PAY) earned “Hold” rating by Jefferies. On Thursday, March 8 BTIG Research maintained VeriFone Systems, Inc. (NYSE:PAY) with “Hold” rating. On Tuesday, April 10 the rating was downgraded by SunTrust to “Hold”. On Monday, April 9 the stock of VeriFone Systems, Inc. (NYSE:PAY) has “Hold” rating given by Piper Jaffray. On Tuesday, April 10 the rating was downgraded by Standpoint Research to “Hold”.

VeriFone Systems, Inc. provides payments and commerce solutions at the point of sale worldwide.The firm is valued at $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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