VeriFone Systems, Inc. (PAY) Analysts See $0.22 EPS

May 17, 2018 - By Ann Prendergast

VeriFone Systems, Inc. (NYSE:PAY) LogoInvestors sentiment increased to 1.08 in 2017 Q4. Its up 0.20, from 0.88 in 2017Q3. It improved, as 35 investors sold VeriFone Systems, Inc. shares while 70 reduced holdings. 40 funds opened positions while 73 raised stakes. 112.41 million shares or 1.96% less from 114.66 million shares in 2017Q3 were reported.
Sg Capital Management Limited Liability invested in 619,407 shares. Mutual Of America Capital has 94,750 shares for 0.03% of their portfolio. Envestnet Asset invested 0% of its portfolio in VeriFone Systems, Inc. (NYSE:PAY). Private Harbour & Counsel Ltd Llc has 0.58% invested in VeriFone Systems, Inc. (NYSE:PAY). Systematic Mgmt L P has 0.03% invested in VeriFone Systems, Inc. (NYSE:PAY) for 86,445 shares. Tower Rech Cap Limited Liability (Trc) accumulated 0% or 1,175 shares. Moreover, Dimensional Fund Advsrs Limited Partnership has 0.02% invested in VeriFone Systems, Inc. (NYSE:PAY). Kentucky-based River Road Asset Management Lc has invested 0.44% in VeriFone Systems, Inc. (NYSE:PAY). Fuller & Thaler Asset has 4.26M shares for 0.91% of their portfolio. Dubuque National Bank And reported 27,438 shares. Vanguard Gru holds 0.01% of its portfolio in VeriFone Systems, Inc. (NYSE:PAY) for 9.72 million shares. Brown Brothers Harriman & Commerce holds 0% or 20 shares in its portfolio. Louisiana State Employees Retirement Sys owns 28,400 shares or 0.02% of their US portfolio. 19,996 are owned by Public Employees Retirement Association Of Colorado. Principal Grp Inc stated it has 473,851 shares.

Analysts expect VeriFone Systems, Inc. (NYSE:PAY) to report $0.22 EPS on June, 14.They anticipate $0.02 EPS change or 10.00 % from last quarter’s $0.2 EPS. PAY’s profit would be $24.36 million giving it 25.94 P/E if the $0.22 EPS is correct. After having $0.16 EPS previously, VeriFone Systems, Inc.’s analysts see 37.50 % EPS growth. It closed at $22.83 lastly. It is down 17.61% since May 18, 2017 and is downtrending. It has underperformed by 29.16% the S&P500.

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

Among 10 analysts covering Verifone (NYSE:PAY), 2 have Buy rating, 0 Sell and 8 Hold. Therefore 20% are positive. Verifone had 11 analyst reports since December 11, 2017 according to SRatingsIntel. The firm has “Neutral” rating given on Tuesday, April 10 by JP Morgan. Citigroup maintained VeriFone Systems, Inc. (NYSE:PAY) on Tuesday, April 10 with “Neutral” rating. The firm has “Hold” rating by Jefferies given on Monday, April 16. The stock has “Buy” rating by Tigress Financial on Tuesday, December 19. The firm earned “Neutral” rating on Wednesday, December 13 by Credit Suisse. The stock of VeriFone Systems, Inc. (NYSE:PAY) has “Buy” rating given on Monday, December 11 by Raymond James. Piper Jaffray maintained the stock with “Hold” rating in Monday, April 9 report. The company was maintained on Thursday, March 8 by BTIG Research. The firm has “Hold” rating given on Tuesday, April 10 by Standpoint Research. The stock of VeriFone Systems, Inc. (NYSE:PAY) earned “Hold” rating by SunTrust on Tuesday, April 10.

VeriFone Systems, Inc. provides payments and commerce solutions at the point of sale worldwide. The company has market cap of $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. It currently has 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 Positions Chart

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