Analysts See $0.22 EPS for VeriFone Systems, Inc. (PAY) on June, 14

May 17, 2018 - By Brenda Gibbons

VeriFone Systems, Inc. (NYSE:PAY) Corporate Logo
Big Money Sentiment increased to 1.08 in 2017 Q4. It has change of 0.20, from 2017Q3’s 0.88. The ratio is positive due to VeriFone Systems, Inc. positioning: 35 sold and 70 reduced. 40 funds acquired positions and 73 increased positions. Investors holded 114.66 million in 2017Q3 but now own 112.41 million shares or 1.96% less.
Tower Cap Lc (Trc), New York-based fund reported 1,175 shs. Rhumbline Advisers holds 209,845 shs or 0.01% of its capital. Retirement Of Alabama reported 145,083 shs. Pennsylvania-based Vanguard Grp Inc Inc has invested 0.01% in VeriFone Systems, Inc. (NYSE:PAY). Profund Advsrs Limited Co, Maryland-based fund reported 16,919 shs. Liberty Mutual Gp Asset Incorporated accumulated 28,390 shs. The Georgia-based Voya Mngmt Lc has invested 0% in VeriFone Systems, Inc. (NYSE:PAY). Art Ltd Liability has invested 0.02% in VeriFone Systems, Inc. (NYSE:PAY). Louisiana State Employees Retirement Sys has invested 0.02% of its capital in VeriFone Systems, Inc. (NYSE:PAY). Fuller Thaler Asset Management has invested 0.91% in VeriFone Systems, Inc. (NYSE:PAY). Geode Ltd accumulated 0.01% or 953,786 shs. Schwab Charles Investment Mgmt accumulated 0.01% or 764,222 shs. Fort Washington Advisors Oh reported 920,477 shs stake. Gemmer Asset Mgmt Limited Liability has 332 shs. 64,936 were accumulated by Qs Limited Liability Co.

VeriFone Systems, Inc. (NYSE:PAY) is awaited to publish earnings on June, 14., Faxor reports. Analysts predict $0.22 EPS, which is $0.02 up or 10.00 % from 2017’s $0.2 EPS. The profit will be $24.36 million for PAY if $0.22 EPS becomes true. After $0.16 EPS was published previous quarter, analysts now see EPS growth of 37.50 % for VeriFone Systems, Inc.. Ticker’s shares touched $22.83 during the last trading session after 0.09% 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

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

VeriFone Systems, Inc. provides payments and commerce solutions at the point of sale worldwide.The company has $2.53 billion market cap. 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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