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

May 17, 2018 - By Irene Marshall

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 increased. 73 rose positions while 40 funds amassed positions. Funds hold 112.41 million shares thus 1.96% less from 2017Q3’s 114.66 million shares.
New York State Teachers Retirement System has invested 0.01% in VeriFone Systems, Inc. (NYSE:PAY). Guinness Asset Mngmt Ltd owns 178,150 shs. Jpmorgan Chase Com has 0% invested in VeriFone Systems, Inc. (NYSE:PAY) for 67,590 shs. 20,900 were accumulated by Axa. Comerica National Bank & Trust reported 108,277 shs. Marathon Mgmt reported 0.8% of its capital in VeriFone Systems, Inc. (NYSE:PAY). 30,622 are held by Laurion Mgmt Lp. Tower Cap Ltd (Trc) holds 1,175 shs or 0% of its capital. Northwestern Mutual Wealth Mgmt stated it has 133 shs or 0% of all its holdings. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0% or 5,540 shs in its capital. Moreover, Zwj Counsel has 1.09% invested in VeriFone Systems, Inc. (NYSE:PAY). Gabelli Funds Lc stated it has 15,000 shs. New Mexico Educational Retirement Board reported 27,700 shs stake. Stoneridge Inv Prtnrs Limited Liability Com stated it has 21,710 shs. Barrow Hanley Mewhinney And Strauss Limited Liability Co invested in 0% or 187,107 shs.

VeriFone Systems, Inc. (NYSE:PAY)’s earnings report is expected on June, 14., as reported by Faxor. earnings per share of $0.22 is 10.00 % up from 2017’s $0.2 EPS. If the current earnings per share of $0.22 is accurate, PAY’s profit could hit $24.36 million. Last quarter $0.16 earnings per share was reported. Analysts forecasts 37.50 % EPS growth this quarter. PAY is reaching $22.83 during the last trading session, after decreased 0.09%.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&P500 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. On Tuesday, April 10 the stock of VeriFone Systems, Inc. (NYSE:PAY) earned “Neutral” rating by JP Morgan. On Monday, April 9 the company was maintained by Piper Jaffray. On Tuesday, April 10 the stock of VeriFone Systems, Inc. (NYSE:PAY) earned “Neutral” rating by Citigroup. On Monday, December 11 Raymond James maintained VeriFone Systems, Inc. (NYSE:PAY) rating. Raymond James has “Buy” rating and $22.0 target. On Wednesday, December 13 the rating was maintained by Credit Suisse with “Neutral”. On Tuesday, April 10 the stock of VeriFone Systems, Inc. (NYSE:PAY) has “Hold” rating given by Standpoint Research. In Tuesday, December 19 report Tigress Financial maintained the stock with “Buy” rating. In Thursday, March 8 report BTIG Research maintained the stock with “Hold” rating. On Monday, April 16 the rating was downgraded by Jefferies to “Hold”. On Tuesday, April 10 the rating was downgraded by SunTrust to “Hold”.

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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