Analyst Ratings for VeriFone Systems Inc. (PAY)Updated: 2017-07-29
An average rating of Overweight has been given to VeriFone Systems Inc. (NYSE:PAY) by analysts covering the stock. Last month, PAY received an average rating of Overweight.
22 analysts issued ratings on the stock, where 6 gave PAY a buy rating, 1 gave an overweight rating, 15 gave a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an increase of 1 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 0.
PAY was given price targets by several analysts. The most optimistic analyst gave a price target of 27, which equates to a potential upside of 37.13 percent. The minimum price target given was 15, implying a possible loss of -23.82 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -13.82 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -4.67 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.
PAY has a 52-week high of 20.98 and a 52-week low of 14.94. Currently the stock is 31.79 percent higher than its low, and 6.15 percent lower than its 52-week high. PAY has a price/earnings ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The PAY value stock report compares PAY to some of its peers using value stock charts. The stock has a market capitalization of $2.2 billion. PAY's next earnings release will be on 0000-00-00, which is days away.