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.
Many analysts weighed in on price targets for PAY. The highest price target was 27, implying a possible profit of 37.13 percent. The lowest price target was 15, implying a possible loss of -23.82 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days 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. If we look at the last 90 days instead, we find a net average change of -4.67 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.
In the last 52-weeks, PAY has achieved a high of 20.98 and a low of 14.94. The current market price is above the trailing year's low by 31.79 percent, and 6.15 percent below the high. PAY has a P/E 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.