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.
Several price targets were given for PAY by the analysts covering the stock. The most optimistic analyst gave a price target of 27, implying potential capital gains of 37.13 percent. The minimum price target given was 15, which equates to a potential downside of -23.82 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by 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. 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. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.
PAY has traded between a high of 20.98 and a low of 14.94 over the past year. 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 market cap of PAY is $2.2 billion. PAY is estimated to release their earnings results for the quarter on 0000-00-00, days from today.