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.
A number of analysts gave price targets for PAY. The highest price target was 27, implying potential capital gains of 37.13 percent. The most pessimistic price target was 15, implying potential capital losses 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. That number becomes -13.82 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -4.67 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, 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. Today's price is 31.79 percent above the 52-week low, and below the high by 6.15 percent. 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.