Weekly Analysts’ Ratings Changes for Bottomline Technologies (EPAY)

A number of firms have modified their ratings and price targets on shares of Bottomline Technologies (NASDAQ: EPAY) recently:

  • 7/17/2017 – Bottomline Technologies was upgraded by analysts at UBS AG from a “market perform” rating to an “outperform” rating.
  • 7/17/2017 – Bottomline Technologies was upgraded by analysts at Raymond James Financial, Inc. from a “market perform” rating to an “outperform” rating. They now have a $33.00 price target on the stock.
  • 7/17/2017 – Bottomline Technologies was upgraded by analysts at FIX from a “market perform” rating to an “outperform” rating. They now have a $33.00 price target on the stock.
  • 7/16/2017 – Bottomline Technologies was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 7/5/2017 – Bottomline Technologies had its “hold” rating reaffirmed by analysts at Royal Bank Of Canada. They now have a $26.00 price target on the stock.
  • 6/16/2017 – Bottomline Technologies was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.

Shares of Bottomline Technologies, Inc. (NASDAQ EPAY) opened at 28.51 on Tuesday. The stock has a 50 day moving average price of $26.36 and a 200-day moving average price of $25.09. Bottomline Technologies, Inc. has a 52-week low of $18.48 and a 52-week high of $29.00. The stock’s market capitalization is $1.09 billion.

Bottomline Technologies (NASDAQ:EPAY) last posted its quarterly earnings results on Thursday, April 27th. The technology company reported $0.09 EPS for the quarter, meeting the consensus estimate of $0.09. The business had revenue of $86.10 million during the quarter, compared to analysts’ expectations of $88.62 million. Bottomline Technologies had a positive return on equity of 4.95% and a negative net margin of 9.71%. The company’s quarterly revenue was down .2% compared to the same quarter last year. During the same period last year, the firm earned $0.40 EPS. On average, equities research analysts anticipate that Bottomline Technologies, Inc. will post $0.96 EPS for the current fiscal year.

In other news, insider Norman J. Deluca sold 2,750 shares of the firm’s stock in a transaction that occurred on Thursday, June 15th. The stock was sold at an average price of $25.33, for a total value of $69,657.50. Following the completion of the sale, the insider now directly owns 83,554 shares of the company’s stock, valued at approximately $2,116,422.82. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Norman J. Deluca sold 1,898 shares of the firm’s stock in a transaction that occurred on Monday, July 17th. The shares were sold at an average price of $28.99, for a total value of $55,023.02. Following the completion of the sale, the insider now directly owns 77,192 shares of the company’s stock, valued at $2,237,796.08. The disclosure for this sale can be found here. 3.20% of the stock is owned by company insiders.

Bottomline Technologies (de), Inc is engaged in providing a set of cloud-based business payment, digital banking, fraud prevention, payment and financial document solutions. The Company helps businesses pay and get paid. It offers hosted or Software as a Service (SaaS) solutions, as well as software designed to run on-site at the customer’s location.

What are top analysts saying about Bottomline Technologies Inc? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Bottomline Technologies Inc and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit