Vantiv (VNTV) Receives “Buy” Rating from Stifel Nicolaus

Stifel Nicolaus reissued their buy rating on shares of Vantiv (NYSE:VNTV) in a research note published on Friday. They currently have a $93.00 price target on the business services provider’s stock.

Several other equities research analysts have also recently weighed in on VNTV. Jefferies Group raised shares of Vantiv from a hold rating to a buy rating and set a $69.00 price target for the company in a research report on Thursday. Nomura reaffirmed a buy rating and issued a $85.00 price target on shares of Vantiv in a research report on Friday, September 29th. Keefe, Bruyette & Woods reaffirmed a buy rating and issued a $82.00 price target on shares of Vantiv in a research report on Thursday, September 28th. Wells Fargo & Company reaffirmed a positive rating and issued a $84.00 price target (up previously from $77.00) on shares of Vantiv in a research report on Thursday. Finally, Citigroup reaffirmed a buy rating and issued a $83.00 price target on shares of Vantiv in a research report on Monday, September 25th. Nine analysts have rated the stock with a hold rating and twenty-two have given a buy rating to the company’s stock. The stock has an average rating of Buy and an average price target of $78.30.

Vantiv (NYSE VNTV) traded up $0.99 during trading on Friday, reaching $75.87. 2,853,177 shares of the company’s stock traded hands, compared to its average volume of 2,798,725. The stock has a market cap of $13,310.52, a PE ratio of 25.13, a price-to-earnings-growth ratio of 1.66 and a beta of 0.58. The company has a debt-to-equity ratio of 7.45, a quick ratio of 0.72 and a current ratio of 0.72. Vantiv has a 12 month low of $58.13 and a 12 month high of $76.22.

Vantiv (NYSE:VNTV) last announced its quarterly earnings results on Thursday, October 26th. The business services provider reported $0.90 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.01. Vantiv had a net margin of 6.07% and a return on equity of 41.19%. The firm had revenue of $1.03 billion during the quarter, compared to analysts’ expectations of $551.77 million. During the same quarter in the prior year, the company earned $0.71 EPS. The company’s revenue was up 13.1% compared to the same quarter last year. research analysts predict that Vantiv will post 3.16 earnings per share for the current year.

A number of institutional investors have recently modified their holdings of the business. GAM Holding AG increased its stake in shares of Vantiv by 41.6% in the second quarter. GAM Holding AG now owns 20,573 shares of the business services provider’s stock worth $1,303,000 after acquiring an additional 6,045 shares during the period. Strs Ohio grew its stake in shares of Vantiv by 46.6% during the 3rd quarter. Strs Ohio now owns 1,212,560 shares of the business services provider’s stock worth $85,449,000 after purchasing an additional 385,704 shares during the period. Renaissance Technologies LLC acquired a new position in shares of Vantiv during the 2nd quarter worth $51,274,000. State Board of Administration of Florida Retirement System grew its stake in shares of Vantiv by 0.6% during the 2nd quarter. State Board of Administration of Florida Retirement System now owns 199,510 shares of the business services provider’s stock worth $12,637,000 after purchasing an additional 1,178 shares during the period. Finally, Crossmark Global Holdings Inc. acquired a new position in shares of Vantiv during the 3rd quarter worth $326,000.

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Vantiv Company Profile

Vantiv, Inc is a holding company. The Company conducts its operations through its subsidiary, Vantiv Holding, LLC. The Company is a payment processor. The Company’s segments include Merchant Services and Financial Institution Services. The Company offers a range of payment processing services that enable its clients to meet their payment processing needs through a single provider.

Analyst Recommendations for Vantiv (NYSE:VNTV)

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