Q4 2018 EPS Estimates for Worldpay Inc (WP) Cut by Analyst

Worldpay Inc (NYSE:WP) – Investment analysts at Oppenheimer reduced their Q4 2018 EPS estimates for Worldpay in a research report issued to clients and investors on Thursday. Oppenheimer analyst G. Greene now anticipates that the business services provider will earn $0.95 per share for the quarter, down from their previous estimate of $0.99.

Several other brokerages have also commented on WP. Cantor Fitzgerald reissued a “buy” rating and set a $74.00 price target on shares of Worldpay in a research note on Thursday, October 26th. Mizuho restated a “hold” rating and set a $80.00 price objective on shares of Worldpay in a research report on Thursday, January 4th. Deutsche Bank lifted their price objective on Worldpay to $82.00 and gave the stock a “buy” rating in a research report on Monday, December 4th. Stifel Nicolaus restated a “buy” rating and set a $85.00 price objective on shares of Worldpay in a research report on Tuesday, October 24th. Finally, BidaskClub downgraded Worldpay from a “sell” rating to a “strong sell” rating in a research report on Friday, October 20th. Seven research analysts have rated the stock with a hold rating, twenty-seven have given a buy rating and one has given a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $81.90.

Shares of Worldpay (NYSE WP) traded down $0.35 during trading hours on Monday, hitting $78.73. The stock had a trading volume of 8,926,700 shares, compared to its average volume of 7,078,177. The stock has a market cap of $14,050.00, a price-to-earnings ratio of 54.67, a price-to-earnings-growth ratio of 1.57 and a beta of 0.58. The company has a debt-to-equity ratio of 7.45, a current ratio of 0.72 and a quick ratio of 0.72. Worldpay has a fifty-two week low of $59.10 and a fifty-two week high of $79.73.

Worldpay (NYSE:WP) last announced its quarterly earnings results on Thursday, October 26th. The business services provider reported $0.90 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.89 by $0.01. The business had revenue of $1.03 billion for the quarter, compared to analyst estimates of $551.77 million. Worldpay had a return on equity of 41.19% and a net margin of 6.07%. The company’s quarterly revenue was up 13.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.71 EPS.

COPYRIGHT VIOLATION NOTICE: “Q4 2018 EPS Estimates for Worldpay Inc (WP) Cut by Analyst” was originally published by Community Financial News and is the sole property of of Community Financial News. If you are viewing this story on another publication, it was illegally copied and republished in violation of US & international trademark & copyright law. The original version of this story can be read at https://www.com-unik.info/2018/01/22/q4-2018-eps-estimates-for-worldpay-inc-wp-cut-by-analyst.html.

About Worldpay

Worldpay, Inc, formerly 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.

Receive News & Ratings for Worldpay Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Worldpay and related companies with MarketBeat.com's FREE daily email newsletter.

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