Vantiv, Inc. Class A Common Sto (NYSE:VNTV):
First Hawaiian Bank Expands its Community Outreach with Merchant Services from Vantiv.
The company is trading down since yesterday’s close of $59.14.
Company chares are trading at $59.07 just above the 50 day moving average which is $55.96 and marginally over the 200 day moving average of $55.14. The 50 day moving average was up $3.11 whereas the 200 day average was up by +7.13%.
Vantiv, Inc. Class A Common Sto’s P/E ratio is 43.79 and the market cap of the company is 9.20B. As of the last earnings report the EPS was $1.35 and is estimated to be $2.69 for the current year with 155,740,000 shares presently outstanding. Next quarter’s EPS is forecasted to be $0.65 with next year’s EPS projected to be $3.06.
A few Wall Street analysts have released opinions on VNTV. Wedbush started covering the stock with an initial rating of “Neutral”. Equity analyst Barclays both downgraded the stock and raised the price target on July 29 changing the price objective from $55.00 to $60.00 and altering the rating from “Overweight” to “Equal-weight”.
On July 29 the company was downgraded from “Buy” to “Equal-weight” and a price target of $60.00 was set by analysts at CLSA. On July 29 the stock rating was downgraded to “Equal-weight” from “Overweight” with a current price target of $60.00 in a report issued by Barclays.
CLSA downgraded the stock and raised the price target on July 29 boosting the price target from $48.00 to $60.00 and moving the rating from “Buy” to “Equal-weight”. On April 19, 2016 William Blair began coverage of VNTV setting a rating of “Outperform”.