Stock To Watch: Verifone Systems, Inc. (NYSE:PAY)


The leading market experts have placed a mean price target of $21.86 on Verifone Systems, Inc. (NYSE:PAY) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.40 a share for the upcoming quarter and $1.85 for the current fiscal.

Technical View

The technical analysis of Verifone Systems, Inc. Common S plainly substantiates that the 50-day moving average of Verifone Systems, Inc. Common S is $19.14, and stock is trading $-2.33 points away or -12.15% from its 50-day moving average of $19.14. Further it is trading $-6.65 or -28.34% away its 200-day moving average of $23.46. Verifone Systems, Inc. (NYSE:PAY) 52-week high is $31.24 and the 52-week low is $16.07.

This explains if the stock moves $-14.43, it will post a 52-week high. In event of +4.60% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Verifone Systems, Inc. Common S, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Verifone Systems, Inc. (NYSE:PAY) ratio came in at 25.74.

The stock last ended the trading session at $16.81 and registered a market cap of $1.86B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Verifone Systems, Inc. (NYSE:PAY) PEG ratio is at 0.66.

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