PayPoint’s (PAY) “Buy” Rating Reiterated at Panmure Gordon

PayPoint (LON:PAY)‘s stock had its “buy” rating reiterated by investment analysts at Panmure Gordon in a report issued on Thursday,Digital Look reports. They currently have a GBX 1,100 target price on the stock. Panmure Gordon’s price objective would suggest a potential upside of 108.73% from the company’s current price.

PayPoint Stock Down 18.9%

LON:PAY traded down GBX 123 during mid-day trading on Thursday, reaching GBX 527. The stock had a trading volume of 2,399,541 shares, compared to its average volume of 240,849. The stock has a market cap of £334.76 million, a P/E ratio of 18.50, a PEG ratio of 31.13 and a beta of 0.93. The business’s 50 day moving average is GBX 699.75 and its 200 day moving average is GBX 727.58. The company has a debt-to-equity ratio of 81.52, a current ratio of 0.99 and a quick ratio of 0.65. PayPoint has a fifty-two week low of GBX 525 and a fifty-two week high of GBX 870.

PayPoint (LON:PAY) last posted its earnings results on Thursday, November 20th. The company reported GBX 29.25 EPS for the quarter. PayPoint had a net margin of 11.65% and a return on equity of 30.78%. As a group, sell-side analysts predict that PayPoint will post 56.9500056 earnings per share for the current year.

PayPoint Company Profile

PayPoint plc engages in the provision of payments and banking, shopping, and e-commerce services and products in the United Kingdom. The company operates through two segments: PayPoint and Love2shop. The PayPoint segment provides card payment services to retailers, including leased payment devices; EPoS; ATM cash machines; SIM cards sales; receipt advertising; bill payment services and cash top-ups to individual consumers; parcel delivery and collection services; retailer service fees solutions; and digital payment services, as well as cash through to digital services.