Vantiv Inc (VNTV) Given Average Recommendation of “Buy” by Analysts
Vantiv Inc (NYSE:VNTV) has received an average recommendation of “Buy” from the thirty analysts that are currently covering the stock, MarketBeat Ratings reports. Eight equities research analysts have rated the stock with a hold rating, twenty-one have given a buy rating and one has given a strong buy rating to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $80.43.
VNTV has been the topic of a number of analyst reports. Bank of America initiated coverage on shares of Vantiv in a research report on Tuesday, September 12th. They issued a “neutral” rating on the stock. Citigroup reaffirmed a “buy” rating and issued a $83.00 price objective on shares of Vantiv in a research report on Monday, September 25th. Keefe, Bruyette & Woods reaffirmed a “buy” rating and issued a $82.00 price objective on shares of Vantiv in a research report on Thursday, September 28th. BidaskClub downgraded shares of Vantiv from a “hold” rating to a “sell” rating in a research report on Thursday, September 28th. Finally, Nomura reiterated a “buy” rating and issued a $85.00 target price on shares of Vantiv in a research note on Friday, September 29th.
Shares of Vantiv (VNTV) traded down $0.71 during trading on Tuesday, hitting $77.09. 3,630,000 shares of the stock were exchanged, compared to its average volume of 2,990,000. 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 52-week low of $59.10 and a 52-week high of $78.25. The stock has a market cap of $13,710.00, a P/E ratio of 53.53, a P/E/G ratio of 1.53 and a beta of 0.58.
Vantiv (NYSE:VNTV) last issued its quarterly earnings data on Thursday, October 26th. The business services provider reported $0.90 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $551.77 million. During the same quarter in the previous year, the firm earned $0.71 EPS. The company’s quarterly revenue was up 13.1% compared to the same quarter last year. equities research analysts expect that Vantiv will post 3.16 earnings per share for the current fiscal year.
A number of hedge funds and other institutional investors have recently made changes to their positions in VNTV. Public Employees Retirement System of Ohio increased its holdings in shares of Vantiv by 9.0% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 119,825 shares of the business services provider’s stock valued at $8,444,000 after purchasing an additional 9,885 shares in the last quarter. GSA Capital Partners LLP increased its holdings in shares of Vantiv by 24.2% during the 3rd quarter. GSA Capital Partners LLP now owns 5,932 shares of the business services provider’s stock valued at $418,000 after purchasing an additional 1,157 shares in the last quarter. IFM Investors Pty Ltd purchased a new position in shares of Vantiv during the 3rd quarter valued at approximately $383,000. Sterling Capital Management LLC increased its holdings in shares of Vantiv by 3.1% during the 3rd quarter. Sterling Capital Management LLC now owns 58,295 shares of the business services provider’s stock valued at $4,108,000 after purchasing an additional 1,738 shares in the last quarter. Finally, Neuberger Berman Group LLC increased its holdings in shares of Vantiv by 534.0% during the 3rd quarter. Neuberger Berman Group LLC now owns 53,548 shares of the business services provider’s stock valued at $3,774,000 after purchasing an additional 45,102 shares in the last quarter.
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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.
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