Worldpay (NYSE:WP) issued an update on its first quarter earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $0.76-0.79 for the period, compared to the Thomson Reuters consensus estimate of $0.75. Worldpay also updated its FY18 guidance to $3.66-3.76 EPS.
Several research firms have recently issued reports on WP. Zacks Investment Research upgraded shares of Worldpay from a sell rating to a hold rating in a report on Friday, January 26th. Craig Hallum boosted their price objective on shares of Worldpay from $84.00 to $95.00 and gave the stock a buy rating in a report on Wednesday. Deutsche Bank boosted their price objective on shares of Worldpay to $7.00 and gave the stock a buy rating in a report on Thursday. Citigroup restated a buy rating and set a $94.00 price objective on shares of Worldpay in a report on Thursday. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Worldpay to $94.00 and gave the stock an overweight rating in a report on Thursday. One research analyst has rated the stock with a sell rating, five have issued a hold rating, twenty-seven have assigned a buy rating and one has issued a strong buy rating to the company. The company presently has an average rating of Buy and a consensus target price of $81.37.
Shares of Worldpay (NYSE:WP) traded down $0.01 during trading on Thursday, hitting $81.27. 546,242 shares of the stock traded hands, compared to its average volume of 5,185,154. The company has a debt-to-equity ratio of 7.45, a quick ratio of 0.72 and a current ratio of 0.72. Worldpay has a 1-year low of $59.10 and a 1-year high of $84.34. The firm has a market cap of $13,866.90, a price-to-earnings ratio of 56.08, a P/E/G ratio of 1.58 and a beta of 0.64.
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.