Headlines about Worldpay (NYSE:WP) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Worldpay earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave media coverage about the business services provider an impact score of 45.922555716611 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the news headlines that may have effected Accern’s analysis:
- Stock Technical’s & Performances to Explore – Worldpay Inc (NYSE: WP) – Stocks Market Cap (stocksmarketcap.com)
- Tiling Stocks: Worldpay, Inc., (NYSE: WP), Hologic, Inc., (NASDAQ: HOLX); – TNN (tradingnewsnow.com)
- Is Worldpay, Inc. (WP) a Buy? The Stock Reaches All Time High Today – Fl?tl?nd N?ws (flatlandnews.com)
- Is the Stock Safe to Invest?: Worldpay Inc (NYSE: WP) – Alpha Beta Stock (alphabetastock.com)
- Swings under Short-Term Obligation: Worldpay, Inc. (NYSE:WP) – Stock News Stop (stockmarketstop.com)
A number of brokerages have recently issued reports on WP. Jefferies Group raised Worldpay from a “hold” rating to a “buy” rating and set a $69.00 price objective on the stock in a research note on Thursday, December 14th. Cantor Fitzgerald reaffirmed a “buy” rating and set a $79.00 price objective on shares of Worldpay in a research note on Tuesday, December 12th. Buckingham Research raised Worldpay from a “neutral” rating to a “buy” rating and set a $90.00 price objective on the stock in a research note on Friday, December 8th. Cowen reaffirmed a “buy” rating and set a $84.00 price objective on shares of Worldpay in a research note on Thursday, December 7th. Finally, Deutsche Bank raised their price objective on Worldpay to $82.00 and gave the company a “buy” rating in a research note on Monday, December 4th. Seven equities research analysts have rated the stock with a hold rating, twenty-seven have given a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $83.59.
Worldpay (NYSE:WP) last posted its earnings results on Wednesday, February 28th. The business services provider reported $0.90 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.91 by ($0.01). Worldpay had a return on equity of 52.03% and a net margin of 3.23%. The firm had revenue of $569.00 million for the quarter, compared to analysts’ expectations of $563.04 million. During the same quarter in the prior year, the company posted $0.75 earnings per share. The business’s revenue for the quarter was up 13.3% on a year-over-year basis. sell-side analysts anticipate that Worldpay will post 3.59 earnings per share for the current year.
In other Worldpay news, insider Kimberly Martin sold 5,308 shares of the firm’s stock in a transaction dated Monday, March 5th. The shares were sold at an average price of $82.96, for a total value of $440,351.68. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Royal Cole sold 44,283 shares of the firm’s stock in a transaction dated Monday, March 5th. The stock was sold at an average price of $83.17, for a total transaction of $3,683,017.11. The disclosure for this sale can be found here. Company insiders own 1.27% of the company’s stock.
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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.
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