JetPay (NASDAQ:JTPY) posted its quarterly earnings results on Thursday. The credit services provider reported ($0.19) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.16) by ($0.03), Fidelity Earnings reports. The company had revenue of $15.87 million during the quarter, compared to analyst estimates of $19.33 million. JetPay had a negative net margin of 4.54% and a negative return on equity of 305.34%.
JTPY stock opened at $2.15 on Friday. The company has a current ratio of 1.00, a quick ratio of 1.01 and a debt-to-equity ratio of -3.23. The stock has a market capitalization of $33.13 million, a price-to-earnings ratio of -2.87 and a beta of 0.23. JetPay has a 1 year low of $1.45 and a 1 year high of $4.89.
A number of equities research analysts have issued reports on the company. Barrington Research set a $3.00 price target on JetPay and gave the company a “buy” rating in a research report on Thursday. TheStreet lowered JetPay from a “c-” rating to a “d+” rating in a research report on Wednesday, May 2nd. Finally, ValuEngine raised JetPay from a “sell” rating to a “hold” rating in a research report on Monday, April 2nd.
JetPay Corporation provides debit and credit card processing, payroll, human capital management (HCM) and card services to businesses and their employees in the United States. The company operates through two segments, JetPay Payment Processing and JetPay HR and Payroll. It offers debit and credit processing and automated clearing house payment services to small and medium-sized businesses, as well as to large entities, which processes Internet transactions and recurring billings; and HCM services, including payroll, tax filing, time and attendance, HR, and other related services to small and medium-sized employers.
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