The recently concluded session had traders exchanging VeriFone Systems, Inc. (NYSE:PAY) low level. Roughly 1.12 million shares changed hands compared to the three-month volume average 1.71 million shares. The first trade took place at $19.08 and the stock went down -2.86% to attain the closing price of $18.66.VeriFone Systems, Inc. (PAY) Analyst Opinion
VeriFone Systems, Inc. has a consensus hold rating from 21 Wall Street analysts, and the number of shares currently sold short amount to at least 11.86% of shares outstanding. The stock sank -3.42% last month and is up 5.25 this year. Wall Street is only getting more bullish on the stock, with 7 of analysts who cover PAY having a buy-equivalent rating. Analysts have placed a $20.65 price target on VeriFone Systems, Inc., suggesting a 10.66% gain from recent close. It’s currently trading about -11.06% below its 52-week high.VeriFone Systems, Inc. Earnings Surprise
VeriFone Systems, Inc. (PAY) surprised the stock market in its last reported earnings when it earned $0.3 a piece versus the consensus-estimated $0.29. Its revenue totaled $472.64 million up 3.51% from the previous quarter.
This stock (PAY) is ahead of its 52-week low with 24.9%. Its last month’s stock price volatility remained 2% which for the week stands at 1.81%. The share price has moved backward from its 20 days moving average, trading at a distance of -4.61% and stays 0.19% away from its 50 days moving average. Over the last five days, shares have faced -2.66% losses and now is up 2.3% since hitting its 200-day moving average of $18.68. VeriFone Systems, Inc. (PAY) has made its way to a 12-month decline of -0.16%.
Turning to Genesee & Wyoming Inc. (NYSE:GWR), its shares were trading at $65.11 a retreat of $-2.41, on the trading floor. The stock, after opening at $67.09, touched a high of $67.11 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2. Genesee & Wyoming Inc. has 5 buy ratings, 5 holds and 0 sells even after the stock tumbled -19.35% from its high of $80.73 to a $4.03 billion market value through last close.Genesee & Wyoming Inc. (GWR) Consensus Price Target
The company’s consensus rating on Reuter’s scale remained unchanged from 2 to 2 during a month. Analysts set a 12-month price target of $74.17 a share. The target implies a 13.91% spike from where the shares are currently trading. Also, the current price highlights a discount of 22.87% to analysts’ high consensus price target.Genesee & Wyoming Inc. (NYSE:GWR) Intraday Trading
The counter witnessed a trading volume of 0.31 million shares versus an average volume of 0.41 million shares during last trading session. Its last month’s stock price volatility remained 2.04% which for the week approaches 1.86%. The lowest price the stock reached in the last trading day was $65.09 and compares with the $61.44 52-week low. The stock recovered 5.97% since its low point and has performed -6.2% year-to-date.