Analysts Set Expectations for Points International Ltd.’s FY2016 Earnings (PCOM)
Points International Ltd. (NASDAQ:PCOM) – Research analysts at B. Riley issued their FY2016 EPS estimates for Points International in a report issued on Wednesday. B. Riley analyst A. D’silva anticipates that the brokerage will earn $0.24 per share for the year. B. Riley currently has a “Buy” rating and a $10.00 target price on the stock. B. Riley also issued estimates for Points International’s Q4 2016 earnings at $0.10 EPS, Q1 2017 earnings at $0.05 EPS, Q2 2017 earnings at $0.13 EPS, Q3 2017 earnings at $0.10 EPS, Q4 2017 earnings at $0.16 EPS and FY2017 earnings at $0.45 EPS.
Points International (NASDAQ:PCOM) last announced its quarterly earnings data on Wednesday, August 10th. The company reported $0.06 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.03 by $0.03. Points International had a return on equity of 7.02% and a net margin of 0.97%.
PCOM has been the subject of several other research reports. Citigroup Inc. assumed coverage on Points International in a research report on Wednesday. They set a “buy” rating for the company. Royal Bank Of Canada cut their target price on Points International from $19.00 to $16.00 and set an “outperform” rating for the company in a research report on Thursday, November 3rd. Finally, RBC Capital Markets reiterated an “outperform” rating and set a $16.00 target price (down previously from $19.00) on shares of Points International in a research report on Thursday, November 3rd. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $13.25.
Points International (NASDAQ:PCOM) opened at 6.8999 on Friday. The company has a market cap of $104.00 million, a P/E ratio of 34.4995 and a beta of 1.33. The company’s 50 day moving average price is $8.10 and its 200-day moving average price is $8.75. Points International has a one year low of $6.65 and a one year high of $11.00.
An institutional investor recently raised its position in Points International stock. Acrospire Investment Management LLC boosted its stake in shares of Points International Ltd. (NASDAQ:PCOM) by 58.3% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 11,554 shares of the company’s stock after buying an additional 4,254 shares during the period. Acrospire Investment Management LLC owned 0.08% of Points International worth $104,000 as of its most recent filing with the SEC. 42.80% of the stock is owned by hedge funds and other institutional investors.
Points International Company Profile
Points International Ltd. (Points) provides a range of e-commerce and technology services to loyalty program operators using a common infrastructure. These services include a range of white label or private branded e-commerce services (Loyalty Currency Services) that enable the sale of loyalty currencies (such as frequent flyer miles, hotel points and credit card points), both retail and wholesale, and support the loyalty program consumer offerings and their back end operations.
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