Net 1 UEPS Technologies (UEPS) Earning Somewhat Favorable Press Coverage, Study Finds
News headlines about Net 1 UEPS Technologies (NASDAQ:UEPS) have been trending somewhat positive on Thursday, Accern reports. Accern scores the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Net 1 UEPS Technologies earned a coverage optimism score of 0.04 on Accern’s scale. Accern also gave headlines about the business services provider an impact score of 47.6589028365911 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the headlines that may have impacted Accern’s analysis:
- Earnings Review and Free Research Report: Vantiv’s Net Revenue Jumped 10%; Adjusted EPS Climbed 19% (finance.yahoo.com)
- Net 1 U.E.P.S. Technologies, Inc. :UEPS-US: Earnings Analysis: 2017 By the Numbers : August 29, 2017 (finance.yahoo.com)
- Net 1 U.E.P.S. Technologies, Inc. breached its 50 day moving average in a Bearish Manner : UEPS-US : August 28, 2017 (finance.yahoo.com)
- Edited Transcript of UEPS earnings conference call or presentation 25-Aug-17 12:00pm GMT (finance.yahoo.com)
Shares of Net 1 UEPS Technologies (UEPS) traded up 0.21% during midday trading on Thursday, reaching $9.34. 65,213 shares of the company traded hands. The stock has a market capitalization of $521.77 million, a price-to-earnings ratio of 7.02 and a beta of 0.77. The company’s 50 day moving average is $9.67 and its 200-day moving average is $10.82. Net 1 UEPS Technologies has a 12 month low of $8.37 and a 12 month high of $13.81.
Net 1 UEPS Technologies (NASDAQ:UEPS) last announced its quarterly earnings results on Friday, August 25th. The business services provider reported $0.37 earnings per share for the quarter, missing analysts’ consensus estimates of $0.44 by $0.07. The business had revenue of $155.10 million for the quarter, compared to analyst estimates of $172.64 million. Net 1 UEPS Technologies had a net margin of 11.96% and a return on equity of 14.06%. The company’s quarterly revenue was up 2.5% on a year-over-year basis. During the same period last year, the firm earned $0.51 earnings per share. Equities research analysts forecast that Net 1 UEPS Technologies will post $1.64 earnings per share for the current fiscal year.
Several brokerages recently weighed in on UEPS. TheStreet downgraded shares of Net 1 UEPS Technologies from a “b” rating to a “c+” rating in a research note on Thursday, May 4th. Zacks Investment Research downgraded shares of Net 1 UEPS Technologies from a “buy” rating to a “hold” rating in a research note on Thursday, July 13th. Finally, BidaskClub downgraded shares of Net 1 UEPS Technologies from a “sell” rating to a “strong sell” rating in a research note on Wednesday, July 19th.
Net 1 UEPS Technologies Company Profile
Net 1 UEPS Technologies, Inc is a provider of payment solutions, transaction processing services and financial technology across multiple industries. The Company develops and markets a transaction processing solution that encompasses its smart card-based alternative payment system for the unbanked and under-banked populations of developing economies and for mobile transaction channels.
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