Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Net 1 UEPS Technologies (UEPS) Share Price
Headlines about Net 1 UEPS Technologies (NASDAQ:UEPS) have been trending somewhat positive this week, according to Accern. The research firm scores the sentiment of media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Net 1 UEPS Technologies earned a news sentiment score of 0.17 on Accern’s scale. Accern also gave media headlines about the business services provider an impact score of 45.2377998637094 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the media headlines that may have effected Accern’s analysis:
- ETFs with exposure to Net 1 U.E.P.S. Technologies, Inc. : October 4, 2017 (finance.yahoo.com)
- Net 1 U.E.P.S. Technologies, Inc. breached its 50 day moving average in a Bearish Manner : UEPS-US : October 5, 2017 (finance.yahoo.com)
- FCPA enforcement report for Q3 2017 (fcpablog.com)
- TheStreet Upgrades Net 1 UEPS Technologies, Inc. (UEPS) to B- (americanbankingnews.com)
- Critical Comparison: Net 1 UEPS Technologies (UEPS) and Its Peers (americanbankingnews.com)
UEPS has been the subject of a number of recent analyst reports. BidaskClub downgraded shares of Net 1 UEPS Technologies from a “sell” rating to a “strong sell” rating in a report on Wednesday, July 19th. Zacks Investment Research downgraded shares of Net 1 UEPS Technologies from a “buy” rating to a “hold” rating in a report on Thursday, July 13th. ValuEngine upgraded shares of Net 1 UEPS Technologies from a “buy” rating to a “strong-buy” rating in a report on Saturday, September 30th. Finally, TheStreet upgraded shares of Net 1 UEPS Technologies from a “c” rating to a “b-” rating in a report on Tuesday, September 26th.
Net 1 UEPS Technologies (NASDAQ:UEPS) traded down 0.94% during midday trading on Friday, reaching $9.47. 43,585 shares of the company were exchanged. The firm’s 50-day moving average price is $9.58 and its 200 day moving average price is $10.12. The stock has a market capitalization of $529.03 million, a price-to-earnings ratio of 7.12 and a beta of 0.77. Net 1 UEPS Technologies has a 52-week low of $9.06 and a 52-week high of $13.81.
Net 1 UEPS Technologies (NASDAQ:UEPS) last issued its 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 during 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%. Net 1 UEPS Technologies’s revenue for the quarter was up 2.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.51 EPS. Equities analysts predict that Net 1 UEPS Technologies will post $1.64 earnings per share for the current year.
In related news, Director Christopher Stefan Seabrooke sold 24,533 shares of the stock in a transaction that occurred on Thursday, September 21st. The stock was sold at an average price of $9.83, for a total value of $241,159.39. Following the transaction, the director now owns 18,124 shares in the company, valued at $178,158.92. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Paul Edwards sold 5,000 shares of the stock in a transaction that occurred on Wednesday, September 20th. The stock was sold at an average price of $10.18, for a total value of $50,900.00. Following the completion of the transaction, the director now owns 19,822 shares in the company, valued at approximately $201,787.96. The disclosure for this sale can be found here. 6.32% of the stock is owned by corporate insiders.
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About Net 1 UEPS Technologies
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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