Vantiv, Inc. (NYSE:VNTV) – Jefferies Group decreased their Q1 2018 earnings per share estimates for Vantiv in a report released on Thursday. Jefferies Group analyst R. El-Assal now forecasts that the business services provider will post earnings per share of $0.70 for the quarter, down from their previous estimate of $0.72. Jefferies Group has a “Buy” rating and a $69.00 price objective on the stock. Jefferies Group also issued estimates for Vantiv’s Q4 2018 earnings at $1.00 EPS.

Vantiv (NYSE:VNTV) last released its earnings results on Thursday, October 26th. The business services provider reported $0.90 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.89 by $0.01. Vantiv had a net margin of 6.07% and a return on equity of 41.19%. The firm had revenue of $1.03 billion for the quarter, compared to analysts’ expectations of $551.77 million. During the same quarter last year, the company earned $0.71 EPS. Vantiv’s quarterly revenue was up 13.1% on a year-over-year basis.

Other equities analysts have also issued research reports about the stock. Buckingham Research upgraded shares of Vantiv from a “neutral” rating to a “buy” rating and set a $90.00 price objective for the company in a research report on Friday, December 8th. KeyCorp restated a “buy” rating and set a $85.00 price objective (up previously from $80.00) on shares of Vantiv in a research report on Monday, December 4th. BidaskClub upgraded shares of Vantiv from a “buy” rating to a “strong-buy” rating in a research report on Friday, August 18th. Cantor Fitzgerald restated a “buy” rating and set a $74.00 price objective on shares of Vantiv in a research report on Thursday, October 26th. Finally, Robert W. Baird restated a “buy” rating and set a $82.00 price objective on shares of Vantiv in a research report on Monday, November 13th. Nine investment analysts have rated the stock with a hold rating and twenty-two have given a buy rating to the company. Vantiv presently has a consensus rating of “Buy” and a consensus target price of $78.00.

Vantiv (NYSE VNTV) opened at $75.87 on Friday. Vantiv has a 12-month low of $58.13 and a 12-month high of $76.22. The company has a debt-to-equity ratio of 7.45, a quick ratio of 0.72 and a current ratio of 0.72. The firm has a market cap of $13,310.52, a PE ratio of 25.13, a PEG ratio of 1.66 and a beta of 0.58.

A number of institutional investors and hedge funds have recently modified their holdings of VNTV. HL Financial Services LLC bought a new position in shares of Vantiv in the second quarter valued at approximately $221,000. Global X Management Co. LLC raised its position in shares of Vantiv by 17.0% in the second quarter. Global X Management Co. LLC now owns 5,481 shares of the business services provider’s stock valued at $347,000 after purchasing an additional 798 shares during the period. Trexquant Investment LP bought a new position in shares of Vantiv in the second quarter valued at approximately $364,000. Schwab Charles Investment Management Inc. raised its position in shares of Vantiv by 9.9% in the second quarter. Schwab Charles Investment Management Inc. now owns 546,643 shares of the business services provider’s stock valued at $34,625,000 after purchasing an additional 49,092 shares during the period. Finally, Arizona State Retirement System raised its position in shares of Vantiv by 168.9% in the second quarter. Arizona State Retirement System now owns 29,314 shares of the business services provider’s stock valued at $1,857,000 after purchasing an additional 18,414 shares during the period.

ILLEGAL ACTIVITY NOTICE: “Brokers Offer Predictions for Vantiv, Inc.’s Q1 2018 Earnings (VNTV)” was first published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this piece on another site, it was stolen and reposted in violation of international copyright legislation. The legal version of this piece can be viewed at https://www.thecerbatgem.com/2017/12/16/brokers-offer-predictions-for-vantiv-inc-s-q1-2018-earnings-vntv.html.

Vantiv Company Profile

Vantiv, Inc is a holding company. The Company conducts its operations through its subsidiary, Vantiv Holding, LLC. The Company is a payment processor. The Company’s segments include Merchant Services and Financial Institution Services. The Company offers a range of payment processing services that enable its clients to meet their payment processing needs through a single provider.

Earnings History and Estimates for Vantiv (NYSE:VNTV)

Receive News & Stock Ratings for Vantiv Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vantiv and related stocks with our FREE daily email newsletter.