Wall Street brokerages expect that Worldpay Inc (NYSE:WP) will announce earnings per share of $1.08 for the current quarter, Zacks reports. Eleven analysts have issued estimates for Worldpay’s earnings, with the highest EPS estimate coming in at $1.11 and the lowest estimate coming in at $1.05. Worldpay posted earnings per share of $0.97 during the same quarter last year, which indicates a positive year-over-year growth rate of 11.3%. The company is expected to announce its next quarterly earnings report on Wednesday, February 27th.

According to Zacks, analysts expect that Worldpay will report full-year earnings of $4.00 per share for the current year, with EPS estimates ranging from $3.97 to $4.01. For the next fiscal year, analysts anticipate that the company will post earnings of $4.60 per share, with EPS estimates ranging from $4.47 to $4.73. Zacks Investment Research’s EPS averages are a mean average based on a survey of analysts that that provide coverage for Worldpay.

Worldpay (NYSE:WP) last issued its quarterly earnings results on Thursday, November 8th. The business services provider reported $1.05 EPS for the quarter, topping the consensus estimate of $1.03 by $0.02. Worldpay had a negative net margin of 3.99% and a positive return on equity of 11.66%. The firm had revenue of $1.02 billion for the quarter, compared to analysts’ expectations of $1.02 billion. During the same period in the previous year, the firm posted $0.90 EPS. The company’s revenue for the quarter was down 1.5% on a year-over-year basis.

WP has been the topic of several analyst reports. TheStreet cut shares of Worldpay from a “b-” rating to a “c” rating in a research report on Friday, November 23rd. Royal Bank of Canada cut shares of Worldpay from a “top pick” rating to an “outperform” rating and boosted their price target for the stock from $103.00 to $107.00 in a research report on Tuesday, December 18th. They noted that the move was a valuation call. Zacks Investment Research lowered shares of Worldpay from a “hold” rating to a “sell” rating in a research note on Saturday, January 12th. Nomura lowered their price objective on shares of Worldpay from $125.00 to $122.00 and set a “buy” rating on the stock in a research note on Friday, November 16th. Finally, Barclays initiated coverage on shares of Worldpay in a research note on Wednesday, November 14th. They set an “overweight” rating and a $108.00 price objective on the stock. One research analyst has rated the stock with a sell rating, three have issued a hold rating and twenty-seven have given a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $101.35.

Institutional investors and hedge funds have recently made changes to their positions in the stock. Court Place Advisors LLC grew its stake in Worldpay by 49.6% in the 3rd quarter. Court Place Advisors LLC now owns 7,243 shares of the business services provider’s stock valued at $733,000 after buying an additional 2,400 shares during the last quarter. Concorde Asset Management LLC acquired a new position in Worldpay in the 3rd quarter valued at about $203,000. Vanguard Group Inc. grew its stake in Worldpay by 1.5% in the 3rd quarter. Vanguard Group Inc. now owns 25,870,601 shares of the business services provider’s stock valued at $2,619,916,000 after buying an additional 386,174 shares during the last quarter. Nisa Investment Advisors LLC grew its stake in Worldpay by 411.8% in the 3rd quarter. Nisa Investment Advisors LLC now owns 43,500 shares of the business services provider’s stock valued at $4,405,000 after buying an additional 35,000 shares during the last quarter. Finally, Seven Eight Capital LP grew its stake in Worldpay by 133.0% in the 3rd quarter. Seven Eight Capital LP now owns 50,800 shares of the business services provider’s stock valued at $5,145,000 after buying an additional 29,000 shares during the last quarter. Institutional investors and hedge funds own 88.30% of the company’s stock.

NYSE:WP traded down $0.56 on Tuesday, hitting $83.32. 2,679,674 shares of the company’s stock were exchanged, compared to its average volume of 2,732,450. The company has a debt-to-equity ratio of 0.72, a current ratio of 0.97 and a quick ratio of 0.97. Worldpay has a 52 week low of $70.41 and a 52 week high of $103.50. The stock has a market capitalization of $26.18 billion, a PE ratio of 26.88, a price-to-earnings-growth ratio of 1.31 and a beta of 0.86.

About Worldpay

Worldpay, Inc, through its subsidiary, Vantiv Holding, LLC, provides electronic payment processing services to merchants and financial institutions in the United States, Europe, and Asia. It operates in two segments, Merchant Services and Financial Institution Services. The Merchant Services segment offers merchant acquiring and payment processing services, such as authorization and settlement, customer service, chargeback and retrieval processing, and interchange management to national merchants, and regional and small-to-mid sized businesses.

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