Vantiv (VNTV) Upgraded at Wedbush

Wedbush upgraded shares of Vantiv (NYSE:VNTV) from a neutral rating to an outperform rating in a report issued on Friday, MarketBeat Ratings reports. Wedbush also issued estimates for Vantiv’s Q1 2018 earnings at $0.84 EPS, Q2 2018 earnings at $1.02 EPS and Q4 2018 earnings at $1.08 EPS.

Several other brokerages also recently commented on VNTV. Nomura boosted their price objective on shares of Vantiv from $75.00 to $85.00 and gave the company a buy rating in a research report on Monday, August 14th. 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. Keefe, Bruyette & Woods set a $82.00 price objective on shares of Vantiv and gave the company a buy rating in a research report on Sunday, August 13th. BidaskClub downgraded shares of Vantiv from a buy rating to a hold rating in a research report on Thursday, September 7th. Finally, Stifel Nicolaus restated a buy rating and set a $85.00 price objective on shares of Vantiv in a research report on Tuesday, October 24th. Eleven analysts have rated the stock with a hold rating and nineteen have given a buy rating to the stock. The stock presently has a consensus rating of Buy and a consensus target price of $76.54.

Shares of Vantiv (VNTV) opened at $71.87 on Friday. The company has a debt-to-equity ratio of 7.45, a current ratio of 0.72 and a quick ratio of 0.72. Vantiv has a 1 year low of $55.80 and a 1 year high of $76.22. The firm has a market cap of $13,354.96, a P/E ratio of 25.21, a PEG ratio of 1.67 and a beta of 0.58.

Vantiv (NYSE:VNTV) last announced its quarterly earnings data on Thursday, October 26th. The business services provider reported $0.90 EPS for the quarter, beating the 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 business had revenue of $1.03 billion during the quarter, compared to the consensus estimate of $551.77 million. During the same period in the previous year, the business earned $0.71 earnings per share. The company’s revenue was up 13.1% on a year-over-year basis. analysts predict that Vantiv will post 3.16 EPS for the current year.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Capstone Asset Management Co. grew its stake in shares of Vantiv by 3.1% in the second quarter. Capstone Asset Management Co. now owns 4,629 shares of the business services provider’s stock worth $293,000 after purchasing an additional 140 shares during the last quarter. Aperio Group LLC grew its stake in shares of Vantiv by 3.0% in the second quarter. Aperio Group LLC now owns 17,583 shares of the business services provider’s stock worth $1,114,000 after purchasing an additional 513 shares during the last quarter. US Bancorp DE grew its stake in shares of Vantiv by 10.4% in the second quarter. US Bancorp DE now owns 16,506 shares of the business services provider’s stock worth $1,045,000 after purchasing an additional 1,557 shares during the last quarter. Great West Life Assurance Co. Can grew its stake in shares of Vantiv by 19.4% in the second quarter. Great West Life Assurance Co. Can now owns 103,544 shares of the business services provider’s stock worth $6,550,000 after purchasing an additional 16,832 shares during the last quarter. Finally, Rothschild Asset Management Inc. grew its stake in shares of Vantiv by 13.2% in the second quarter. Rothschild Asset Management Inc. now owns 9,154 shares of the business services provider’s stock worth $580,000 after purchasing an additional 1,064 shares during the last quarter.

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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.

Analyst Recommendations for Vantiv (NYSE:VNTV)

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