Piper Jaffray Downgrades VeriFone (PAY) to Neutral

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Go back to Piper Jaffray Downgrades VeriFone (PAY) to Neutral

Argus Downgrades VeriFone (PAY) to Hold

September 6, 2016 7:49 AM EDT

Argus downgraded VeriFone (NYSE: PAY) from Buy to Hold on a weaker outlook.

The firm now expects revenue to be flat in FY16, down from their prior forecast of 5% growth. They are lowering their FY16 EPS forecast to $1.66 from $1.85 and their FY17 estimate to... More

Wedbush Downgrades VeriFone (PAY) to Neutral

September 2, 2016 7:12 AM EDT

Wedbush downgraded VeriFone (NYSE: PAY) from Outperform to Neutral with a price target of $20.00 (from $30.00), saying headwinds are unlikely to abate near-term.

Analyst Gil Luria commented, "We are downgrading shares of PAY to NEUTRAL from OUTPERFORM as we do not believe investors... More

VeriFone Systems (PAY) Tops Q3 EPS by 2c; Guides Well Below the Street

September 1, 2016 4:05 PM EDT

VeriFone Systems (NYSE: PAY) reported Q3 EPS of $0.42, $0.02 better than the analyst estimate of $0.40. Revenue for the quarter came in at $493 million versus the consensus estimate of $515.54 million.

GUIDANCE:

VeriFone Systems sees Q4 2016 EPS of $0.28-$0.29, versus the consensus of $0.48.... More