EVO Payments, Inc. (NASDAQ:EVOP) has seen 500,861 shares traded in the last trading session. The company, currently valued at $1.44 Billion, closed the last trade at $17.5 per share which meant it gained $1 on the day or 0.0632 during that session. The EVOP stock price is -82.46% off its 52-week high price of $31.93 and 42.17% above the 52-week low of $10.12. If we look at the company’s 10-day average daily trading volume, we find that it stood at 500.97 Million shares traded. The 3-month trading volume is 507.56 Million shares.
The consensus among analysts is that EVO Payments, Inc. (EVOP) is an Overweight stock at the moment, with a recommendation rating of 2.4. None of the analysts rate the stock as a Sell, while none rate it as Overweight. 6 out of 11 have rated it as a Hold, with 5 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is $0.09.
EVO Payments, Inc. (NASDAQ:EVOP) trade information
Sporting 6.32% in the green today, the stock has traded in the green over the last five days, with the highest price hit on Monday, Apr 27 when the EVOP stock price touched $18.02- or saw a rise of 2.89%. Year-to-date, EVO Payments, Inc. shares have moved -0.3374, while the 5-day performance has seen it change 0.2044. Over the past 30 days, the shares of EVO Payments, Inc. (NASDAQ:EVOP) have changed 0.2554. Short interest in the company has seen 2.18 Million shares shorted with days to cover at 0.
Wall Street analysts have a consensus price target for the stock at $19.22, which means that the shares’ value could jump 9.83% from current levels. The projected low price target is $14 while the price target rests at a high of $28. In that case, then, we find that the current price level is +60% off the targeted high while a plunge would see the stock lose -20% from current levels.
EVO Payments, Inc. (EVOP) estimates and forecasts
Figures show that EVO Payments, Inc. shares have underperformed across the wider relevant industry. The company’s shares have lost -39.02% over the past 6 months, with this year growth rate of -27.27, compared to -6.6 for the industry. Other than that, the company has, however, increased its growth outlook for the 2019 fiscal year revenue. Growth estimates for the current quarter are 12.5% and -68.8% for the next quarter. Revenue growth from the last financial year stood is estimated to be +-25.6%.
8 analysts offering their estimates for the company have set an average revenue estimate of $112.23 Million for the current quarter. 8 have an estimated revenue figure of $88.21 Million for the next quarter concluding in 43983. Year-ago sales stood at $135.42 Million and $149.99 Million respectively for this quarter and the next, and analysts expect sales will grow by -17.1% for the current quarter and -41.2% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was +0% over the past 5 years. Earnings growth for 2019 is a modest +55.7% while over the next 5 years, the company’s earnings are expected to increase by 7.08%.
EVO Payments, Inc. (NASDAQ:EVOP)’s Major holders
Insiders own 0.87% of the company shares, while shares held by institutions stand at 108.26% with a share float percentage of 109.21%. Investors are also buoyed by the number of investors in a company, with EVO Payments, Inc. having a total of 219 institutions that hold shares in the company. The top two institutional holders are Brown Advisory Inc. with over 3.72 Million shares worth more than $98.21 Million. As of 43829, Brown Advisory Inc. held 9.01% of shares outstanding.
The other major institutional holder is Vanguard Group, Inc. (The), with the holding of over 3.49 Million shares as of 43829. The firm’s total holdings are worth over $92.2 Million and represent 8.46% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Victory Portfolios-Victory RS Small Cap Growth Fund and Brown Advisory Fds–Brown Advisory Small Cap Growth Fd. As of 43829, the former fund manager holds about 3.06% shares in the company for having 1262850 shares of worth $33.35 Million while later fund manager owns 1.25 Million shares of worth $34.61 Million as of 43860, which makes it owner of about 3.03% of company’s outstanding stock.