Versapay Corp. (CVE:VPY) – Investment analysts at Raymond James raised their FY2021 earnings per share estimates for shares of Versapay in a research note issued to investors on Wednesday, November 27th. Raymond James analyst B. Phelan now anticipates that the company will post earnings of $0.06 per share for the year, up from their previous estimate of $0.05. Raymond James has a “Strong-Buy” rating and a $3.75 price objective on the stock.
Other equities analysts have also recently issued reports about the company. Eight Capital boosted their target price on Versapay from C$2.50 to C$4.00 in a research note on Thursday, August 8th. Pi Financial reduced their target price on Versapay from C$3.00 to C$2.25 and set a “buy” rating on the stock in a research note on Thursday.
Versapay Company Profile
VersaPay Corporation, a financial technology company, provides cloud-based invoicing, accounts receivable (A/R) management, and payment solutions for businesses in Canada and the United States. The company offers ARC, a business-to-business solution that delivers capabilities in areas, such as invoice presentment, collaboration and collection, electronic payment, cash application, and A/R insight; PayPort, a cloud-based credit card and electronic funds transfer service; and Gateway that allows third party technology partners to connect to PayPort through a secure application program interface and offer the service as part of their own service offering.
Further Reading: Balance Sheet
Receive News & Ratings for Versapay Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Versapay and related companies with MarketBeat.com's FREE daily email newsletter.