Robert W. Baird Reaffirms “Buy” Rating for Vantiv (NYSE:VNTV)

Vantiv (NYSE:VNTV)‘s stock had its “buy” rating restated by analysts at Robert W. Baird in a note issued to investors on Monday, November 13th. They currently have a $82.00 price target on the business services provider’s stock. Robert W. Baird’s price objective would suggest a potential upside of 9.14% from the stock’s current price.

A number of other equities research analysts have also commented on VNTV. Keefe, Bruyette & Woods set a $82.00 price target on Vantiv and gave the company a “buy” rating in a research report on Sunday, August 13th. Piper Jaffray Companies restated a “hold” rating and set a $64.00 target price on shares of Vantiv in a research report on Thursday, August 10th. Citigroup increased their price objective on Vantiv from $72.00 to $74.00 and gave the stock a “buy” rating in a research note on Friday, August 11th. BidaskClub raised Vantiv from a “hold” rating to a “buy” rating in a research report on Thursday, August 10th. Finally, Craig Hallum set a $80.00 price target on Vantiv and gave the company a “buy” rating in a research report on Thursday, August 10th. Eleven analysts have rated the stock with a hold rating and nineteen have given a buy rating to the stock. Vantiv has a consensus rating of “Buy” and an average target price of $75.96.

Shares of Vantiv (NYSE VNTV) traded up $0.14 during midday trading on Monday, reaching $75.13. The company’s stock had a trading volume of 3,580,000 shares, compared to its average volume of 2,800,000. 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 52-week low of $55.11 and a 52-week high of $76.22. The firm has a market cap of $13,360.00, a PE ratio of 25.17, a PEG ratio of 1.67 and a beta of 0.56.

Vantiv (NYSE:VNTV) last issued its earnings results on Thursday, October 26th. The business services provider reported $0.90 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.89 by $0.01. Vantiv had a return on equity of 41.19% and a net margin of 6.07%. The business had revenue of $1.03 billion during the quarter, compared to analysts’ expectations of $551.77 million. During the same quarter in the prior year, the firm earned $0.71 EPS. The business’s revenue for the quarter was up 13.1% compared to the same quarter last year. equities research analysts expect that Vantiv will post 3.16 earnings per share for the current fiscal year.

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Great Lakes Advisors LLC boosted its position in shares of Vantiv by 1.5% in the 2nd quarter. Great Lakes Advisors LLC now owns 3,218 shares of the business services provider’s stock worth $204,000 after purchasing an additional 47 shares in the last quarter. Shaker Investments LLC OH boosted its position in shares of Vantiv by 0.7% in the 2nd quarter. Shaker Investments LLC OH now owns 11,480 shares of the business services provider’s stock worth $727,000 after purchasing an additional 80 shares in the last quarter. Wedge Capital Management L L P NC boosted its position in shares of Vantiv by 0.8% in the 2nd quarter. Wedge Capital Management L L P NC now owns 12,990 shares of the business services provider’s stock worth $823,000 after purchasing an additional 98 shares in the last quarter. Capstone Asset Management Co. boosted its position in shares of Vantiv by 3.1% in the 2nd 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 in the last quarter. Finally, Associated Banc Corp boosted its position in shares of Vantiv by 1.2% in the 2nd quarter. Associated Banc Corp now owns 17,908 shares of the business services provider’s stock worth $1,134,000 after purchasing an additional 215 shares in 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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