Worldpay Inc (NYSE:WP) VP Shane Happach sold 9,000 shares of the firm’s stock in a transaction dated Monday, April 1st. The stock was sold at an average price of $113.34, for a total transaction of $1,020,060.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
Worldpay stock opened at $112.35 on Friday. The firm has a market cap of $35.26 billion, a PE ratio of 30.49, a price-to-earnings-growth ratio of 1.88 and a beta of 0.91. Worldpay Inc has a 1-year low of $70.41 and a 1-year high of $115.68. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.75.
Worldpay (NYSE:WP) last posted its quarterly earnings data on Tuesday, February 26th. The business services provider reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.97 by $0.08. Worldpay had a net margin of 0.33% and a return on equity of 10.80%. The company had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $1.04 billion. During the same quarter in the previous year, the firm posted $0.97 EPS. The business’s revenue was up 84.5% compared to the same quarter last year. On average, research analysts expect that Worldpay Inc will post 4.25 EPS for the current year.
Several equities research analysts have commented on the stock. Craig Hallum dropped their price target on shares of Worldpay from $110.00 to $95.00 and set a “buy” rating on the stock in a research note on Tuesday, January 15th. Zacks Investment Research upgraded shares of Worldpay from a “sell” rating to a “hold” rating in a research note on Friday, February 22nd. Cantor Fitzgerald restated a “buy” rating and issued a $105.00 price target on shares of Worldpay in a research note on Tuesday, February 26th. Morgan Stanley lowered shares of Worldpay from an “overweight” rating to an “equal weight” rating and raised their price target for the company from $103.00 to $112.00 in a research note on Wednesday, March 20th. Finally, Wedbush dropped their price target on shares of Worldpay from $120.00 to $100.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 29th. Fourteen equities research analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the stock. Worldpay currently has a consensus rating of “Buy” and an average price target of $110.26.
Worldpay, Inc, through its subsidiary, Worldpay Holding, LLC, provides electronic payment processing services in the United States, Europe, Asia, and Australasia. It operates in two segments, Technology Solutions, Merchant Solutions, and Issuer Solutions. The company offers merchant acquiring and payment processing services, such as authorization and settlement, customer service, chargeback and retrieval processing, and interchange management.
Featured Story: Dividend
Receive News & Ratings for Worldpay Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Worldpay and related companies with MarketBeat.com's FREE daily email newsletter.