U.S. Markets closed

VeriFone Systems, Inc. (PAY)

YHD - YHD Delayed Price. Currency in USD
Add to watchlist
At close: 6:07PM EDT
Full screen
Previous CloseN/A
YTD ReturnN/A
Expense Ratio (net)N/A
CategoryN/A
Last Cap GainN/A
Morningstar RatingN/A
Morningstar Risk RatingN/A
Sustainability RatingN/A
Net AssetsN/A
Beta (5Y Monthly)N/A
YieldN/A
5y Average ReturnN/A
Holdings TurnoverN/A
Last DividendN/A
Average for CategoryN/A
Inception DateN/A
  • Moody's

    Verifone Systems, Inc. -- Moody's announces completion of a periodic review of ratings of Verifone Systems, Inc.

    Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Verifone Systems, Inc. New York, July 15, 2020 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Verifone Systems, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.

  • Moody's

    Verifone Systems, Inc. -- Moody's downgrades Verifone's CFR to B3, outlook stable

    Moody's Investors Service ("Moody's") downgraded Verifone Systems, Inc.'s (Verifone) Corporate Family Rating (CFR) to B3 from B2 and Probability of Default Rating (PDR) to B3-PD from B2-PD. The company's senior secured credit facility rating was downgraded to B3 from B2. Verifone's credit profile is constrained by limited revenue growth and elevated leverage (Moody's adjusted total leverage of 6.9x at fiscal 2019 year-end, adding back one-time items but not pro forma for unrealized cost savings).