|Bid||0.00 x 37100|
|Ask||0.00 x 20900|
|Day's Range||139.20 - 142.30|
|52 Week Range||86.00 - 199.00|
|Beta (3Y Monthly)||0.72|
|PE Ratio (TTM)||45.19|
|Earnings Date||Aug 7, 2019|
|Forward Dividend & Yield||0.20 (0.15%)|
|1y Target Est||205.49|
Dan McCrum and team have worked to unravel the story of Wirecard, one of European most high-profile fintech companies, for four years. This FT investigation is ongoing. If you have comments, questions ...
ASCHHEIM, Germany, May 16, 2019 /PRNewswire/ -- Wirecard, the global innovation leader in digital financial technology, and Printemps, a leading French department store, expand their collaboration regarding WeChat Pay acceptance in-store. The Wirecard WeChat Pay solution has been implemented at multiple Printemps locations throughout France. At the fashion, beauty and luxury retailer's flagship store on Boulevard Haussmann in central Paris, a dedicated WeChat Pay campaign has now been launched for the current Chinese peak travel period around the Chinese May holidays.
ASCHHEIM, Germany, May 13, 2019 /PRNewswire/ -- Wirecard, the global innovation leader for digital financial technology, has assumed responsibility for the entire payment processing in the e-commerce shop of Apollo, one of the largest optical retailers in Germany. Wirecard ensures smooth payment transactions for Apollo in the background and enables customers to conveniently and flexibly order and pay for their spectacle frames, contact lenses and other products online, and have them delivered either to their home or to the Apollo branch of their choice.
Wirecard sees the total five-year profit potential from its alliance with Japan's Softbank Group Corp at between 209 million euros and 273 million euros ($235-$307 million), the German payments company said on Friday. Wirecard struck the partnership last month with Softbank, to which it is issuing 900 million euros in convertible bonds, and gave a first estimate of its profit potential in an invitation to its annual general meeting on June 18. The present value of the estimated profit gains, after applying an 8.5 percent discount rate to reflect Wirecard's cost of capital, was betweeen 152 million and 199 million euros, the company said.
● Thyssenkrupp rebounded from a five-year low to lead the Stoxx 600 gainers after the steelmaker scrapped break-up plans and proposed instead to separately list its lifts division. Guido Kerkhoff, Thyssen chief executive, ditched a planned split of the group into industrials and materials companies ahead of a likely European Commission rejection of its proposed European steel joint venture with Tata of India. “Elevators has been long held as the crown jewel in Thyssen’s portfolio, contributing a significant portion of earnings,” said Jefferies, which put an enterprise value on the division of up to €14bn.
Resolute earnings from Siemens and Wirecard aided sentiment, while the White House said China has indicated it wants to strike a trade deal. "All we need to know is how the next 48 hours unfold with China's vice premier in Washington for talks," said Craig Erlam, senior market analyst at Oanda.
German payments firm Wirecard is considering buying back shares following its partnership with Japan's Softbank Group which it said on Wednesday had already created leads for potential cooperation in digital payments. Wirecard will pay out to shareholders "a substantial portion" of the proceeds of a 900 million euro ($1 billion) convertible bond issue that Softbank will buy as part of the alliance struck last month, CEO Markus Braun said. "We have already started very quickly to make this partnership happen," Braun told analysts on a conference call after Wirecard reported a 41 percent increase in first-quarter core profits, helping to lift its shares price.
German shares led gains in Europe on Wednesday as robust earnings from the country's Siemens and Wirecard overshadowed mounting worries over a U.S.-China trade deal. Chinese Vice Premier Liu He will travel to Washington on Thursday for two days of trade talks, in a bid to avoid a sharp increase in tariffs on Chinese goods that U.S. President Donald Trump had threatened to impose over the weekend. "The fact that Chinese Vice-Premier Liu He is still expected to arrive in Washington to keep the talks going is probably the reason why this has not turned into an absolute meltdown," Elwin de Groot, head of macro strategy at Rabobank, said.
European shares fell on Wednesday for a third day as concern mounted over a U.S.-China trade deal, although positive reports from the likes of Wirecard and Siemens helped German stocks to rise. Chinese Vice Premier Liu He will travel to Washington on Thursday for two days of trade talks, in a bid to avoid increases in tariffs on Chinese goods that U.S. President Donald Trump had threatened to impose. European stocks were also roiled by a European Commission decision on Tuesday to lower its forecasts for euro zone economic growth.
Wirecard has lifted its operating profit forecast after the volume of payments processed by the German financial services company that is in the midst of an accounting scandal grew vigorously at the start of this year. Wirecard’s ebitda between January and March was 41 per cent higher than in the same period a year ago, the company reported on Wednesday.
Wirecard AG raised its earnings forecast for the year after first-quarter profit jumped on growing transactions, suggesting allegations of accounting irregularities aren’t affecting the German payments company’s business. Increasing its 2019 profit guidance to as much as 810 million euros ($908 million) is good news for Chief Executive Officer Markus Braun, who has battled the allegations since January. Combining emerging digital financial services on a single platform “will drive the formation of one of the world’s largest growth markets,” Braun -- also Wirecard’s biggest shareholder -- said in a statement Wednesday.
ASCHHEIM Germany, May 8, 2019 /PRNewswire/ -- Transaction volume in Q1/19 increased by 37.4 percent Consolidated revenues + 34.8 percent EBITDA + 40.7 percent Earnings after tax increased by 50.0 percent ...
ASCHHEIM, Germany, May 2, 2019 /PRNewswire/ -- Wirecard, the global innovation leader for digital financial technology, enables Alipay payments for high-fashion brand Karen Millen at the POS and online shop. As a result of the cooperation, Karen Millen stores in Europe can now accept China's leading mobile payment solution. The fully digital solution is smoothly integrated into the retailer's existing payment infrastructure via the Wirecard ePOS App, which can be used via any mobile device operating Android or iOS.
Wirecard, the global innovation leader in digital financial technology, is enabling Android users in Switzerland to benefit from the launch of Google Pay with boon. The mobile payment solution is now available for download in the Swiss Google Play Store.
ASCHHEIM, Germany, April 30, 2019 /PRNewswire/ -- Wirecard, the global innovation leader for digital financial technology, has equipped the Käfer AG with modern, digital unified commerce solutions. In addition to the acceptance of digital payment methods – including Apple Pay and Google Pay – at the point of sale throughout Germany, Wirecard's scope also includes e-commerce, enabling payment acceptance in the Käfer Online Shop.
Guggenheim Securities is lowering its revenue, EBITDA and EPS estimates for Wirecard (OTC: WRCDF ) after the card processor's fourth-quarter print. The Analyst Jeff Cantwell downgraded Wirecard from ...
Wulf Matthias will not stand for a second term as Wirecard's chairman in 2020, German daily Handelsblatt said on Friday, citing sources in the financial industry. For age reasons alone this would not be ...
It is publicly listed, has a place in the prized Dax index of blue-chip German companies, and has a bigger market value ($18.3 billion) than Deutsche Bank AG. When the Financial Times’s allegations of dodgy accounting pummeled the stock earlier this year, Wirecard wasn’t alone in rebuffing the reports: German regulators swooped in to protect the company by banning hedge funds from betting against it. Since the short-selling ban was lifted last week, more financial support has emerged for Wirecard, which is fighting new FT allegations about its dealings with partner companies.