|Bid||0.00 x 800|
|Ask||0.00 x 1200|
|Day's Range||87.31 - 88.39|
|52 Week Range||70.41 - 103.50|
|Beta (3Y Monthly)||0.84|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 26, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||102.67|
In fact, management has a “full” deal pipeline, said Sloan, a former Goldman Sachs banker who has led Global Payments since 2013. After at least two acquisitions in the past six months, he’s seeing some price premiums that are higher than he’s willing to pay. Instead, he sees more opportunities among publicly traded companies, especially when they report disappointing results, he added, declining to mention specific stocks.
This partnership will open-up the opportunity for businesses of all sizes to deliver cost effective, simple and transparent card payments solutions. Furthermore, the collaboration will help reduce time-to-trade for businesses, a vital pre-cursor for success.
Some CEOs like to rule their company with an iron fist. But for Worldpay leader Charles Drucker, it is his velvet glove that has paid the biggest dividends.
Payments technology giant Worldpay Inc. (NYSE: WP) plans to cut 234 jobs in Atlanta, the company says in a filing with the state of Georgia. The positions being cut are related to the "staffing and support of its call center operations, including some professional positions that provide support to other areeas of Worldpay's business," the company said. “Atlanta is the epicenter of financial services technology with access to innovative talent, infrastructure and creative business which positions us best for continued growth,” said Worldpay US CEO Tony Catalfano in a December 2014 statement.
# Worldpay Inc ### NYSE:WP View full report here! ## Summary * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is low ## Bearish sentiment Short interest | Positive Short interest is low for WP with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. ## Money flow ETF/Index ownership | Negative ETF activity is negative and may be weakening. The net inflows of $428 million over the last one-month into ETFs that hold WP are among the lowest of the last year and appear to be slowing. ## Economic sentiment PMI by IHS Markit | Neutral According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Industrials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. ## Credit worthiness Credit default swap CDS data is not available for this security. Please send all inquiries related to the report to email@example.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
CINCINNATI and LONDON , Jan. 25, 2019 /PRNewswire/ -- Worldpay, Inc. (NYSE: WP; LSE: WPY), a leading payments technology company, announced today that it will host a conference call to discuss its fourth ...
Three of Greater Cincinnati’s largest companies – Fifth Third Bancorp, Kroger Co. and Worldpay Inc. – are the most popular picks in the Business Courier’s annual stock-picking contest.
German consumers are on a mission for convenience as mobile continues its ascent to the most popular shopping channel, according to new data from Worldpay, Inc. (WP) (WPY.L), a global leader in the payments technology industry. Growing at a rate of 16 percent annually, mCommerce is set to be worth €44.3bn by 2022, with Germany poised to become the world's sixth largest mCommerce market in the next four years. This mobile revolution is being powered by consumers' embracing new payment methods, with a particularly steep rise in the adoption of e-invoicing.
A year ago, Symmes Township-based Vantiv Inc. was a sizable, fast-growing company and a force in U.S. payment processing. It wasn’t, however, considered a huge corporate player in Cincinnati. That was before it made the biggest acquisition in its history in January 2018.
Fiserv's acquisition Wednesday of struggling First Data could be the first deal in a wave of consolidation among fintech companies and pressure Square or Fidelity National Information Services, analysts say. Fiserv stock dropped following the acquisition while First Data shares soared.
The deal will create the world’s largest payment processor amid a wave of consolidation in that industry, which faces threats from startups such as Square Inc. and Adyen NV. “It will be interesting to see how combining two fairly large legacy processing companies will be done smoothly given the obvious complexities,” Sanjay Sakhrani, an analyst at Keefe Bruyette & Woods Inc., wrote in a note to clients. KKR & Co. purchased First Data in a 2007 leveraged buyout, right before markets tanked.
Enhanced Worldpay Integration with Revel Advantage Brings a Richer Feature Suite, Unified Pricing & Faster Funding for Customers
In its 2018 Global Payments Report, Worldpay found that the eCommerce market in Japan is set to increase by 29 percent between now and 2022 to become worth US$203.9bn. Japan is one of the largest eCommerce markets in the world, thanks to an internet penetration of 100 percent. The most popular online payment method is credit cards at 56.5 percent of the market, followed by Post Pay (20.4 percent) and Bank Transfer (13.1 percent).
Increase in online sales this holiday shopping season is likely to generate higher revenues for payment processing companies.
After a mixed 2018 for payment stocks, one analyst is predicting strong performance ahead. The Analyst Guggenheim analyst Jeff Cantwell made the following adjustments to his payment stock coverage: Reiterated ...
Jack Dorsey's payments company had a remarkable year of new hardware launches and big adoption growth-- and the stock soared.
As if he didn’t have enough to do as chief operating officer of Worldpay, Mark Heimbouch also gained the title of president in November.
Hedge funds are not perfect. They have their bad picks just like everyone else. Facebook, a stock hedge funds have loved, lost a third of its value since the end of July. Although hedge funds are not perfect, their consensus picks do deliver solid returns, however. Our data show the top 30 S&P 500 stocks […]
Facebook Inc's losses are becoming other companies' gains. Concerns about the social media giant's declining profit margins and battered reputation have prompted 93 U.S. mutual funds to completely sell out of their positions in the company so far this year, exacerbating a roughly 35 percent decline in Facebook's share price from its highs, according to Refinitiv’s Lipper research service. The selling by fund firms including Fidelity Investments, The Hartford and Putnam Investments combined for a total of nearly 12 million shares, and came amid similar moves to liquidate positions in the company by prominent growth-focused hedge funds.
The stock market soared Wednesday with the Dow Jones Industrial Average posting its fifth-biggest point gain ever.
Worldpay Inc. has a new partnership aimed at setting the standards for the up-and-coming U.S. iGaming and sports betting industries.