Higher One Holdings Now Covered by Capital One Financial Corp. (ONE)
Capital One Financial Corp. started coverage on shares of Higher One Holdings (NYSE:ONE) in a research note issued on Tuesday, TheFlyOnTheWall.com reports. The firm set a “strong-buy” rating on the stock.
Separately, analysts at Compass Point initiated coverage on shares of Higher One Holdings in a research note to investors on Tuesday. They set a “sell” rating and a $6.50 price target on the stock. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating, one has issued a buy rating and one has issued a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $8.50.
Shares of Higher One Holdings (NYSE:ONE) traded down 3.14% on Tuesday, hitting $7.70. 197,044 shares of the company’s stock traded hands. Higher One Holdings has a 52 week low of $6.97 and a 52 week high of $12.79. The stock’s 50-day moving average is $7.45 and its 200-day moving average is $9.54. The company has a market cap of $359.6 million and a price-to-earnings ratio of 12.50.
Higher One Holdings (NYSE:ONE) last issued its quarterly earnings data on Thursday, August 8th. The company reported $0.04 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.07 by $0.03. The company had revenue of $40.00 million for the quarter, compared to the consensus estimate of $45.02 million. During the same quarter last year, the company posted $0.09 earnings per share. Higher One Holdings’s revenue was up 2.8% compared to the same quarter last year. Analysts expect that Higher One Holdings will post $0.52 EPS for the current fiscal year.
Higher One Holdings, Inc (NYSE:ONE) is a provider of technology and payment services to the higher education industry.
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