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Heartland Payment Systems (NYSE:HPY) has earned a consensus recommendation of “Hold” from the nineteen ratings firms that are currently covering the stock, Analyst Ratings.Net reports. Ten equities research analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $43.98.

Shares of Heartland Payment Systems (NYSE:HPY) traded up 5.31% during mid-day trading on Monday, hitting $39.48. The stock had a trading volume of 284,739 shares. Heartland Payment Systems has a 52-week low of $30.29 and a 52-week high of $50.44. The stock has a 50-day moving average of $41.58 and a 200-day moving average of $43.01. The company has a market cap of $1.449 billion and a P/E ratio of 18.17.

Heartland Payment Systems (NYSE:HPY) last issued its quarterly earnings data on Tuesday, February 4th. The company reported $0.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.54 by $0.01. The company had revenue of $530.40 million for the quarter, compared to the consensus estimate of $499.00 million. During the same quarter in the previous year, the company posted $0.38 earnings per share. The company’s revenue for the quarter was up 12.8% on a year-over-year basis. On average, analysts predict that Heartland Payment Systems will post $2.39 earnings per share for the current fiscal year.

A number of analysts have recently weighed in on HPY shares. Analysts at Stifel Nicolaus upgraded shares of Heartland Payment Systems from a “sell” rating to a “hold” rating in a research note on Monday. Separately, analysts at Buckingham Research upgraded shares of Heartland Payment Systems from a “neutral” rating to a “buy” rating in a research note on Thursday, February 6th. Finally, analysts at Goldman Sachs downgraded shares of Heartland Payment Systems from a “buy” rating to a “neutral” rating in a research note on Thursday, January 23rd. They now have a $48.00 price target on the stock. They noted that the move was a valuation call.

Heartland Payment Systems, Inc provides bankcard payment processing services to merchants in the United States.

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