Share on StockTwits

Higher One Holdings (NYSE:ONE) announced its earnings results on Thursday. The company reported $0.25 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.22 by $0.03, StockRatingsNetwork reports. The company had revenue of $66.60 million for the quarter, compared to the consensus estimate of $60.57 million. During the same quarter last year, the company posted $0.25 earnings per share. Higher One Holdings’s revenue was up 16.0% compared to the same quarter last year.

A number of research firms have recently commented on ONE. Analysts at Zacks downgraded shares of Higher One Holdings to a “neutral” rating in a research note on Wednesday, April 16th. They now have a $6.30 price target on the stock. Analysts at Compass Point cut their price target on shares of Higher One Holdings from $7.00 to $6.00 in a research note on Monday, March 24th. They now have a “sell” rating on the stock. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $7.43.

Shares of Higher One Holdings (NYSE:ONE) traded up 8.16% on Thursday, hitting $6.36. 90,720 shares of the company’s stock traded hands. Higher One Holdings has a 52 week low of $5.72 and a 52 week high of $11.93. The stock’s 50-day moving average is $6.44 and its 200-day moving average is $8.18. The company has a market cap of $299.0 million and a price-to-earnings ratio of 20.28.

Higher One Holdings, Inc (NYSE:ONE) is a provider of technology and payment services to the higher education industry.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.