Vantiv (VNTV) Set to Announce Earnings on Thursday
Vantiv (NYSE:VNTV) will be posting its quarterly earnings results on Thursday, July 31st. Persons interested in registering for the company’s earnings conference call can do so using this link.
Vantiv (NYSE:VNTV) opened at 34.08 on Wednesday. Vantiv has a 52-week low of $25.21 and a 52-week high of $34.90. The stock’s 50-day moving average is $33.51 and its 200-day moving average is $31.49. The company has a market cap of $4.711 billion and a price-to-earnings ratio of 38.65.
Several analysts have recently commented on the stock. Analysts at Oppenheimer raised their price target on shares of Vantiv from $35.00 to $40.00 in a research note on Thursday, July 24th. They now have an “outperform” rating on the stock. On a related note, analysts at BMO Capital Markets initiated coverage on shares of Vantiv in a research note on Wednesday, July 16th. They set a “market perform” rating and a $38.00 price target on the stock. Finally, analysts at Zacks upgraded shares of Vantiv from a “neutral” rating to an “outperform” rating in a research note on Wednesday, July 16th. They now have a $37.10 price target on the stock. Two analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $35.80.
In other Vantiv news, Director Jeffrey E. Stiefler sold 6,000 shares of the company’s stock in a transaction that occurred on Wednesday, July 16th. The shares were sold at an average price of $34.38, for a total value of $206,280.00. The sale was disclosed in a filing with the SEC, which is available at this link.
Vantiv, Inc, formerly Advent-Kong Blocker Corp., is a holding company that conducts its operations through its majority-owned subsidiaries, Vantiv Holding, LLC (NYSE:VNTV) and Transactive Ecommerce Solutions Inc (Transactive).
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