Bottomline Technologies Given Sell Rating at Off Wall Street (EPAY)
Separately, analysts at Needham & Company LLC reiterated a “buy” rating on shares of Bottomline Technologies in a research note on Wednesday. They now have a $35.00 price target on the stock, down previously from $39.00. One analyst has rated the stock with a sell rating, one has given a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company’s stock. Bottomline Technologies has a consensus rating of “Buy” and an average target price of $36.67.
Bottomline Technologies (NASDAQ:EPAY) traded up 1.35% during mid-day trading on Thursday, hitting $27.71. 154,626 shares of the company’s stock traded hands. Bottomline Technologies has a 52-week low of $26.01 and a 52-week high of $37.41. The stock’s 50-day moving average is $28.7 and its 200-day moving average is $31.56. The company’s market cap is $1.036 billion.
Bottomline Technologies (NASDAQ:EPAY) last posted its quarterly earnings results on Tuesday, August 12th. The company reported $0.39 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.37 by $0.02. The company had revenue of $81.70 million for the quarter, compared to the consensus estimate of $81.58 million. On average, analysts predict that Bottomline Technologies will post $1.54 earnings per share for the current fiscal year.
Bottomline Technologies (NASDAQ:EPAY) Inc, formerly Bottomline Technologies (de), Inc, provides cloud-based payment, invoice and banking solutions to corporations, insurance companies, financial institutions and banks worldwide.
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