Planet Payment (PLPM) & CardConnect Corp (CCN) Critical Review
Planet Payment (NASDAQ: PLPM) and CardConnect Corp (NASDAQ:CCN) are both computer and technology companies, but which is the superior stock? We will contrast the two companies based on the strength of their analyst recommendations, institutional ownership, dividends, risk, earnings, profitability and valuation.
Earnings and Valuation
This table compares Planet Payment and CardConnect Corp’s gross revenue, earnings per share and valuation.
|Gross Revenue||Price/Sales Ratio||EBITDA||Earnings Per Share||Price/Earnings Ratio|
|Planet Payment||$52.79 million||3.63||$12.12 million||$0.47||8.28|
Planet Payment has higher revenue and earnings than CardConnect Corp.
Insider & Institutional Ownership
54.0% of Planet Payment shares are held by institutional investors. Comparatively, 31.6% of CardConnect Corp shares are held by institutional investors. 20.2% of Planet Payment shares are held by company insiders. Comparatively, 48.3% of CardConnect Corp shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
This is a summary of recent ratings and price targets for Planet Payment and CardConnect Corp, as provided by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
CardConnect Corp has a consensus target price of $16.00, suggesting a potential upside of 6.31%. Given CardConnect Corp’s higher possible upside, analysts clearly believe CardConnect Corp is more favorable than Planet Payment.
This table compares Planet Payment and CardConnect Corp’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
Planet Payment beats CardConnect Corp on 6 of the 9 factors compared between the two stocks.
About Planet Payment
Planet Payment, Inc. is a provider of international payment and transaction processing and multi-currency processing services. The Company operates through two segments: multi-currency processing services and payment processing services. Its multi-currency processing services segment includes Pay In Your Currency, Multi-Currency Pricing and Dynamic Currency Conversion at automated teller machines, enable merchants to offer customized pricing in multiple currencies. Its payment processing services consist of end-to-end authorization, capture, clearing and settlement services to its customers along with localized language support and online access to reconciliation, reporting and analytics services. It provides its services to approximately 118,000 active merchant locations in over 20 countries and territories across the Asia Pacific region, the Americas, the Middle East, Africa and Europe, primarily through its acquiring bank and processor customers.
About CardConnect Corp
CardConnect Corp., formerly FinTech Acquisition Corp., is a holding company. The Company holds interests in CardConnect, LLC. The Company is a provider of payment processing solutions to merchants throughout the United States. The Company’s segments include Merchant Acquiring Services and Other. The Company’s platform allows it to provide payment solutions, customer support and tools for its distribution partners and merchants. Its solutions and services enable distribution partners to manage their business and for merchants to securely accept electronic payments. Its Merchant Acquiring services business involves providing end-to-end electronic payment processing services to merchants by facilitating the exchange of information and funds between them and cardholders’ financial institutions. It undertakes or facilitates through third parties, merchant set-up and training, transaction authorization, settlement, merchant funding, merchant assistance and support, and risk management.
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