CardConnect (NASDAQ: CCN) is one of 28 publicly-traded companies in the “Transaction & Payment Services” industry, but how does it compare to its rivals? We will compare CardConnect to similar companies based on the strength of its risk, analyst recommendations, valuation, earnings, profitability, dividends and institutional ownership.
Institutional & Insider Ownership
31.6% of CardConnect shares are held by institutional investors. Comparatively, 58.6% of shares of all “Transaction & Payment Services” companies are held by institutional investors. 48.3% of CardConnect shares are held by company insiders. Comparatively, 17.9% of shares of all “Transaction & Payment Services” companies are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.
This table compares CardConnect and its rivals’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
This is a breakdown of current recommendations and price targets for CardConnect and its rivals, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
CardConnect currently has a consensus price target of $16.00, suggesting a potential upside of 6.31%. As a group, “Transaction & Payment Services” companies have a potential upside of 6.72%. Given CardConnect’s rivals higher probable upside, analysts plainly believe CardConnect has less favorable growth aspects than its rivals.
Valuation & Earnings
This table compares CardConnect and its rivals gross revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|CardConnect Competitors||$2.36 billion||$197.44 million||952.39|
CardConnect’s rivals have higher revenue and earnings than CardConnect. CardConnect is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.
CardConnect rivals beat CardConnect on 7 of the 10 factors compared.
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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