Vantiv, Inc. (NYSE:VNTV) – Equities research analysts at Wedbush boosted their Q1 2018 earnings per share (EPS) estimates for shares of Vantiv in a note issued to investors on Friday. Wedbush analyst M. Katri now expects that the business services provider will earn $0.84 per share for the quarter, up from their previous forecast of $0.75. Wedbush has a “Outperform” rating on the stock. Wedbush also issued estimates for Vantiv’s Q2 2018 earnings at $1.02 EPS and Q4 2018 earnings at $1.08 EPS.

Vantiv (NYSE:VNTV) last announced its quarterly earnings results on Thursday, October 26th. The business services provider reported $0.90 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.89 by $0.01. The firm had revenue of $1.03 billion during the quarter, compared to the consensus estimate of $551.77 million. Vantiv had a return on equity of 41.19% and a net margin of 6.07%. The firm’s quarterly revenue was up 13.1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.71 earnings per share.

Other research analysts have also recently issued research reports about the company. Stifel Nicolaus upgraded Vantiv from a “hold” rating to a “buy” rating and raised their price target for the company from $63.00 to $85.00 in a research report on Thursday, August 10th. Royal Bank Of Canada reaffirmed a “buy” rating and set a $73.00 price objective on shares of Vantiv in a research note on Wednesday, August 9th. Zacks Investment Research raised Vantiv from a “hold” rating to a “buy” rating and set a $78.00 price target on the stock in a research note on Tuesday, August 15th. Instinet reissued a “buy” rating and issued a $85.00 price target (up from $75.00) on shares of Vantiv in a research note on Monday, August 14th. Finally, Nomura lifted their price objective on Vantiv from $75.00 to $85.00 and gave the company a “buy” rating in a research note on Monday, August 14th. Eleven investment analysts have rated the stock with a hold rating and nineteen have given a buy rating to the company. Vantiv presently has an average rating of “Buy” and an average target price of $75.96.

Shares of Vantiv (VNTV) opened at $75.13 on Monday. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 7.45. Vantiv has a fifty-two week low of $55.11 and a fifty-two week high of $76.22. The firm has a market capitalization of $13,354.96, a price-to-earnings ratio of 25.21, a P/E/G ratio of 1.67 and a beta of 0.58.

Several hedge funds and other institutional investors have recently modified their holdings of the company. GAM Holding AG boosted its position in Vantiv by 41.6% during the 2nd quarter. GAM Holding AG now owns 20,573 shares of the business services provider’s stock valued at $1,303,000 after purchasing an additional 6,045 shares during the period. Strs Ohio boosted its position in Vantiv by 46.6% during the 3rd quarter. Strs Ohio now owns 1,212,560 shares of the business services provider’s stock valued at $85,449,000 after purchasing an additional 385,704 shares during the period. Renaissance Technologies LLC acquired a new position in Vantiv during the 2nd quarter valued at approximately $51,274,000. State Board of Administration of Florida Retirement System boosted its position in Vantiv by 0.6% during the 2nd quarter. State Board of Administration of Florida Retirement System now owns 199,510 shares of the business services provider’s stock valued at $12,637,000 after purchasing an additional 1,178 shares during the period. Finally, OxFORD Asset Management LLP boosted its position in Vantiv by 54.5% during the 2nd quarter. OxFORD Asset Management LLP now owns 32,259 shares of the business services provider’s stock valued at $2,043,000 after purchasing an additional 11,383 shares during the period.

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Vantiv Company Profile

Vantiv, Inc is a holding company. The Company conducts its operations through its subsidiary, Vantiv Holding, LLC. The Company is a payment processor. The Company’s segments include Merchant Services and Financial Institution Services. The Company offers a range of payment processing services that enable its clients to meet their payment processing needs through a single provider.

Earnings History and Estimates for Vantiv (NYSE:VNTV)

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