Vantiv (NYSE:VNTV)‘s stock had its “buy” rating reissued by research analysts at Cowen in a research note issued to investors on Thursday. They currently have a $84.00 price objective on the business services provider’s stock. Cowen’s target price suggests a potential upside of 15.29% from the company’s current price.

A number of other equities research analysts have also issued reports on VNTV. Keefe, Bruyette & Woods set a $82.00 price target on shares of Vantiv and gave the stock a “buy” rating in a report on Sunday, August 13th. Citigroup lifted their target price on shares of Vantiv from $72.00 to $74.00 and gave the company a “buy” rating in a research note on Friday, August 11th. Robert W. Baird reaffirmed an “outperform” rating and set a $80.00 target price (up previously from $72.00) on shares of Vantiv in a research note on Thursday, August 10th. Piper Jaffray Companies reaffirmed a “hold” rating and set a $64.00 target price on shares of Vantiv in a research note on Thursday, August 10th. Finally, BidaskClub raised shares of Vantiv from a “hold” rating to a “buy” rating in a research note on Thursday, August 10th. Eleven research analysts have rated the stock with a hold rating and nineteen have given a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $77.12.

Shares of Vantiv (NYSE:VNTV) traded up $0.94 during trading on Thursday, reaching $72.86. 1,957,096 shares of the company’s stock were exchanged, compared to its average volume of 1,987,533. The company has a market cap of $12,821.68, a price-to-earnings ratio of 24.20, a PEG ratio of 1.60 and a beta of 0.58. Vantiv has a 1-year low of $56.64 and a 1-year high of $76.22. The company has a debt-to-equity ratio of 7.45, a quick ratio of 0.72 and a current ratio of 0.72.

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, topping analysts’ consensus estimates of $0.89 by $0.01. The business had revenue of $1.03 billion for the quarter, compared to analyst estimates of $551.77 million. Vantiv had a net margin of 6.07% and a return on equity of 41.19%. The company’s revenue was up 13.1% on a year-over-year basis. During the same quarter last year, the firm earned $0.71 EPS. sell-side analysts expect that Vantiv will post 3.16 earnings per share for the current year.

Institutional investors have recently modified their holdings of the business. Toronto Dominion Bank raised its holdings in Vantiv by 12.3% in the second quarter. Toronto Dominion Bank now owns 1,981 shares of the business services provider’s stock worth $125,000 after buying an additional 217 shares during the last quarter. Tower Research Capital LLC TRC raised its holdings in Vantiv by 404.7% in the second quarter. Tower Research Capital LLC TRC now owns 2,170 shares of the business services provider’s stock worth $137,000 after buying an additional 1,740 shares during the last quarter. Zions Bancorporation purchased a new position in Vantiv in the third quarter worth about $155,000. Highbridge Capital Management LLC raised its holdings in Vantiv by 2,754.0% in the third quarter. Highbridge Capital Management LLC now owns 2,854 shares of the business services provider’s stock worth $201,000 after buying an additional 2,754 shares during the last quarter. Finally, Dai Ichi Life Insurance Company Ltd purchased a new position in Vantiv in the third quarter worth about $204,000.

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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.

Analyst Recommendations for Vantiv (NYSE:VNTV)

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