Vantiv (NYSE:VNTV)‘s stock had its “buy” rating restated by research analysts at Cantor Fitzgerald in a research report issued on Tuesday. They currently have a $79.00 target price on the business services provider’s stock. Cantor Fitzgerald’s target price indicates a potential upside of 5.87% from the company’s current price.

The analysts wrote, “Focus: Vantiv (VNTV, OW) & WorldPay (WPG-GB, NC) Merger Areas where we believe we have added value are:.””

Other equities analysts also recently issued reports about the company. Citigroup reaffirmed a “buy” rating and issued a $83.00 price objective on shares of Vantiv in a research note on Monday, September 25th. KeyCorp reissued a “buy” rating and set a $80.00 price target on shares of Vantiv in a research report on Friday, September 1st. BidaskClub downgraded Vantiv from a “strong-buy” rating to a “buy” rating in a research report on Friday, September 1st. Zacks Investment Research raised Vantiv from a “hold” rating to a “buy” rating and set a $78.00 price target for the company in a research report on Tuesday, August 15th. Finally, Instinet reissued a “buy” rating and set a $85.00 price target (up previously from $75.00) on shares of Vantiv in a research report on Monday, August 14th. Ten investment analysts have rated the stock with a hold rating and twenty have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $77.77.

Shares of Vantiv (NYSE VNTV) traded down $0.14 during mid-day trading on Tuesday, hitting $74.62. The stock had a trading volume of 1,939,100 shares, compared to its average volume of 1,993,794. The stock has a market cap of $13,289.19, a P/E ratio of 25.09, a price-to-earnings-growth ratio of 1.66 and a beta of 0.58. Vantiv has a fifty-two week low of $56.64 and a fifty-two week high of $76.22. 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 (NYSE:VNTV) last released its quarterly earnings data on Thursday, October 26th. The business services provider reported $0.90 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.01. Vantiv had a return on equity of 41.19% and a net margin of 6.07%. The firm had revenue of $1.03 billion during the quarter, compared to the consensus estimate of $551.77 million. During the same period last year, the business posted $0.71 EPS. Vantiv’s quarterly revenue was up 13.1% on a year-over-year basis. analysts expect that Vantiv will post 3.16 earnings per share for the current year.

Several hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in shares of Vantiv by 3.8% during the second quarter. Vanguard Group Inc. now owns 13,320,268 shares of the business services provider’s stock worth $843,706,000 after purchasing an additional 492,711 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in Vantiv by 25.4% in the third quarter. JPMorgan Chase & Co. now owns 9,823,200 shares of the business services provider’s stock valued at $697,053,000 after acquiring an additional 1,988,656 shares during the last quarter. Investec Asset Management LTD boosted its holdings in Vantiv by 3.6% in the second quarter. Investec Asset Management LTD now owns 3,645,303 shares of the business services provider’s stock valued at $230,893,000 after acquiring an additional 128,308 shares during the last quarter. Artisan Partners Limited Partnership boosted its holdings in Vantiv by 2.2% in the second quarter. Artisan Partners Limited Partnership now owns 3,248,249 shares of the business services provider’s stock valued at $205,744,000 after acquiring an additional 69,377 shares during the last quarter. Finally, State Street Corp boosted its holdings in Vantiv by 3.3% in the second quarter. State Street Corp now owns 3,025,591 shares of the business services provider’s stock valued at $191,639,000 after acquiring an additional 97,659 shares during the last quarter.

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About Vantiv

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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