Vantiv (NYSE:VNTV)‘s stock had its “hold” rating restated by equities researchers at Mizuho in a note issued to investors on Thursday. They currently have a $80.00 target price on the business services provider’s stock. Mizuho’s target price suggests a potential upside of 3.63% from the stock’s current price.

A number of other analysts also recently weighed in on the stock. Royal Bank of Canada reissued a “buy” rating and set a $78.00 target price on shares of Vantiv in a research report on Friday, October 13th. Cantor Fitzgerald reissued a “buy” rating and set a $74.00 target price on shares of Vantiv in a research report on Thursday, October 26th. BidaskClub raised shares of Vantiv from a “strong sell” rating to a “sell” rating in a research report on Thursday, October 26th. Bank of America initiated coverage on shares of Vantiv in a research report on Tuesday, September 12th. They set a “neutral” rating for the company. Finally, Zacks Investment Research downgraded shares of Vantiv from a “hold” rating to a “sell” rating in a research report on Wednesday, October 18th. Nine analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $79.30.

Vantiv (VNTV) traded up $2.88 during trading hours on Thursday, reaching $77.20. 5,660,160 shares of the company’s stock were exchanged, compared to its average volume of 2,710,000. The firm has a market cap of $13,730.00, a P/E ratio of 53.61, a PEG ratio of 1.46 and a beta of 0.58. The company has a debt-to-equity ratio of 7.45, a current ratio of 0.72 and a quick ratio of 0.72. Vantiv has a twelve month low of $59.10 and a twelve month high of $77.23.

Vantiv (NYSE:VNTV) last released its earnings results on Thursday, October 26th. The business services provider reported $0.90 earnings per share for the quarter, beating analysts’ consensus estimates of $0.89 by $0.01. The business had revenue of $1.03 billion during the quarter, compared to the consensus estimate of $551.77 million. Vantiv had a net margin of 6.07% and a return on equity of 41.19%. The company’s revenue for the quarter was up 13.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.71 EPS. research analysts expect that Vantiv will post 3.16 EPS for the current fiscal year.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Toronto Dominion Bank grew its position in Vantiv by 12.3% in the 2nd quarter. Toronto Dominion Bank now owns 1,981 shares of the business services provider’s stock valued at $125,000 after purchasing an additional 217 shares during the period. Tower Research Capital LLC TRC grew its position in Vantiv by 404.7% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,170 shares of the business services provider’s stock valued at $137,000 after purchasing an additional 1,740 shares during the period. Zions Bancorporation acquired a new stake in Vantiv in the 3rd quarter valued at $155,000. Highbridge Capital Management LLC grew its position in Vantiv by 2,754.0% in the 3rd quarter. Highbridge Capital Management LLC now owns 2,854 shares of the business services provider’s stock valued at $201,000 after purchasing an additional 2,754 shares during the period. Finally, Profund Advisors LLC acquired a new stake in Vantiv in the 2nd quarter valued at $204,000.

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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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