USA Technologies (USAT) – Investment Analysts’ Recent Ratings Updates

A number of research firms have changed their ratings and price targets for USA Technologies (NASDAQ: USAT):

  • 11/27/2018 – USA Technologies was upgraded by analysts at ValuEngine from a “sell” rating to a “hold” rating.
  • 11/22/2018 – USA Technologies was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 11/21/2018 – USA Technologies was upgraded by analysts at ValuEngine from a “sell” rating to a “hold” rating.
  • 11/13/2018 – USA Technologies was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 11/8/2018 – USA Technologies was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating.
  • 11/8/2018 – USA Technologies was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “USA Technologies is a leader in the networking of distributed assets, wireless non-cash transactions, associated financial/network services and energy management. USA Technologies provides networked credit card and other non-cash systems in the vending, commercial laundry, hospitality and digital imaging industries. USA Technologies is an IBM Business Partner. The Company has marketing agreements with Cingular Wireless, Honeywell, MEI, Unilever and ZiLOG Corporation. “
  • 11/1/2018 – USA Technologies was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating.
  • 10/12/2018 – USA Technologies was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $7.75 price target on the stock. According to Zacks, “USA Technologies is a leader in the networking of distributed assets, wireless non-cash transactions, associated financial/network services and energy management. USA Technologies provides networked credit card and other non-cash systems in the vending, commercial laundry, hospitality and digital imaging industries. USA Technologies is an IBM Business Partner. The Company has marketing agreements with Cingular Wireless, Honeywell, MEI, Unilever and ZiLOG Corporation. “

USA Technologies stock opened at $4.97 on Monday. The company has a current ratio of 1.34, a quick ratio of 1.08 and a debt-to-equity ratio of 0.29. The firm has a market capitalization of $298.20 million, a price-to-earnings ratio of 71.00 and a beta of 0.93. USA Technologies, Inc. has a fifty-two week low of $4.64 and a fifty-two week high of $16.83.

A number of institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. grew its holdings in USA Technologies by 2.7% in the third quarter. Vanguard Group Inc. now owns 2,795,837 shares of the technology company’s stock valued at $20,130,000 after purchasing an additional 74,463 shares during the last quarter. Morgan Stanley grew its holdings in USA Technologies by 168.2% in the third quarter. Morgan Stanley now owns 1,992,684 shares of the technology company’s stock valued at $14,348,000 after purchasing an additional 1,249,662 shares during the last quarter. MetLife Investment Advisors LLC grew its holdings in USA Technologies by 53.8% in the third quarter. MetLife Investment Advisors LLC now owns 36,797 shares of the technology company’s stock valued at $265,000 after purchasing an additional 12,873 shares during the last quarter. Jane Street Group LLC acquired a new stake in USA Technologies in the third quarter valued at $281,000. Finally, Capital International Investors acquired a new stake in shares of USA Technologies during the third quarter valued at $6,588,000. 71.15% of the stock is currently owned by institutional investors.

USA Technologies, Inc provides wireless networking, cashless transactions, asset monitoring, and other value-added services in the United States and internationally. It designs and markets systems and solutions that facilitate electronic payment options, as well as telemetry and machine-to-machine (M2M) services.

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