BTIG Analysis downgraded shares of EVO Funds (NASDAQ:EVOP) from a purchase ranking to a impartial ranking in a analysis report report printed on Monday, July 1st, BenzingaRatingsTable studies.
Different equities analysis analysts have additionally issued studies concerning the firm. ValuEngine lowered Zosano Pharma from a purchase ranking to a maintain ranking in a analysis report on Wednesday, Could 1st. Northcoast Analysis began protection on EVO Funds in a analysis report on Friday, Could 24th. They set a impartial ranking for the corporate. Zacks Funding Analysis lowered Inflarx from a purchase ranking to a maintain ranking in a analysis report on Friday, Could third. Lastly, Cantor Fitzgerald began protection on EVO Funds in a analysis report on Wednesday, Could 29th. They set a impartial ranking and a $30.05 worth goal for the corporate. One equities analysis analyst has rated the inventory with a promote ranking, six have assigned a maintain ranking and 4 have issued a purchase ranking to the corporate’s inventory. EVO Funds presently has a mean ranking of Maintain and a consensus worth goal of $28.01.
NASDAQ:EVOP opened at $29.39 on Monday. The enterprise’s 50-day shifting common worth is $29.74. The agency has a market capitalization of $2.39 billion, a price-to-earnings ratio of -19.86, a P/E/G ratio of three.93 and a beta of 0.61. EVO Funds has a 52-week low of $19.42 and a 52-week excessive of $31.83.
EVO Funds (NASDAQ:EVOP) final launched its earnings outcomes on Thursday, Could 2nd. The corporate reported $0.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.04 by $0.04. The agency had income of $111.50 million for the quarter, in comparison with analyst estimates of $134.45 million. EVO Funds had a detrimental return on fairness of 0.36% and a detrimental web margin of three.65%. EVO Funds’s income was down 13.1% on a year-over-year foundation. As a bunch, analysis analysts anticipate that EVO Funds will publish 0.55 EPS for the present 12 months.
In different information, insider Darren Wilson bought 4,000 shares of EVO Funds inventory in a transaction dated Thursday, Could 2nd. The inventory was bought at a mean worth of $29.01, for a complete transaction of $116,040.00. The sale was disclosed in a doc filed with the Securities & Trade Fee, which is out there by this hyperlink. Additionally, insider Catherine E. Lafiandra bought 3,723 shares of EVO Funds inventory in a transaction dated Friday, April 26th. The shares had been bought at a mean worth of $30.00, for a complete worth of $111,690.00. The disclosure for this sale may be discovered right here. Over the past quarter, insiders have bought 86,189 shares of firm inventory valued at $2,564,273.
A number of institutional traders have just lately made modifications to their positions within the firm. Mitsubishi UFJ Securities Holdings Co. Ltd. acquired a brand new stake in shares of EVO Funds throughout the 1st quarter valued at about $91,000. TCW Group Inc. acquired a brand new stake in shares of EVO Funds throughout the 1st quarter valued at about $302,000. WCM Funding Administration LLC purchased a brand new place in shares of EVO Funds within the 1st quarter valued at roughly $1,562,000. Dynamic Know-how Lab Personal Ltd purchased a brand new place in shares of EVO Funds within the 1st quarter valued at roughly $645,000. Lastly, NumerixS Funding Applied sciences Inc raised its stake in shares of EVO Funds by 1,250.0% within the 1st quarter. NumerixS Funding Applied sciences Inc now owns 5,400 shares of the corporate’s inventory valued at $154,000 after buying an extra 5,000 shares within the final quarter. Institutional traders and hedge funds personal 38.95% of the corporate’s inventory.
EVO Funds Firm Profile
EVO Funds, Inc operates as an built-in service provider acquirer and fee processor servicing roughly 550,000 retailers. The corporate processes roughly 950 million transactions in North America and roughly 2.1 billion transactions in Europe. Its fee and commerce options encompass gateway options, on-line fraud prevention and administration reporting, on-line hosted funds web page capabilities, safety tokenization, and encryption options on the point-of-sale and on-line; dynamic forex conversion; loyalty affords; and different ancillary options.
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