$0.05 EPS Expected for Planet Payment Inc (PLPM)

October 13, 2017 - By reb123z

 $0.05 EPS Expected for Planet Payment Inc (PLPM)
Investors sentiment decreased to 1.34 in 2017 Q2. Its down 0.54, from 1.88 in 2017Q1. It fall, as 10 investors sold Planet Payment Inc shares while 22 reduced holdings. 21 funds opened positions while 22 raised stakes. 20.15 million shares or 8.79% less from 22.09 million shares in 2017Q1 were reported.
Paw Cap Corp holds 620,000 shares or 2.05% of its portfolio. 2,677 were accumulated by Meeder Asset Mgmt. Brown Advisory holds 0% or 40,000 shares. Victory Capital Incorporated invested 0% in Planet Payment Inc (NASDAQ:PLPM). Thompson Siegel Walmsley Ltd Llc has 6,600 shares. Fmr Lc owns 84,105 shares or 0% of their US portfolio. Ameritas Inv Prtnrs accumulated 3,299 shares. Principal Grp Inc Inc holds 11,865 shares or 0% of its portfolio. 30,800 were accumulated by Alliancebernstein L P. Cardinal Cap Ltd Liability Corp Ct owns 550,526 shares for 0.07% of their portfolio. 79,100 are owned by Spark Mgmt Ltd Limited Liability Company. Schwab Charles Incorporated accumulated 66,200 shares. Geode Cap Limited Liability Co reported 299,919 shares or 0% of all its holdings. Credit Suisse Ag accumulated 11,657 shares. Menta Ltd Llc, California-based fund reported 107,337 shares.

Investors wait Planet Payment Inc (NASDAQ:PLPM) to report on November, 1. its quarterly earnings Wall Street analysts expect $0.05 EPS, up $0.01 or 25.00 % from last year’s $0.04 same quarter earnings. This translates into $2.49 million profit for PLPM giving the stock a 21.10 P/E. This is assuming the current $0.05 EPS is accurate. Planet Payment Inc’s Wall Street analysts see 25.00 % EPS growth, taking into account the $0.04 EPS reproted in the previous quarter, The stock decreased 1.40% or $0.06 during the last trading session, reaching $4.22. About 121,901 shares traded. Planet Payment Inc (NASDAQ:PLPM) has declined 15.44% since October 13, 2016 and is downtrending. It has underperformed by 32.14% the S&P500.

Planet Payment Inc (NASDAQ:PLPM) Ratings Coverage

Among 2 analysts covering Planet Payment (NASDAQ:PLPM), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Planet Payment had 4 analyst reports since August 6, 2015 according to SRatingsIntel. Ladenburg Thalmann initiated Planet Payment Inc (NASDAQ:PLPM) on Monday, July 11 with “Buy” rating. The rating was maintained by Northland Capital on Wednesday, October 11 with “Buy”. The rating was upgraded by Zacks on Thursday, August 6 to “Hold”. Northland Capital maintained the shares of PLPM in report on Wednesday, August 9 with “Buy” rating.

Planet Payment, Inc. is a provider of international payment and transaction processing and multi-currency processing services. The company has market cap of $210.53 million. The Firm operates through two divisions: multi-currency processing services and payment processing services. It has a 9.18 P/E ratio. The Company’s multi-currency processing services segment includes Pay In Your Currency, Multi-Currency Pricing and Dynamic Currency Conversion at automated teller machines, enable merchants to offer customized pricing in multiple currencies.

More notable recent Planet Payment Inc (NASDAQ:PLPM) news were published by: Globenewswire.com which released: “KCB Bank and Planet Payment Announce Launch of Pay In Your Currency®” on May 12, 2017, also Globenewswire.com with their article: “Planet Payment Announces Exploration of Strategic Alternatives” published on August 08, 2017, Globenewswire.com published: “Planet Payment® to Announce Q1 Results on May 9, 2017” on April 25, 2017. More interesting news about Planet Payment Inc (NASDAQ:PLPM) were released by: Globenewswire.com and their article: “PSP Card Services and Planet Payment Launch Pay in Your Currency® and Multi …” published on August 16, 2017 as well as Globenewswire.com‘s news article titled: “Russian Standard Bank and Planet Payment Announce Launch of Pay in Your Currency®” with publication date: October 02, 2017.

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