NASDAQ:UEPS - Net 1 UEPS Technologies Stock Price, News, & Analysis

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$4.02 +0.33 (+8.94 %)
(As of 05/23/2019 09:19 AM ET)
Previous Close$3.69
Today's Range$3.68 - $4.04
52-Week Range$2.78 - $10.15
Volume335,882 shs
Average Volume322,078 shs
Market Capitalization$228.46 million
P/E Ratio2.05
Dividend YieldN/A
Beta0.81
Net 1 UEPS Technologies, Inc. provides transaction processing services, financial inclusion products and services, and secure payment technologies in South Africa, the Republic of Korea, and internationally. The company develops and markets transaction processing solutions, including smart card-based alternative payment systems for the unbanked and under-banked populations of developing economies and for mobile transaction channels. It operates through three segments: South African Transaction Processing, International Transaction Processing, and Financial Inclusion and Applied Technologies. The South African Transaction Processing segment primarily offers welfare benefit distribution services for the South African government; and transaction processing for retailers, utilities, and banks. The International Transaction Processing segment offers payment processing services to merchants and card issuers. The Financial Inclusion and Applied Technologies segment provides short-term loans and bank accounts. It also sells prepaid products, such as electricity and airtime, hardware and software, and life insurance products. In addition, this segment distributes mobile subscriber starter packs; and provides financing and project management services to develop and maintain a tower network, as well as operates Money4Jam, a micro-jobbing platform that connects companies and job-seekers for the completion of micro-jobs through mobile phone technology. The company was founded in 1989 and is headquartered in Johannesburg, South Africa.

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Industry, Sector and Symbol

Industry Functions related to depository banking
Sub-IndustryN/A
SectorIndustrial Products
Current SymbolNASDAQ:UEPS
CUSIPN/A
Phone27-11-343-2000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$612.89 million
Cash Flow$2.8310 per share
Book Value$10.71 per share

Profitability

Net Income$64.34 million

Miscellaneous

Employees8,379
Market Cap$228.46 million
Next Earnings Date9/4/2019 (Estimated)
OptionableOptionable

Net 1 UEPS Technologies (NASDAQ:UEPS) Frequently Asked Questions

What is Net 1 UEPS Technologies' stock symbol?

Net 1 UEPS Technologies trades on the NASDAQ under the ticker symbol "UEPS."

How were Net 1 UEPS Technologies' earnings last quarter?

Net 1 UEPS Technologies Inc (NASDAQ:UEPS) issued its earnings results on Thursday, May, 9th. The business services provider reported ($0.62) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.06) by $0.56. The business services provider earned $86.48 million during the quarter, compared to analysts' expectations of $105.12 million. Net 1 UEPS Technologies had a negative return on equity of 7.37% and a negative net margin of 25.48%. Net 1 UEPS Technologies's quarterly revenue was down 46.9% compared to the same quarter last year. During the same period last year, the firm posted $0.95 EPS. View Net 1 UEPS Technologies' Earnings History.

When is Net 1 UEPS Technologies' next earnings date?

Net 1 UEPS Technologies is scheduled to release their next quarterly earnings announcement on Wednesday, September 4th 2019. View Earnings Estimates for Net 1 UEPS Technologies.

What price target have analysts set for UEPS?

3 brokers have issued 12 month target prices for Net 1 UEPS Technologies' shares. Their forecasts range from $7.00 to $18.00. On average, they anticipate Net 1 UEPS Technologies' share price to reach $11.6667 in the next twelve months. This suggests a possible upside of 190.2% from the stock's current price. View Analyst Price Targets for Net 1 UEPS Technologies.

What is the consensus analysts' recommendation for Net 1 UEPS Technologies?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Net 1 UEPS Technologies in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Net 1 UEPS Technologies.

What are Wall Street analysts saying about Net 1 UEPS Technologies stock?

Here are some recent quotes from research analysts about Net 1 UEPS Technologies stock:
  • 1. According to Zacks Investment Research, "Net 1 U.E.P.S. Technologies provides its universal electronic payment system as an alternative payment system for the unbanked and under-banked populations of developing economies. Net 1 believes that it is the first company worldwide to implement a system that can enable the estimated four billion people who generally have limited or no access to a bank account to enter affordably into electronic transactions with each other, government agencies, employers, merchants and other financial service providers. " (5/18/2019)
  • 2. Maxim Group analysts commented, "We believe UEPS faced several headwinds that have put pressure on the stock, but are largely going away." (9/27/2018)

Has Net 1 UEPS Technologies been receiving favorable news coverage?

News coverage about UEPS stock has trended very negative recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Net 1 UEPS Technologies earned a media sentiment score of -3.8 on InfoTrie's scale. They also assigned press coverage about the business services provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the next few days.

Are investors shorting Net 1 UEPS Technologies?

Net 1 UEPS Technologies saw a increase in short interest in the month of April. As of April 15th, there was short interest totalling 1,088,131 shares, an increase of 38.3% from the March 29th total of 786,789 shares. Based on an average daily trading volume, of 239,823 shares, the short-interest ratio is presently 4.5 days. Currently, 2.4% of the company's stock are short sold. View Net 1 UEPS Technologies' Current Options Chain.

Who are some of Net 1 UEPS Technologies' key competitors?

What other stocks do shareholders of Net 1 UEPS Technologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Net 1 UEPS Technologies investors own include Micron Technology (MU), Broadcom (AVGO), Alibaba Group (BABA), Ford Motor (F), General Electric (GE), Comcast (CMCSA), Netflix (NFLX), Applied Materials (AMAT), Advanced Micro Devices (AMD) and QUALCOMM (QCOM).

Who are Net 1 UEPS Technologies' key executives?

Net 1 UEPS Technologies' management team includes the folowing people:
  • Mr. Herman Gideon Kotzé, CEO & Director (Age 49)
  • Mr. Alexander Michael Ramsay Smith C.A., CA, CFO, Treasurer, Sec. & Director (Age 50)
  • Mr. Nitin Soma, Chief Technology Officer (Age 51)
  • Mr. Nunthakumarin Pillay, Managing Director of Southern Africa (Age 48)
  • Mr. Phil-Hyun Oh, CEO & Pres of KSNET, Inc (Age 60)

Who are Net 1 UEPS Technologies' major shareholders?

Net 1 UEPS Technologies' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Prescott Group Capital Management L.L.C. (8.00%), Rubric Capital Management LP (4.51%), Thompson Siegel & Walmsley LLC (3.69%), Renaissance Technologies LLC (1.53%), Goldman Sachs Group Inc. (1.33%) and Hosking Partners LLP (1.01%). Company insiders that own Net 1 UEPS Technologies stock include Alasdair Jonathan Kemsley Pein, Alfred T Mockett, Christopher Stefan Seabrooke, Ekta Singh-Bushell, Herman Kotze and Paul Edwards. View Institutional Ownership Trends for Net 1 UEPS Technologies.

Which major investors are selling Net 1 UEPS Technologies stock?

UEPS stock was sold by a variety of institutional investors in the last quarter, including Intrepid Capital Management Inc., Prescott Group Capital Management L.L.C., Renaissance Technologies LLC, Assenagon Asset Management S.A., Morgan Stanley, Migdal Insurance & Financial Holdings Ltd., California Public Employees Retirement System and LSV Asset Management. View Insider Buying and Selling for Net 1 UEPS Technologies.

Which major investors are buying Net 1 UEPS Technologies stock?

UEPS stock was bought by a variety of institutional investors in the last quarter, including Rubric Capital Management LP, Thompson Siegel & Walmsley LLC, Goldman Sachs Group Inc., B. Riley Financial Inc., Boston Partners, Wells Fargo & Company MN, Charles Schwab Investment Management Inc. and AQR Capital Management LLC. Company insiders that have bought Net 1 UEPS Technologies stock in the last two years include Alasdair Jonathan Kemsley Pein, Alfred T Mockett, Christopher Stefan Seabrooke, Ekta Singh-Bushell and Herman Kotze. View Insider Buying and Selling for Net 1 UEPS Technologies.

How do I buy shares of Net 1 UEPS Technologies?

Shares of UEPS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Net 1 UEPS Technologies' stock price today?

One share of UEPS stock can currently be purchased for approximately $4.02.

How big of a company is Net 1 UEPS Technologies?

Net 1 UEPS Technologies has a market capitalization of $228.46 million and generates $612.89 million in revenue each year. The business services provider earns $64.34 million in net income (profit) each year or $1.96 on an earnings per share basis. Net 1 UEPS Technologies employs 8,379 workers across the globe.

What is Net 1 UEPS Technologies' official website?

The official website for Net 1 UEPS Technologies is http://www.net1.com/.

How can I contact Net 1 UEPS Technologies?

Net 1 UEPS Technologies' mailing address is President Place 4th Floor Cnr. Jan Smuts Avenue and Bolton Road, Johannesburg T3, 2196. The business services provider can be reached via phone at 27-11-343-2000 or via email at [email protected]


MarketBeat Community Rating for Net 1 UEPS Technologies (NASDAQ UEPS)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  186 (Vote Outperform)
Underperform Votes:  197 (Vote Underperform)
Total Votes:  383
MarketBeat's community ratings are surveys of what our community members think about Net 1 UEPS Technologies and other stocks. Vote "Outperform" if you believe UEPS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe UEPS will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/23/2019 by MarketBeat.com Staff

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