Net 1 UEPS Technologies, Inc. provides payment solutions, transaction processing services, and financial technologies to various industries in South Africa, South Korea, and internationally. The company develops and markets transaction processing solutions that comprise its smart card-based alternative payment system 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 provides welfare benefit distribution services to 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 through its value-added network. The Financial Inclusion and Applied Technologies segment provides short-term loans; and smart card accounts. This segment also sells prepaid products comprising electricity and airtime, as well as hardware and software products; and offers life insurance products. Net 1 UEPS Technologies, Inc. was founded in 1989 and is headquartered in Johannesburg, South Africa.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Functions related to depository banking
Sub-IndustryN/A
SectorIndustrial Products
SymbolNASDAQ:UEPS
CUSIPN/A
Phone27-11-343-2000
Debt
Debt-to-Equity Ratio0.02
Current Ratio1.32
Quick Ratio1.29
Price-To-Earnings
Trailing P/E Ratio4.36
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$610.07 million
Price / Sales0.82
Cash Flow$2.2494 per share
Price / Cash3.89
Book Value$12.29 per share
Price / Book0.71
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$72.95 million
Net Margins7.01%
Return on Equity15.79%
Return on Assets8.61%
Miscellaneous
Employees5,358
Outstanding Shares56,860,000
Market Cap$520.86 million
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) released its earnings results on Thursday, February, 8th. The business services provider reported $0.39 earnings per share (EPS) for the quarter, hitting the Thomson Reuters' consensus estimate of $0.39. The business services provider had revenue of $148.40 million for the quarter, compared to analysts' expectations of $148.50 million. Net 1 UEPS Technologies had a net margin of 7.01% and a return on equity of 15.79%. The company's quarterly revenue was down 2.0% on a year-over-year basis. During the same period last year, the company earned $0.43 earnings per share. View Net 1 UEPS Technologies' Earnings History.
When is Net 1 UEPS Technologies' next earnings date?
What price target have analysts set for UEPS?
3 equities research analysts have issued 12 month target prices for Net 1 UEPS Technologies' stock. Their forecasts range from $15.00 to $24.00. On average, they expect Net 1 UEPS Technologies' share price to reach $19.00 in the next year. This suggests a possible upside of 117.1% 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. Maxim Group analysts commented, "We expect earnings to trough in F4Q18 and believe the market is underestimating the ability to recapture revenues in the core South African market, while pursuing growth in other key regions." (7/30/2018)
- 2. 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. " (4/12/2018)
Who are some of Net 1 UEPS Technologies' key competitors?
Some companies that are related to Net 1 UEPS Technologies include Mobile Mini (MINI), JAPAN Stl WORKS/ADR (JPSWY), Harsco (HSC), Balfour Beatty (BBY), SPX Flow (FLOW), Brady (BRC), MRC Global (MRC), Mueller Water Products (MWA), Mueller Industries (MLI), Kaiser Aluminum (KALU), Kaman (KAMN), Essentra (FLRAF), Actuant (ATU), ESCO Technologies (ESE) and Bovis Homes Group (BVS).
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 48)
- Mr. Nitin Soma, Chief Technology Officer (Age 51)
- Mr. Phil-Hyun Oh, CEO & Pres of KSNET, Inc (Age 59)
- Dr. Serge Christian Pierre Belamant, Consultant (Age 64)
- Mr. Alexander Michael Ramsay Smith CA, CFO, Sec., Treasurer & Director (Age 49)
Has Net 1 UEPS Technologies been receiving favorable news coverage?
Press coverage about UEPS stock has trended somewhat positive recently, according to Accern. The research firm scores the sentiment of press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Net 1 UEPS Technologies earned a daily sentiment score of 0.12 on Accern's scale. They also assigned headlines about the business services provider an impact score of 46.64 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next few days. View Recent Headlines for Net 1 UEPS Technologies.
Who are Net 1 UEPS Technologies' major shareholders?
Net 1 UEPS Technologies' stock is owned by a number of of institutional and retail investors. Top institutional investors include Intrepid Capital Management Inc. (3.90%), Prescott Group Capital Management L.L.C. (3.34%), Thompson Siegel & Walmsley LLC (1.99%), Connor Clark & Lunn Investment Management Ltd. (1.68%), Millennium Management LLC (1.23%) and Renaissance Technologies LLC (1.15%). Company insiders that own Net 1 UEPS Technologies stock include Alasdair Jonathan Kemsley Pein, Alfred T Mockett, Christopher Stefan Seabrooke, Herman Kotze, Nitin Soma, Paul Edwards and Philip Marc Belamant. View Institutional Ownership Trends for Net 1 UEPS Technologies.
Which institutional investors are selling Net 1 UEPS Technologies stock?
UEPS stock was sold by a variety of institutional investors in the last quarter, including Thompson Siegel & Walmsley LLC, Acadian Asset Management LLC, Renaissance Technologies LLC, Bank of New York Mellon Corp, Boston Partners, California Public Employees Retirement System, Connor Clark & Lunn Investment Management Ltd. and FMR LLC. Company insiders that have sold Net 1 UEPS Technologies company stock in the last year include Alasdair Jonathan Kemsley Pein, Christopher Stefan Seabrooke and Paul Edwards. View Insider Buying and Selling for Net 1 UEPS Technologies.
Which institutional investors are buying Net 1 UEPS Technologies stock?
UEPS stock was bought by a variety of institutional investors in the last quarter, including Foundry Partners LLC, Millennium Management LLC, Prescott Group Capital Management L.L.C., Daiwa SB Investments Ltd., Migdal Insurance & Financial Holdings Ltd., GSA Capital Partners LLP, Intrepid Capital Management Inc. and Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp. Company insiders that have bought Net 1 UEPS Technologies stock in the last two years include Alfred T Mockett, Christopher Stefan Seabrooke 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 $8.75.
How big of a company is Net 1 UEPS Technologies?
Net 1 UEPS Technologies has a market capitalization of $520.86 million and generates $610.07 million in revenue each year. Net 1 UEPS Technologies employs 5,358 workers across the globe.
How can I contact Net 1 UEPS Technologies?
Net 1 UEPS Technologies' mailing address is Cnr. Jan Smuts Avenue and Bolton Road President Place 4th Floor, 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)
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.
