Verifone Systems Company Profile (NYSE:PAY)

About Verifone Systems (NYSE:PAY)

Verifone Systems logoVeriFone Systems, Inc. offers payments and commerce solutions. The Company is engaged in designing, manufacturing, marketing and supplying a range of payment solutions and complementary services. It provides solutions and services for the retail point-of-sale (POS) that enable various forms of commerce. The Company's segments include Verifone Systems and Verifone Services. The Verifone Systems segment delivers point of sale electronic payment devices that run the operating systems, security and encryption software, and certified payment software for both payments and commerce. The Verifone Services segment delivers device-related leasing and maintenance, payment transaction routing and reporting, and commerce based services, such as advertising on digital screens. The Company operates in various sectors, such as financial services, retail, petroleum, restaurant, hospitality, taxi, transportation and healthcare.

Industry, Sector and Symbol:
  • Sector: Business Services
  • Industry: IT Services & Consulting - NEC
  • Sub-Industry: Data Processing & Outsourced Services
  • Symbol: NYSE:PAY
  • CUSIP: 92342Y10
  • Web:
  • Market Cap: $2.11594 billion
  • Outstanding Shares: 111,835,000
Average Prices:
  • 50 Day Moving Avg: $19.08
  • 200 Day Moving Avg: $18.71
  • 52 Week Range: $14.94 - $20.98
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 14.41
  • P/E Growth: 10.24
Sales & Book Value:
  • Annual Revenue: $1.88 billion
  • Price / Sales: 1.13
  • Book Value: $6.71 per share
  • Price / Book: 2.83
  • EBIDTA: $198.5 million
  • Net Margins: -7.53%
  • Return on Equity: 11.55%
  • Return on Assets: 3.85%
  • Debt-to-Equity Ratio: 1.04%
  • Current Ratio: 1.38%
  • Quick Ratio: 1.14%
  • Average Volume: 1.68 million shs.
  • Beta: 1.87
  • Short Ratio: 0.01

Frequently Asked Questions for Verifone Systems (NYSE:PAY)

What is Verifone Systems' stock symbol?

Verifone Systems trades on the New York Stock Exchange (NYSE) under the ticker symbol "PAY."

How were Verifone Systems' earnings last quarter?

Verifone Systems, Inc. (NYSE:PAY) posted its quarterly earnings data on Thursday, June, 8th. The company reported $0.30 earnings per share (EPS) for the quarter, hitting the Thomson Reuters' consensus estimate of $0.30. The business earned $474 million during the quarter, compared to the consensus estimate of $472.80 million. Verifone Systems had a negative net margin of 7.53% and a positive return on equity of 11.55%. Verifone Systems's quarterly revenue was down 9.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.47 EPS. View Verifone Systems' Earnings History.

When will Verifone Systems make its next earnings announcement?

Verifone Systems is scheduled to release their next quarterly earnings announcement on Thursday, September, 7th 2017. View Earnings Estimates for Verifone Systems.

Where is Verifone Systems' stock going? Where will Verifone Systems' stock price be in 2017?

15 equities research analysts have issued 1 year price objectives for Verifone Systems' stock. Their predictions range from $15.00 to $21.00. On average, they expect Verifone Systems' share price to reach $18.42 in the next year. View Analyst Ratings for Verifone Systems.

What are analysts saying about Verifone Systems stock?

Here are some recent quotes from research analysts about Verifone Systems stock:

  • 1. According to Zacks Investment Research, "VeriFone has underperformed the broader industry on a year-to-date basis. Based on the unimpressive second-quarter results and divestiture of three non-core businesses, the company lowered its fiscal 2017 guidance. Continued forex volatility along with increasing competition remain key areas of concern for the company. Nevertheless, we believe that the company's strong product portfolio that  now includes the likes of Carbon 8 and Engage will help in expanding customer base in the long haul." (8/14/2017)
  • 2. Imperial Capital analysts commented, "We are maintaining our In-Line rating and raising our one-year price target to $20 from $18 on PAY shares, about 8% above recent share price. On 3/9/17, management provided updated FY17 guidance. We are adjusting our FY17-FY18 estimates and introducing our FY19 estimates." (3/23/2017)

Who are some of Verifone Systems' key competitors?

Who are Verifone Systems' key executives?

Verifone Systems' management team includes the folowing people:

  • Paul Galant, Chief Executive Officer, Director
  • Marc E. Rothman, Chief Financial Officer, Executive Vice President
  • Albert Yuan Quan Liu, Executive Vice President - Corporate Development, General Counsel
  • Vin D'Agostino, Executive Vice President, Chief Strategy Officer
  • Glen Robson, Executive Vice President - Global Head of Solutions
  • Alex W. Hart, Non-Executive Independent Chairman of the Board
  • Rowan M. Trollope, Director
  • Robert W. Alspaugh, Independent Director
  • Karen A. Austin, Independent Director
  • Robert B. Henske, Independent Director

Who owns Verifone Systems stock?

Verifone Systems' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.90%), Vanguard Group Inc. (8.37%), Bank of New York Mellon Corp (4.49%), Alliancebernstein L.P. (4.24%), Fisher Asset Management LLC (3.30%) and State Street Corp (3.23%). Company insiders that own Verifone Systems stock include Alok Bhanot, Eitan Raff and Robert W Alspaugh. View Institutional Ownership Trends for Verifone Systems.

Who sold Verifone Systems stock? Who is selling Verifone Systems stock?

Verifone Systems' stock was sold by a variety of institutional investors in the last quarter, including Jackson Square Partners LLC, Macquarie Group Ltd., Pictet Asset Management Ltd., Ameriprise Financial Inc., River Road Asset Management LLC, Sei Investments Co., Cambiar Investors LLC and Wells Fargo & Company MN. Company insiders that have sold Verifone Systems stock in the last year include Eitan Raff and Robert W Alspaugh. View Insider Buying and Selling for Verifone Systems.

Who bought Verifone Systems stock? Who is buying Verifone Systems stock?

Verifone Systems' stock was bought by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, BlackRock Inc., Epoch Investment Partners Inc., State Street Corp, Northern Trust Corp, Alliancebernstein L.P., Neuberger Berman Group LLC and Fisher Asset Management LLC. View Insider Buying and Selling for Verifone Systems.

How do I buy Verifone Systems stock?

Shares of Verifone Systems can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Verifone Systems' stock price today?

One share of Verifone Systems stock can currently be purchased for approximately $19.02.

MarketBeat Community Rating for Verifone Systems (NYSE PAY)
Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  450 (Vote Outperform)
Underperform Votes:  507 (Vote Underperform)
Total Votes:  957
MarketBeat's community ratings are surveys of what our community members think about Verifone Systems and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Verifone Systems (NYSE:PAY) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 13 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.13)
Consensus Price Target: $18.42 (3.17% downside)

Analysts' Ratings History for Verifone Systems (NYSE:PAY)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
6/16/2017BMO Capital MarketsLower Price TargetMarket Perform$21.00 -> $20.00LowView Rating Details
6/13/2017Imperial CapitalLower Price TargetIn -> In-Line$20.00 -> $19.00LowView Rating Details
6/12/2017BTIG ResearchReiterated RatingNeutralLowView Rating Details
6/11/2017Barclays PLCReiterated RatingEqual Weight$22.00 -> $20.00HighView Rating Details
6/9/2017Royal Bank Of CanadaLower Price TargetSector Perform$23.00 -> $20.00MediumView Rating Details
3/27/2017Tigress FinancialInitiated CoverageBuyLowView Rating Details
3/13/2017Deutsche Bank AGReiterated RatingHold$15.00LowView Rating Details
3/11/2017Morgan StanleyReiterated RatingEqual Weight$16.00 -> $18.00N/AView Rating Details
12/15/2016WedbushReiterated RatingNeutral$20.00 -> $18.00N/AView Rating Details
12/13/2016Compass PointLower Price TargetNeutral$17.50 -> $16.00N/AView Rating Details
12/2/2016Stifel NicolausDowngradeBuy -> Hold$18.00 -> $15.00N/AView Rating Details
10/17/2016Craig HallumInitiated CoverageBuy$20.00N/AView Rating Details
9/6/2016ArgusDowngradeBuy -> HoldN/AView Rating Details
9/4/2016Pacific CrestReiterated RatingHoldN/AView Rating Details
9/2/2016Piper Jaffray CompaniesDowngradeOverweight -> Neutral$27.00 -> $19.00N/AView Rating Details
6/28/2016Credit Suisse GroupReiterated RatingHold$24.00N/AView Rating Details
6/9/2016Standpoint ResearchUpgradeHold -> Buy$27.00N/AView Rating Details
6/8/2016SunTrust Banks, Inc.Lower Price TargetBuy$37.00 -> $24.00N/AView Rating Details
6/8/2016Jefferies Group LLCReiterated RatingBuy$40.00N/AView Rating Details
6/8/2016Monness Crespi & HardtDowngradeBuy -> NeutralN/AView Rating Details
6/8/2016J P Morgan Chase & CoDowngradeOverweight -> Neutral$34.00 -> $24.00N/AView Rating Details
6/8/2016Goldman Sachs Group, Inc. (The)Reiterated RatingNeutral$31.00 -> $28.00N/AView Rating Details
1/21/2016Raymond James Financial, Inc.Lower Price TargetStrong-Buy$44.00 -> $31.00N/AView Rating Details
12/14/2015Topeka Capital MarketsReiterated RatingBuy$41.00N/AView Rating Details
9/5/2015Susquehanna Bancshares IncReiterated RatingBuyN/AView Rating Details
(Data available from 8/22/2015 forward)


Earnings History for Verifone Systems (NYSE:PAY)
Earnings by Quarter for Verifone Systems (NYSE:PAY)
Earnings History by Quarter for Verifone Systems (NYSE PAY)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
9/7/2017$0.36N/AView Earnings Details
6/8/2017Q2 17$0.30$0.30$472.80 million$474.00 millionViewListenView Earnings Details
3/9/2017Q1 2017$0.20$0.21$449.37 million$457.00 millionViewListenView Earnings Details
12/12/2016Q416$0.29$0.30$460.85 million$467.60 millionViewN/AView Earnings Details
9/1/2016Q316$0.40$0.42$515.44 million$493.00 millionViewN/AView Earnings Details
6/7/2016Q216$0.52$0.47$530.07 million$532.00 millionViewN/AView Earnings Details
3/10/2016Q116$0.46$0.48$501.22 million$514.00 millionViewListenView Earnings Details
12/14/2015Q415$0.48$0.49$513.65 million$514.10 millionViewListenView Earnings Details
9/3/2015Q315$0.46$0.47$501.19 million$509.90 millionViewListenView Earnings Details
6/4/2015Q215$0.42$0.44$488.67 million$490.00 millionViewListenView Earnings Details
3/10/2015Q115$0.41$0.44$483.25 million$486.00 millionViewListenView Earnings Details
12/15/2014Q414$0.09$0.44$484.43 million$490.50 millionViewListenView Earnings Details
9/4/2014Q314$0.35$0.40$458.90 million$476.00 millionViewListenView Earnings Details
6/5/2014Q214$0.33$0.33$443.42 million$467.00 millionViewListenView Earnings Details
3/11/2014Q114$0.27$0.31$429.60 million$436.00 millionViewListenView Earnings Details
12/17/2013Q4$0.26$0.27$421.50 million$432.00 millionViewListenView Earnings Details
9/5/2013Q3 2013$0.20$0.24$400.83 million$416.00 millionViewListenView Earnings Details
6/5/2013Q2 2013$0.47$0.42$440.29 million$430.00 millionViewListenView Earnings Details
12/13/20120.76$0.76$0.76$494.84 million$485.00 millionViewListenView Earnings Details
9/5/2012Q312$0.70$0.75$498.34 million$493.00 millionViewN/AView Earnings Details
5/24/2012$0.61$0.64ViewN/AView Earnings Details
3/5/2012$0.52$0.58ViewN/AView Earnings Details
12/14/2011$0.51$0.53ViewN/AView Earnings Details
9/6/2011$0.46$0.49ViewN/AView Earnings Details
6/2/2011$0.43$0.46ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Verifone Systems (NYSE:PAY)
2017 EPS Consensus Estimate: $1.10
2018 EPS Consensus Estimate: $1.35
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20176$0.10$0.31$0.16
Q2 20176$0.22$0.34$0.26
Q3 20176$0.27$0.33$0.31
Q4 20176$0.35$0.44$0.38
Q1 20182$0.19$0.23$0.21
Q2 20183$0.27$0.33$0.30
Q3 20183$0.38$0.39$0.38
Q4 20183$0.42$0.50$0.46
Q2 20191$0.31$0.31$0.31
(Data provided by Zacks Investment Research)


Dividend History for Verifone Systems (NYSE:PAY)
No dividend announcements for this company have been tracked by

Insider Trades

Insider Trading and Institutional Ownership History for Verifone Systems (NYSE:PAY)
Insider Ownership Percentage: 1.20%
Insider Trades by Quarter for Verifone Systems (NYSE:PAY)
Institutional Ownership by Quarter for Verifone Systems (NYSE:PAY)
Insider Trades by Quarter for Verifone Systems (NYSE:PAY)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/29/2016Robert W AlspaughDirectorSell8,250$15.81$130,432.50View SEC Filing  
9/26/2016Eitan RaffDirectorSell4,125$16.13$66,536.25View SEC Filing  
12/29/2015Alok BhanotEVPSell994$28.74$28,567.56View SEC Filing  
11/23/2015Alok BhanotEVPSell1,700$28.54$48,518.00View SEC Filing  
10/28/2015Alok BhanotEVPSell1,700$30.22$51,374.00View SEC Filing  
9/29/2015Alok BhanotEVPSell1,700$26.86$45,662.00View SEC Filing  
8/24/2015Alok BhanotEVPSell1,700$29.61$50,337.00View SEC Filing  
6/24/2015Alok BhanotEVPSell1,700$35.50$60,350.00View SEC Filing  
6/23/2015Eitan RaffDirectorSell1,375$36.00$49,500.00View SEC Filing  
5/28/2015Alok BhanotEVPSell1,700$37.82$64,294.00View SEC Filing  
4/28/2015Alok BhanotEVPSell1,700$35.44$60,248.00View SEC Filing  
4/20/2015Sunil Aruna KappagodaEVPSell52,900$35.29$1,866,841.00View SEC Filing  
3/30/2015Alok BhanotEVPSell1,700$34.80$59,160.00View SEC Filing  
3/20/2015Robert W AlspaughDirectorSell8,625$36.04$310,845.00View SEC Filing  
2/25/2015Alok BhanotEVPSell1,700$36.03$61,251.00View SEC Filing  
2/13/2015Albert LiuEVPSell79,688$35.03$2,791,470.64View SEC Filing  
2/2/2015Bulent OzayazInsiderSell9,341$30.65$286,301.65View SEC Filing  
1/28/2015Alok BhanotEVPSell1,700$32.38$55,046.00View SEC Filing  
1/6/2015Jennifer MilesInsiderSell15,325$36.71$562,580.75View SEC Filing  
12/18/2014Robert W AlspaughDirectorSell10,000$37.09$370,900.00View SEC Filing  
11/3/2014Bulent OzayazInsiderSell9,341$37.23$347,765.43View SEC Filing  
10/28/2014Jennifer MilesInsiderSell9,949$36.53$363,436.97View SEC Filing  
10/27/2014Jennifer MilesInsiderSell63,646$35.54$2,261,978.84View SEC Filing  
8/19/2014Bulent OzayazInsiderSell17,045$35.25$600,836.25View SEC Filing  
8/7/2014Sunil Aruna KappagodaEVPSell84,650$33.18$2,808,687.00View SEC Filing  
5/1/2014Bulent OzayazInsiderSell18,975$33.35$632,816.25View SEC Filing  
1/28/2014Marc RothmanCFOBuy10,000$28.67$286,700.00View SEC Filing  
1/17/2014Douglas BergeronCEOSell1,826,834$27.56$50,347,545.04View SEC Filing  
10/3/2013Paul GalantCEOSell65,185$23.36$1,522,721.60View SEC Filing  
7/26/2013Richard A McginnCEOBuy20,000$17.76$355,200.00View SEC Filing  
7/10/2013Jeffrey E StieflerDirectorBuy27,900$17.89$499,131.00View SEC Filing  
6/25/2013Robert W AlspaughDirectorBuy5,000$16.78$83,900.00View SEC Filing  
6/14/2013Alex W HartDirectorBuy10,000$15.72$157,200.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Verifone Systems (NYSE:PAY)
Latest Headlines for Verifone Systems (NYSE:PAY)
DateHeadline logoVerifone Systems Sees Unusually High Options Volume (PAY) - August 18 at 1:50 AM logoVerifone Systems, Inc. (PAY) Downgraded to Sell at BidaskClub - August 16 at 9:34 PM logoVerifone Systems, Inc. (PAY) Receives Average Recommendation of "Hold" from Brokerages - August 15 at 6:50 AM logoSee what the IHS Markit Score report has to say about Verifone Systems Inc. - August 15 at 6:04 AM logoVeriFone Systems, Inc. breached its 50 day moving average in a Bearish Manner : PAY-US : August 14, 2017 - August 15 at 6:04 AM logo Brokerages Anticipate Verifone Systems, Inc. (NYSE:PAY) to Announce $0.28 Earnings Per Share - August 14 at 8:04 PM logoVerifone Systems, Inc. (PAY) Downgraded by Zacks Investment Research - August 14 at 2:30 PM logoStocks Under Scanner in the Business Equipment Space -- VeriFone Systems ... - August 8 at 6:04 AM logoFinancial Analysis: TechTarget (TTGT) and Verifone Systems (PAY) - August 5 at 2:22 PM logoVerifone to Report Third Quarter Fiscal 2017 Results on Thursday, September 7, 2017 - August 2 at 6:46 AM logoVerifone Systems, Inc. (PAY) Rating Lowered to Hold at BidaskClub - July 29 at 1:36 PM logo Brokerages Anticipate Verifone Systems, Inc. (NYSE:PAY) Will Post Quarterly Sales of $464.03 Million - July 29 at 7:45 AM logoETFs with exposure to VeriFone Systems, Inc. : July 24, 2017 - July 24 at 7:41 PM logoVerifone Systems, Inc. (NYSE:PAY) Given Average Recommendation of "Hold" by Analysts - July 21 at 7:56 AM logoToday's charts: Amazon back above $1,000; PayPal jumps on Apple deal; Twitter names new exec - July 15 at 7:20 AM logoETFs with exposure to VeriFone Systems, Inc. : July 14, 2017 - July 15 at 7:20 AM logoVeriFone Systems, Inc. breached its 50 day moving average in a Bullish Manner : PAY-US : July 11, 2017 - July 12 at 6:47 AM logoVerifone (PAY) Down 2.6% Since Earnings Report: Can It Rebound? - July 11 at 6:29 AM logoPAY Makes Bullish Cross Above Critical Moving Average - July 8 at 1:27 PM logo Brokerages Expect Verifone Systems, Inc. (PAY) Will Post Quarterly Sales of $464.03 Million - July 5 at 11:04 AM logo$0.28 Earnings Per Share Expected for Verifone Systems, Inc. (PAY) This Quarter - July 3 at 12:40 PM logoBidaskClub Upgrades Verifone Systems, Inc. (PAY) to "Hold" - July 1 at 4:30 PM logoVeriFone Systems, Inc. breached its 50 day moving average in a Bullish Manner : PAY-US : June 29, 2017 - June 30 at 3:15 AM logoInvestors Purchase High Volume of Verifone Systems Put Options (PAY) - June 29 at 7:13 AM logoEarnings Review and Free Research Report: VeriFone Surpassed Top-line Expectations - June 28 at 3:43 PM logoMobilePay Live in Denmark and Coming to Merchants in Finland and Norway through Verifone Platform - June 27 at 7:08 AM logoVerifone Collaborates with Sage to Offer Simple, Integrated Payment and Cloud Accounting Solutions for Small Businesses in Europe - June 27 at 7:08 AM logoVerifone Systems, Inc. (PAY) Receives Consensus Recommendation of "Hold" from Brokerages - June 26 at 8:04 AM logoVerifone and SITA are First to Enable Integrated, Scalable, and Highly Secure Payment Acceptance for Shared Check-In Desks and Kiosks at Airports Worldwide - June 22 at 8:16 AM logoVerifone Launches Two PCI 5.0 Certified Payment Solutions to Offer Portability and Mobility for On-the-Go Businesses, Line-Busting, and Pay-at-the-Table Service - June 22 at 8:16 AM logoVerifone Systems, Inc. (PAY) Stock Rating Lowered by BidaskClub - June 20 at 6:06 PM logoVerifone Systems, Inc. (PAY) Price Target Cut to $19.00 by Analysts at Imperial Capital - June 18 at 6:20 PM logoVerifone Systems, Inc. (PAY) Earns "Market Perform" Rating from BMO Capital Markets - June 16 at 1:46 PM logoResearch Analysts Set Expectations for Verifone Systems, Inc.'s Q3 2017 Earnings (PAY) - June 16 at 8:31 AM logoETFs with exposure to VeriFone Systems, Inc. : June 14, 2017 - June 14 at 11:19 PM logoStock Traders Buy Large Volume of Put Options on Verifone Systems (PAY) - June 14 at 7:25 AM logoVeriFone Systems, Inc. :PAY-US: Earnings Analysis: Q2, 2017 By the Numbers : June 13, 2017 - June 13 at 10:33 AM logoVeriFone Systems, Inc. breached its 50 day moving average in a Bearish Manner : PAY-US : June 12, 2017 - June 12 at 6:47 PM logoVeriFone, Inc. -- Moody's says Verifone's divestiture of non-core assets is credit positive, but lowered revenue expectation from petroleum vertical underscores risks - June 12 at 6:47 PM logoVerifone Systems, Inc. (PAY) Receives Neutral Rating from BTIG Research - June 12 at 1:48 PM logoVeriFone Systems Inc (PAY) Stock Rating Reaffirmed by Barclays PLC - June 11 at 7:40 PM logoEdited Transcript of PAY earnings conference call or presentation 8-Jun-17 8:30pm GMT - June 10 at 12:24 AM logoThe Bar For VeriFone Was Already Low This Year -- And Management Just Set It Lower - Benzinga - June 9 at 7:22 PM logoVeriFone Systems' (PAY) Paul Galant on Q2 2017 Results ... - Seeking Alpha - June 9 at 7:22 PM logoThe Bar For VeriFone Was Already Low This Year -- And Management Just Set It Lower - June 9 at 4:47 PM logo Analysts Anticipate VeriFone Systems Inc (PAY) Will Post Quarterly Sales of $484.58 Million - June 9 at 2:56 PM logoMid-Morning Market Update: Markets Open Higher; VeriFone Posts Q2 Loss - June 9 at 10:58 AM logoVeriFone Systems Inc (PAY) Given New $20.00 Price Target at Royal Bank of Canada - June 9 at 7:52 AM logo5 Stocks To Watch For June 9, 2017 - June 9 at 7:50 AM logoVeriFone Systems Sees Unusually Large Options Volume (PAY) - June 9 at 7:06 AM



Verifone Systems (PAY) Chart for Tuesday, August, 22, 2017

This page was last updated on 8/22/2017 by Staff