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
  • Sub-Industry: Data Processing & Outsourced Services
  • Symbol: NYSE:PAY
  • CUSIP: 92342Y10
  • Web:
  • Market Cap: $2.28593 billion
  • Outstanding Shares: 112,201,000
Average Prices:
  • 50 Day Moving Avg: $20.32
  • 200 Day Moving Avg: $18.91
  • 52 Week Range: $14.94 - $21.48
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 15.62
  • P/E Growth: 11.12
Sales & Book Value:
  • Annual Revenue: $1.86 billion
  • Price / Sales: 1.22
  • Book Value: $6.70 per share
  • Price / Book: 3.03
  • EBITDA: $217.75 million
  • Net Margins: -9.76%
  • Return on Equity: 11.19%
  • Return on Assets: 3.72%
  • Debt-to-Equity Ratio: 1.04%
  • Current Ratio: 1.32%
  • Quick Ratio: 1.10%
  • Average Volume: 1.39 million shs.
  • Beta: 1.95
  • Short Ratio: 11.97

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) announced its quarterly earnings results on Thursday, September, 7th. The company reported $0.36 earnings per share for the quarter, meeting analysts' consensus estimates of $0.36. The firm had revenue of $466.90 million for the quarter, compared to analysts' expectations of $464.13 million. Verifone Systems had a negative net margin of 9.76% and a positive return on equity of 11.19%. Verifone Systems's revenue was down 5.2% compared to the same quarter last year. During the same period in the previous year, the company posted $0.42 earnings per share. 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 Monday, December, 11th 2017. View Earnings Estimates for Verifone Systems.

What guidance has Verifone Systems issued on next quarter's earnings?

Verifone Systems updated its fourth quarter earnings guidance on Thursday, September, 7th. The company provided earnings per share guidance of $0.43 for the period, compared to the Thomson Reuters consensus estimate of $0.46. The company issued revenue guidance of $470-473 million, compared to the consensus revenue estimate of $474.42 million.

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

17 brokerages have issued 12-month price objectives for Verifone Systems' shares. Their forecasts range from $15.00 to $23.00. On average, they expect Verifone Systems' stock price to reach $19.27 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’s third-quarter fiscal 2017 results were unimpressive. Earnings were in line with the Zacks Consensus Estimate but declined on a year-over-year basis due to weak top-line growth. The decline can be attributed to sluggishness in the Asia-Pacific and North America regions. This was partially offset by strong revenue growth in Latin America and Europe, Middle East and Africa (EMEA). Management expects this weakness to continue, which along with the taxi business divestiture, compelled it to lower fiscal 2017 guidance. Notably, the stock has underperformed the industry on a year-to-date basis. However, the company believes that strength in retail and SMB will help the North America segment revenues to recover going forward. 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." (9/20/2017)
  • 2. BTIG Research analysts commented, "Near-Term Challenges; FY17 EPS Guidance Reduced VeriFone Systems’ (PAY) management in conjunction with the 3Q17 report the company released yesterday after the market close offered plenty of positive commentary about the prospects of its next-generation devices and services, as well as its ongoing mix shift from episodic hardware sales to higher-margin, recurring services revenue." (9/11/2017)
  • 3. 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

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 $20.30.

MarketBeat Community Rating for Verifone Systems (NYSE PAY)
Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  472 (Vote Outperform)
Underperform Votes:  543 (Vote Underperform)
Total Votes:  1,015
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: 1 Sell Rating, 13 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.12)
Consensus Price Target: $19.27 (5.09% downside)
Consensus Price Target History for Verifone Systems (NYSE:PAY)
Price Target History for Verifone Systems (NYSE:PAY)
Analysts' Ratings History for Verifone Systems (NYSE:PAY)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/29/2017Barclays PLCReiterated RatingHold$22.00LowView Rating Details
9/15/2017Citigroup Inc.Initiated CoverageNeutral -> Neutral$23.00LowView Rating Details
9/12/2017Bank of America CorporationInitiated CoverageUnderperform -> Underperform$19.00HighView Rating Details
9/11/2017BTIG ResearchReiterated RatingHoldLowView Rating Details
9/11/2017Jefferies Group LLCReiterated RatingBuy$20.00 -> $23.00LowView Rating Details
9/8/2017Piper Jaffray CompaniesReiterated RatingHold$20.00HighView Rating Details
9/6/2017Northcoast ResearchDowngradeBuy -> NeutralMediumView Rating Details
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
6/9/2017Royal 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
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
6/8/2016Monness 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
(Data available from 10/17/2015 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
12/11/2017$0.43N/AView Earnings Details
9/7/2017Q3 2017$0.36$0.36$464.13 million$466.90 millionViewListenView 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: $1.30
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$0.25$0.22
Q2 20183$0.27$0.31$0.30
Q3 20183$0.32$0.38$0.36
Q4 20183$0.40$0.45$0.42
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 logo$471.98 Million in Sales Expected for Verifone Systems, Inc. (PAY) This Quarter - October 11 at 7:37 AM logoVeriFone Systems (PAY) Up 6% Since Earnings Report: Can It Continue? - Nasdaq - October 11 at 6:26 AM logoVeriFone Systems (PAY) Up 6% Since Earnings Report: Can It Continue? - October 10 at 6:13 AM logoETFs with exposure to VeriFone Systems, Inc. : October 9, 2017 - October 9 at 11:32 PM logoZacks: Brokerages Expect Verifone Systems, Inc. (PAY) to Post $0.43 EPS - October 9 at 12:38 PM logoHow Does VeriFone Systems Inc (PAY) Affect Your Portfolio Returns? - October 5 at 3:04 PM logoVerifone Systems, Inc. (PAY) Receives Average Rating of "Hold" from Brokerages - October 4 at 6:52 AM logoVerifone Systems' (PAY) "Hold" Rating Reiterated at Barclays PLC - September 30 at 2:18 PM logoVerifone Systems (PAY) & Its Competitors Head to Head Survey - September 30 at 2:08 AM logo Analysts Anticipate Verifone Systems, Inc. (PAY) Will Post Quarterly Sales of $471.98 Million - September 22 at 1:28 AM logoVerifone Systems (PAY) and The Competition Head to Head Review - September 18 at 10:37 AM logoVerifone Systems, Inc. (PAY) Earns Neutral Rating from Analysts at Citigroup Inc. - September 16 at 12:26 AM logoCritical Survey: Verifone Systems (PAY) & Endurance International Group Holdings (EIGI) - September 15 at 9:08 AM logoETFs with exposure to VeriFone Systems, Inc. : September 13, 2017 - September 14 at 8:59 AM logoVerifone Systems Meets 80-Plus Relative Strength Rating Benchmark - September 13 at 7:36 AM logoVeriFone Systems, Inc. :PAY-US: Earnings Analysis: Q3, 2017 By the Numbers : September 12, 2017 - September 13 at 7:36 AM logoVerifone Systems, Inc. (PAY) Now Covered by Analysts at Bank of America Corporation - September 12 at 9:34 AM logoVerifone Systems (PAY) in Focus: Stock Moves 5.8% Higher - September 12 at 8:22 AM logoStocks Generating Improved Relative Strength: Verifone Systems - September 12 at 8:22 AM logoToday's Research Reports on Stocks to Watch: VeriFone Systems and Redfin Corp. - September 12 at 8:22 AM logoVerifone Systems' (PAY) Hold Rating Reiterated at BTIG Research - September 11 at 1:22 PM logoVerifone Systems, Inc. (PAY) Price Target Increased to $23.00 by Analysts at Jefferies Group LLC - September 11 at 11:59 AM logoVeriFone (PAY) Q3 Earnings in Line, Revenues Beat Estimates - Nasdaq - September 10 at 6:17 AM logoVeriFone Systems Inc (PAY) Stock Surges Despite Surprising Q3 Loss - - September 10 at 6:17 AM logoPiper Jaffray Companies Reaffirms Hold Rating for Verifone Systems, Inc. (PAY) - September 9 at 3:06 PM logoVeriFone Systems Inc. (PAY) Is Down After Q3 Profit Met Expectations - September 9 at 7:10 AM logoVerifone Announces Participation in September Conferences - September 9 at 7:10 AM logoHave Investors Already Priced In VeriFone Systems Inc’s (PAY) Growth? - September 9 at 7:10 AM logoVeriFone (PAY) Q3 Earnings in Line, Revenues Beat Estimates - September 9 at 7:10 AM logoVeriFone Systems Volatile Amid Results - September 9 at 7:10 AM logoVerifone Systems, Inc. (PAY) Receives Consensus Recommendation of "Hold" from Analysts - September 9 at 6:26 AM logoVeriFone Systems Inc (PAY) Stock Surges Despite Surprising Q3 Loss - September 8 at 4:14 PM logoNorthcoast Research Research Analysts Lower Earnings Estimates for Verifone Systems, Inc. (PAY) - September 8 at 9:00 AM logoNotable Thursday Option Activity: PAY, WYNN, AMBA - Nasdaq - September 8 at 6:55 AM logoVeriFone Systems' (PAY) CEO Paul Galant on Q3 2017 Results ... - Seeking Alpha - September 8 at 6:55 AM logoVerifone Reports Financial Results for Third Quarter of Fiscal 2017 - September 8 at 6:55 AM logoVerifone beats on top line - September 8 at 6:55 AM logoVeriFone reports 3Q loss - September 8 at 6:55 AM logoEdited Transcript of PAY earnings conference call or presentation 7-Sep-17 8:30pm GMT - September 8 at 6:55 AM logoVerifone Systems, Inc. (PAY) Releases Earnings Results, Hits Expectations - September 7 at 9:06 PM logoVerifone Systems, Inc. (PAY) Releases Q4 Earnings Guidance - September 7 at 5:42 PM logoResearch Analysts Set Expectations for Verifone Systems, Inc.'s Q3 2018 Earnings (PAY) - September 7 at 12:00 PM logoHurricane Irma, Trump and ECB - 5 Things You Must Know Before the Market Opens - - September 7 at 7:30 AM logoNorthcoast Research Downgrades Verifone Systems, Inc. (PAY) to Neutral - September 6 at 9:17 AM logoIs a Surprise in Store for VeriFone (PAY) in Q3 Earnings? - Yahoo Finance - September 5 at 9:08 PM logoIs a Surprise in Store for VeriFone (PAY) in Q3 Earnings? - Nasdaq - September 5 at 4:05 PM logoClosing Danger Zone Pick: Verifone Systems - Seeking Alpha - September 5 at 4:05 PM logoIs a Surprise in Store for VeriFone (PAY) in Q3 Earnings? - September 5 at 4:05 PM logo$0.36 Earnings Per Share Expected for Verifone Systems, Inc. (PAY) This Quarter - September 2 at 8:28 AM logoVerifone Systems, Inc. (PAY) to Release Quarterly Earnings on Thursday - August 31 at 1:44 AM



Verifone Systems (PAY) Chart for Tuesday, October, 17, 2017

This page was last updated on 10/17/2017 by Staff

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