Heartland Payment Systems (NYSE: HPY)
A number of other analysts have also recently weighed in on HPY. Analysts at Zacks downgraded shares of Heartland Payment Systems from an ?outperform? rating to a ?neutral? rating in a research note to investors on Tuesday, February 12th. They now have a $36.10 price target on the stock. Separately, analysts at Robert W. Baird reiterated an ?outperform? rating on shares of Heartland Payment Systems in a research note to investors on Tuesday, January 8th. They now have a $40.00 price target on the stock. Finally, analysts at Robert W. Baird reiterated an ?outperform? rating on shares of Heartland Payment Systems in a research note to investors on Tuesday, December 18th. They now have a $40.00 price target on the stock. Four investment analysts have rated the stock with a buy rating, two have given an overweight rating, nine have issued a hold rating, and one has given a sell rating to the company?s stock. The company currently has a consensus rating of ?hold? and an average target price of $34.70.
Shares of Heartland Payment Systems opened at 29.60 on Friday. Heartland Payment Systems has a 52 week low of $25.76 and a 52 week high of $34.00. The stock?s 50-day moving average is currently $31.62. The company has a market cap of $1.091 billion and a P/E ratio of 18.21. Heartland Payment Systems last posted its quarterly earnings results on Thursday, February 7th. The company reported $0.38 earnings per share for the quarter, beating the analysts? consensus estimate of $0.37 by $0.01. The company had revenue of $135.70 million for the quarter, compared to the consensus estimate of $510.30 million. During the same quarter last year, the company posted $0.35 earnings per share. Heartland Payment Systems ?s revenue was up 8.5% compared to the same quarter last year. Heartland Payment Systems has set its FY13 guidance at $1.92-1.96 EPS. Analysts expect that Heartland Payment Systems will post $1.96 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Friday, March 15th. Shareholders of record on Monday, March 4th will be given a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a yield of 0.95%. The ex-dividend date of this dividend is Thursday, February 28th. This is an increase from Heartland Payment Systems ?s previous quarterly dividend of $0.06. Heartland Payment Systems, Inc. provides bankcard payment processing services to merchants in the United States and Canada.