Planet Payment Inc (PLPM) EPS Estimated At $0.05

October 13, 2017 - By Marie Mckinney

 Planet Payment Inc (PLPM) EPS Estimated At $0.05
Investors sentiment decreased to 1.34 in Q2 2017. Its down 0.54, from 1.88 in 2017Q1. It worsened, as 10 investors sold Planet Payment Inc shares while 22 reduced holdings. 21 funds opened positions while 22 raised stakes. 20.15 million shares or 8.79% less from 22.09 million shares in 2017Q1 were reported.
253 were accumulated by Royal Savings Bank Of Canada. Jpmorgan Chase holds 0% of its portfolio in Planet Payment Inc (NASDAQ:PLPM) for 177,977 shares. Bank & Trust Of America De holds 0% or 15,399 shares. Victory Mngmt Inc invested in 0% or 14,220 shares. Legal And General Group Public Ltd Company invested 0% in Planet Payment Inc (NASDAQ:PLPM). Wells Fargo Communication Mn holds 45,674 shares or 0% of its portfolio. Meeder Asset Mgmt holds 0% in Planet Payment Inc (NASDAQ:PLPM) or 2,677 shares. Campbell Communication Inv Adviser Ltd Llc owns 10,867 shares. Tiaa Cref Mngmt Limited Liability Company reported 115,557 shares. Citadel Advisors Lc stated it has 0% in Planet Payment Inc (NASDAQ:PLPM). 1492 Management Ltd stated it has 0.12% of its portfolio in Planet Payment Inc (NASDAQ:PLPM). Menta Cap Limited Liability accumulated 107,337 shares or 0.04% of the stock. Fmr Limited Co reported 84,105 shares stake. Vanguard Group Inc Inc reported 1.46M shares or 0% of all its holdings. Blackrock Inc accumulated 0% or 2.68M shares.

Wall Street await Planet Payment Inc (NASDAQ:PLPM) to release earnings on November, 1. Analysts forecast EPS of $0.05, up exactly $0.01 or 25.00 % from 2014’s $0.04 EPS. The expected PLPM’s profit could reach $2.49 million giving the stock 21.10 P/E in the case that $0.05 earnings per share is reported. After posting $0.04 EPS for the previous quarter, Planet Payment Inc’s analysts now forecast 25.00 % EPS growth. The stock decreased 1.40% or $0.06 during the last trading session, reaching $4.22. About 121,901 shares traded. Planet Payment Inc (NASDAQ:PLPM) has declined 15.44% since October 13, 2016 and is downtrending. It has underperformed by 32.14% the S&P500.

Planet Payment Inc (NASDAQ:PLPM) Ratings Coverage

Among 2 analysts covering Planet Payment (NASDAQ:PLPM), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Planet Payment had 4 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of Planet Payment Inc (NASDAQ:PLPM) has “Buy” rating given on Wednesday, October 11 by Northland Capital. The stock of Planet Payment Inc (NASDAQ:PLPM) earned “Buy” rating by Ladenburg Thalmann on Monday, July 11. The firm has “Buy” rating given on Wednesday, August 9 by Northland Capital. The firm has “Hold” rating by Zacks given on Thursday, August 6.

Planet Payment, Inc. is a provider of international payment and transaction processing and multi-currency processing services. The company has market cap of $210.53 million. The Firm operates through two divisions: multi-currency processing services and payment processing services. It has a 9.18 P/E ratio. The Company’s multi-currency processing services segment includes Pay In Your Currency, Multi-Currency Pricing and Dynamic Currency Conversion at automated teller machines, enable merchants to offer customized pricing in multiple currencies.

More notable recent Planet Payment Inc (NASDAQ:PLPM) news were published by: Seekingalpha.com which released: “Planet Payment’s (PLPM) CEO Carl Williams on Q1 2017 Results – Earnings Call …” on May 10, 2017, also Globenewswire.com with their article: “PSP Card Services and Planet Payment Launch Pay in Your Currency® and Multi …” published on August 16, 2017, Globenewswire.com published: “Russian Standard Bank and Planet Payment Announce Launch of Pay in Your Currency®” on October 02, 2017. More interesting news about Planet Payment Inc (NASDAQ:PLPM) were released by: Globenewswire.com and their article: “KCB Bank and Planet Payment Announce Launch of Pay In Your Currency®” published on May 12, 2017 as well as Globenewswire.com‘s news article titled: “Planet Payment Announces Exploration of Strategic Alternatives” with publication date: August 08, 2017.

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