Determin (DTRM) Stock Rating Kept by B.Riley FBR; The $3.0 Target Indicates 68.54% Potential; Verifone Systems (PAY)’s Sentiment Is 0.88

VeriFone Systems, Inc. provides payments and commerce solutions at the point of sale worldwide. The company has market cap of $1.92 billion. It offers countertop solutions that accept payment options, such as contactless, NFC, mobile wallets, and EMV; PIN pads that support credit and debit card, EBT, EMV, and other PIN transactions; and multimedia consumer facing POS devices. It currently has negative earnings. The firm also provides portable payment devices, including small, portable, and handheld devices that enable merchants to accept electronic payments wherever wireless connectivity is available; and mobile solutions that attach to and interface with iOS, Android, or Windows smartphones and tablets.

Among 5 analysts covering Determine (DTRM), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. Determine has $4.50 highest and $2 lowest target. $3.20’s average target is 79.78% above currents $1.78 stock price. Determine had 8 analyst reports since March 9, 2016 according to SRatingsIntel. The firm has “Buy” rating by FBR Capital given on Monday, December 4. The stock of Determine, Inc. (NASDAQ:DTRM) earned “Buy” rating by Maxim Group on Wednesday, March 9. On Friday, November 11 the stock rating was upgraded by Lake Street to “Buy”. The firm has “Buy” rating by FBR Capital given on Friday, February 9. Maxim Group downgraded Determine, Inc. (NASDAQ:DTRM) on Friday, November 10 to “Hold” rating. Desjardins Securities upgraded Determine, Inc. (NASDAQ:DTRM) on Wednesday, March 9 to “Buy” rating.

Determine, Inc. provides software-as-a-service source-to-pay and enterprise contract lifecycle management solutions. The company has market cap of $26.36 million. The firm offers Determine Cloud Platform, an open technology infrastructure for application in strategic sourcing, contract management, e-procurement, invoice management, financial management, supplier management, business, ECLM, and analytics. It currently has negative earnings. It also provides SmartContracts, a solution for the controlling of contract processes from request, authoring, negotiation, approval, and e-signature through ongoing obligations management, analysis, reporting, and renewals; SmartSource, an enterprise scale solution to support the processes of supplier on-boarding, supplier selection, and on-going supplier management; and SmartAnalytics, which delivers business insights and executive reporting.

The stock increased 0.56% or $0.01 during the last trading session, reaching $1.78. About 7,413 shares traded. Determine, Inc. (DTRM) has risen 186.29% since February 9, 2017 and is uptrending. It has outperformed by 169.59% the S&P500.

Ratings analysis reveals 29% of VeriFone’s analysts are positive. Out of 7 Wall Street analysts rating VeriFone, 2 give it “Buy”, 0 “Sell” rating, while 5 recommend “Hold”. The lowest target is $15.0 while the high is $23.0. The stock’s average target of $18 is 5.32% above today’s ($17.09) share price. PAY was included in 7 notes of analysts from September 2, 2016. Craig Hallum initiated the shares of PAY in report on Monday, October 17 with “Buy” rating. The firm has “In-Line” rating given on Monday, September 12 by Imperial Capital. As per Friday, September 2, the company rating was maintained by RBC Capital Markets. The firm has “Buy” rating given on Friday, September 2 by Stifel Nicolaus. Compass Point maintained the stock with “Neutral” rating in Tuesday, December 13 report. The stock has “Hold” rating by Deutsche Bank on Friday, September 2. As per Friday, September 2, the company rating was downgraded by Piper Jaffray.

Lapides Asset Management Llc holds 4.81% of its portfolio in VeriFone Systems, Inc. for 1.16 million shares. Guinness Atkinson Asset Management Inc owns 306,710 shares or 3.91% of their US portfolio. Moreover, Snow Capital Management Lp has 3.41% invested in the company for 3.48 million shares. The Michigan-based Managed Asset Portfolios Llc has invested 2.19% in the stock. Causeway Capital Management Llc, a California-based fund reported 8.19 million shares.

Analysts await VeriFone Systems, Inc. (NYSE:PAY) to report earnings on March, 8. They expect $0.16 EPS, up 33.33% or $0.04 from last year’s $0.12 per share. PAY’s profit will be $17.98 million for 26.70 P/E if the $0.16 EPS becomes a reality. After $0.35 actual EPS reported by VeriFone Systems, Inc. for the previous quarter, Wall Street now forecasts -54.29% negative EPS growth.