JetPay (NASDAQ:JTPY) released its earnings results on Thursday. The credit services provider reported ($0.19) EPS for the quarter, missing analysts’ consensus estimates of ($0.16) by ($0.03), Fidelity Earnings reports. The company had revenue of $15.87 million for the quarter, compared to analysts’ expectations of $19.33 million. JetPay had a negative return on equity of 305.34% and a negative net margin of 4.54%.
JTPY stock opened at $2.15 on Friday. The stock has a market cap of $33.13 million, a PE ratio of -2.87 and a beta of 0.23. The company has a debt-to-equity ratio of -3.23, a current ratio of 1.00 and a quick ratio of 1.01. JetPay has a 52 week low of $1.45 and a 52 week high of $4.89.
A number of research firms have recently commented on JTPY. ValuEngine raised shares of JetPay from a “hold” rating to a “buy” rating in a research note on Wednesday, May 2nd. TheStreet cut shares of JetPay from a “c-” rating to a “d+” rating in a research note on Wednesday, May 2nd. Finally, Barrington Research set a $3.00 target price on shares of JetPay and gave the stock a “buy” rating in a research note on Thursday.
JetPay Company Profile
JetPay Corporation provides debit and credit card processing, payroll, human capital management (HCM) and card services to businesses and their employees in the United States. The company operates through two segments, JetPay Payment Processing and JetPay HR and Payroll. It offers debit and credit processing and automated clearing house payment services to small and medium-sized businesses, as well as to large entities, which processes Internet transactions and recurring billings; and HCM services, including payroll, tax filing, time and attendance, HR, and other related services to small and medium-sized employers.
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