A Price Target Of $6.2 Is Set By Research Analysts For USA Technologies, Inc. (NASDAQ:USAT)
Analysts aside, if USAT continues to increase revenues in big chunks YoY, the PPS will continue to rise.
The customers supporting USAT's customers are creatures of habit and will continue to buy more and more, day after day, month after month, etc.
The customers supporting USAT's customers are primarily buying food, snacks and soda's.
I'm starting to think USAT is a hold and forget stock.
SEPTEMBER 7, 2016
BY DANNICA STINSON
Over a period of 12 months, 5 brokerage firms have analysed and allotted ratings to USA Technologies, Inc. (NASDAQ:USAT). Being the Wall Street analysts that they are, a mean target price of $6.2 has been reached for the company. Updating of the agreed target price took place on 2016-05-13. USA Technologies, Inc. opened at $5.22 and closed at $5.13 in its last trading session reaching a trade volume of 104862.
The estimation by researchers of earnings per is at $0. Getting this figure means calculating the mean of the earnings forecast of every brokerage sell-side researcher for the firm. On 2016-09-13 which is still on a tentative measure, USA Technologies, Inc. (NASDAQ:USAT) will come out with its quarterly earnings issue. For the quarter that ended on 2016-03-31, the company reported $-0.01 as earnings. 5 analysts ratings is what was used to calculate the arithmetical mean. A mean rating of $1.2 was arrived at which the company received from brokerage researchers that covered it.
The rating figure of 1 to 5 is commonly used. When a company score 1, it is considered a Strong Buy whereas 5 is a Strong Sell. From all the research of USA Technologies, Inc. by 5 analysts a high of $7 was pegged as the best estimate of its stock price. For the same period within the coming year, the lowest estimate is $5.5. Through the current year, the estimated earnings per share for USA Technologies, Inc. was calculated by the researchers who gave a mean EPS target of $0.04.
The earnings per share estimate for the same period ranges from a low to a high of $0.02 and $0.08 respectively. Over a period of three to five years, the researchers gave long term estimates of 2 for the earning per share of the company. The projection is that the EPS will grow at a rate of 20%.
