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Re: None

Friday, 11/08/2019 4:32:27 PM

Friday, November 08, 2019 4:32:27 PM

Post# of 2611
Clearly, this situation might make many investors far too nervous. Yet, a possible buyout could be enticing for others, especially for a cheap stock. USA Technologies is a Zacks Rank #2 (Strong Buy) at the moment and is part of our Computer - Integrated Systems that rests in the top 30% of our 253 Zacks industries. Our current Zacks Consensus Estimates call for the company’s fiscal 2020 revenue to jump over 27%, with FY21 projected to come in 18% higher at $199.4 million. The company’s adjusted earnings are also expected to soar in 2021. Despite the uncertainty, USAT stock is still up over 80% in 2019 and sits far below its recent August 2018 highs of around $16 per share, which could give it room to run.