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Bullish KeyBanc Says Square's Macro Risks Can Be Overcome
Wednesday, January 16, 2019 - 11:06am | 352Read More...Although Square Inc (NYSE: SQ) faces macro headwinds, they could be offset by company-specific factors and do not impact 2019 gross payment volume projections, according to KeyBanc Capital Markets. The Analyst Analyst Josh Beck maintains an Overweight rating on Square with an...
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Square's Guidance Miss: Analysts Speak Up
Thursday, November 8, 2018 - 1:21pm | 653Read More...Square Inc (NYSE: SQ) is getting crushed Thursday following a disappointing third-quarter earnings report. Square beat analyst expectations for earnings and revenue, but its fourth-quarter guidance disappointed Wall Street. The stock was down more than 9 percent to $74.79 at time of publication....
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Payments Earnings Preview: Square, Global Payments, Worldpay Are 'High-Conviction' Names
Wednesday, October 17, 2018 - 3:50pm | 587Read More...Shares of payment processors have underperformed the S&P 500 Index in the quarter-to-date period, creating an attractive buying opportunity, according to an analyst at KeyBanc Capital Markets. The Analyst Josh Beck has Overweight ratings on the following stocks: Square Inc (NYSE: SQ) - $115...
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KeyBanc Lifts Square's Price Target To $115 After Encouraging Survey Results
Tuesday, October 2, 2018 - 3:06pm | 406Read More...Payment processor Square Inc (NYSE: SQ) continues to successfully evolve from its roots of facilitating credit card transactions based on KeyBanc's survey of 20 Square sellers. The Analyst KeyBanc Capital Markets' Josh Beck maintains an Overweight rating on Square with a price target...
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PayPal's $2.2-Billion iZettle Acquisition Reassures A Sell-Side Bull
Friday, May 18, 2018 - 9:55am | 374Read More...Paypal Holdings Inc (NASDAQ: PYPL)'s $2.2-billion acquisition of the Swedish company iZettle gave a KeyBanc Capital Markets added confidence in his bullish thesis for the payments stock. The Analyst KeyBanc's Josh Beck maintains an Overweight rating on PayPal with an unchanged...
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PagSeguro's Brazil Opportunity Is 'Compelling,' KeyBanc Says In Bullish Initiation
Friday, April 13, 2018 - 10:05am | 420Read More...PagSeguro Digital Ltd (NYSE: PAGS), a Brazil-based mobile payment provider that focuses mostly on micro-merchants, small- and medium-sized companies, faces a "compelling" opportunity in its home market, according to KeyBanc Capital Markets. The Analyst KeyBanc Capital Markets...
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KeyBanc: VeriFone Investors May Want To Wait For More Momentum
Wednesday, December 13, 2017 - 12:44pm | 385Read More...VeriFone Systems Inc (NYSE: PAY) reported fiscal fourth quarter earnings after the close Tuesday. The Analyst KeyBanc Capital Markets' Josh Beck maintains a Sector Weight rating on Verifone's stock with no assigned price target. The Thesis Verifone's earnings report...
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4 Opportunities In Square's Future That Make It A Buy
Thursday, November 9, 2017 - 10:48am | 402Read More...Square Inc (NYSE: SQ), one of the hottest stocks of 2017, reported third-quarter results Tuesday that exceeded Wall Street's estimates but showed some signs of decelerating growth. Some investors are taking the earnings report as an opportunity to re-examine their thesis and are...
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The 3 Debates Around Investing In LendingClub
Wednesday, November 8, 2017 - 9:50am | 378Read More...LendingClub Corp (NYSE: LC) reported third quarter results after Tuesday's market close. Revenue of $154 million fell slightly short of the $156.7 million Wall Street expected and EBITDA of $21.0 million was in-line with expectations. Investors found fault with the company's...
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Should You Join The Lending Club Bulls Ahead Of Q3 Earnings?
Tuesday, November 7, 2017 - 2:16pm | 361Read More...LendingClub Corp (NYSE: LC), an online marketplace that connects borrowers and investors, has seen its share of controversy over the years. After a management shuffle which saw the ouster of ex-CEO Renaud Laplanche, investors will be looking for further signs of progress in the company's third-...
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Here's What Analysts Thought Of PayPal's Q1
Friday, April 28, 2017 - 9:22am | 692Read More...Paypal Holdings Inc (NASDAQ: PYPL) announced Wednesday after the market close first-quarter non-GAAP earnings per share of $0.44, ahead of the consensus estimate of $0.41. Revenues were up 17 percent to $2.98 billion, also topping the $2.94 billion-consensus estimate. The company's second-quarter...
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Square Finishes 2016 On A Strong Note, Remains A Key Idea In The New Year
Thursday, February 23, 2017 - 11:34am | 330Read More...Square Inc (NYSE: SQ) reported a strong fourth-quarter beat and raised its guidance. Adjacent products contributed ~5 percent of payment volume, while “loan growth and food delivery also topped our expectations, offering early proof of the platform potential,” Pacific Crest’s Josh...
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Square Investors Looking Forward To A Year Of Positive Surprises
Monday, November 14, 2016 - 4:22pm | 271Read More...Pacific Crest has upgraded Square Inc (NYSE: SQ) to Overweight on optimism that the company is set to deliver positive surprises over the next year, driven by payments and opex efficiency. Justification For Rating “Our in-depth work on payments, delivery, and lending leads us to believe that...
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Mixed Messages From LendingClub Q2 Report, Pacific Crest Remains Neutral
Tuesday, August 9, 2016 - 12:18pm | 210Read More...Pacific Crest maintained its Sector Weight rating on LendingClub Corp (NYSE: LC) following the company's mixed results. Lending Club reported second quarter loss of $0.09 a share versus estimates for a loss of $0.02. Sales were $102.4 million versus estimates of $100.51 million. The company...
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Pacific Crest Says Mastercard Has 'Rock-Solid Fundamentals'
Friday, July 29, 2016 - 3:59pm | 262Read More...MasterCard Incorporated (NYSE: MA) reported a top and bottom line beat in its second quarter print on Thursday, prompting Pacific Crest's Josh Beck to describe the company's fundamentals as being "rock-solid." Beck highlighted MasterCard's second quarter as being "...














