In a report released today, Gary Prestopino from Barrington maintained a Buy rating on Bottomline Technologies (EPAY). The company’s shares closed on Friday at $67.30, close to its 52-week high of $74.05.
Prestopino wrote:
“We are estimating Q1/19 revenue of $99.9 million, adjusted EBITDA of $23.9 million and core EPS of $0.33. Consensus expectations call for revenue of $99.9 million, adjusted EBITDA of $24 million and core EPS of $0.33.”
According to TipRanks.com, Prestopino is a 3-star analyst with an average return of 1.9% and a 42.7% success rate. Prestopino covers the Services sector, focusing on stocks such as Kar Auction Services Inc, US Auto Parts Network, and Ritchie Bros.
Bottomline Technologies has an analyst consensus of Moderate Buy, with a price target consensus of $63.40.
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The company has a one-year high of $74.05 and a one-year low of $32. Currently, Bottomline Technologies has an average volume of 376.5K.
Based on the recent corporate insider activity of 106 insiders, corporate insider sentiment is negative on the stock.
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Bottomline Technologies, Inc. engages in the provision of cloud-based digital banking, fraud prevention, payment, financial document, insurance, and healthcare solutions. It operates through the following segments: Cloud Solutions, Banking Solutions, Payments and Transactional Documents, and Other.
