Shares of Priority Technology Holdings (NASDAQ:PRTH) have received a consensus broker rating score of 1.00 (Strong Buy) from the two analysts that provide coverage for the stock, Zacks Investment Research reports. Two research analysts have rated the stock with a strong buy recommendation.
Analysts have set a 12-month consensus price target of $8.00 for the company and are anticipating that the company will post ($0.05) EPS for the current quarter, according to Zacks. Zacks has also assigned Priority Technology an industry rank of 103 out of 255 based on the ratings given to related companies.
Separately, Zacks Investment Research cut shares of Priority Technology from a “buy” rating to a “hold” rating in a research note on Saturday, January 4th.
Shares of PRTH opened at $2.16 on Wednesday. The firm has a fifty day moving average price of $2.81. Priority Technology has a 1 year low of $1.94 and a 1 year high of $8.69.
Priority Technology (NASDAQ:PRTH) last announced its quarterly earnings data on Wednesday, November 13th. The company reported ($0.09) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.12) by $0.03. The firm had revenue of $109.95 million during the quarter, compared to analyst estimates of $109.72 million. Equities research analysts anticipate that Priority Technology will post -0.43 earnings per share for the current fiscal year.
About Priority Technology
Priority Technology Holdings, Inc provides merchant acquiring and commercial payment solutions in the United States. It operates through two segments, Consumer Payments; and Commercial Payments and Managed Services. The company offers MX product suite, including MX ISO/Agent and VIMAS reseller technology systems, and MX Merchant products, which provide resellers and merchant clients a customizable set of business applications that enable to manage critical business work functions and revenue performance.
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