Somewhat Favorable News Coverage Somewhat Unlikely to Affect Bottomline Technologies (EPAY) Stock Price
Media coverage about Bottomline Technologies (NASDAQ:EPAY) has trended somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Bottomline Technologies earned a news sentiment score of 0.16 on Accern’s scale. Accern also gave headlines about the technology company an impact score of 45.9284984312562 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the headlines that may have impacted Accern’s scoring:
- Bottomline Technologies, Inc. breached its 50 day moving average in a Bullish Manner : EPAY-US : December 6, 2017 (finance.yahoo.com)
- Pre-market Technical Scan on Business Software & Services … (tmcnet.com)
- Bottomline Technologies, Inc. (EPAY) Given Consensus Recommendation of “Buy” by Brokerages (americanbankingnews.com)
- Bottomline Technologies, Inc. (EPAY) CFO Sells $506,700.00 in Stock (americanbankingnews.com)
- Bottomline Technologies : NACHA Announces Bottomline Technologies as a Preferred Partner for B2B Payments (4-traders.com)
Bottomline Technologies (NASDAQ EPAY) opened at $33.84 on Thursday. Bottomline Technologies has a twelve month low of $21.52 and a twelve month high of $34.89. The stock has a market capitalization of $1,350.94, a PE ratio of 81.39, a P/E/G ratio of 5.79 and a beta of 1.16.
Bottomline Technologies (NASDAQ:EPAY) last released its quarterly earnings results on Thursday, November 2nd. The technology company reported $0.30 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.25 by $0.05. Bottomline Technologies had a positive return on equity of 5.84% and a negative net margin of 7.51%. The business had revenue of $91.30 million during the quarter, compared to analysts’ expectations of $89.70 million. During the same period in the previous year, the business posted $0.22 earnings per share. The firm’s revenue for the quarter was up 9.9% compared to the same quarter last year. equities analysts predict that Bottomline Technologies will post 0.48 EPS for the current fiscal year.
EPAY has been the topic of several recent analyst reports. Zacks Investment Research upgraded shares of Bottomline Technologies from a “hold” rating to a “buy” rating and set a $37.00 target price on the stock in a research note on Wednesday, November 8th. Royal Bank Of Canada restated a “hold” rating and issued a $29.00 target price on shares of Bottomline Technologies in a research note on Monday, September 11th. Needham & Company LLC reaffirmed a “buy” rating and issued a $38.00 price target on shares of Bottomline Technologies in a report on Friday, November 3rd. Finally, Craig Hallum raised Bottomline Technologies from a “hold” rating to a “buy” rating in a report on Friday, August 11th. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Bottomline Technologies currently has an average rating of “Buy” and an average target price of $34.00.
In other Bottomline Technologies news, CFO Richard Douglas Booth sold 15,000 shares of the business’s stock in a transaction dated Tuesday, November 28th. The stock was sold at an average price of $33.78, for a total transaction of $506,700.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider Robert A. Eberle sold 30,907 shares of the business’s stock in a transaction dated Tuesday, November 21st. The stock was sold at an average price of $33.45, for a total value of $1,033,839.15. Following the sale, the insider now directly owns 379,100 shares of the company’s stock, valued at $12,680,895. The disclosure for this sale can be found here. Insiders sold 63,718 shares of company stock valued at $2,136,905 over the last ninety days. 2.40% of the stock is currently owned by company insiders.
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About Bottomline Technologies
Bottomline Technologies (de), Inc is engaged in providing a set of cloud-based business payment, digital banking, fraud prevention, payment and financial document solutions. The Company helps businesses pay and get paid. It offers hosted or Software as a Service (SaaS) solutions, as well as software designed to run on-site at the customer’s location.
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