Wall Street brokerages expect Payment Data Systems, Inc. (NASDAQ:PYDS) to announce earnings per share of ($0.07) for the current fiscal quarter, according to Zacks Investment Research. Two analysts have made estimates for Payment Data Systems’ earnings. The highest EPS estimate is ($0.06) and the lowest is ($0.08). Payment Data Systems posted earnings per share of ($0.09) during the same quarter last year, which would suggest a positive year over year growth rate of 22.2%. The firm is scheduled to report its next earnings results on Tuesday, August 13th.

On average, analysts expect that Payment Data Systems will report full year earnings of ($0.28) per share for the current financial year, with EPS estimates ranging from ($0.32) to ($0.24). For the next year, analysts expect that the business will post earnings of ($0.30) per share. Zacks’ EPS averages are an average based on a survey of sell-side analysts that that provide coverage for Payment Data Systems.

Payment Data Systems (NASDAQ:PYDS) last released its quarterly earnings results on Wednesday, May 15th. The business services provider reported ($0.09) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.07) by ($0.02). Payment Data Systems had a negative net margin of 14.73% and a negative return on equity of 36.84%. The firm had revenue of $6.59 million for the quarter, compared to the consensus estimate of $6.63 million.

Several equities research analysts recently weighed in on the company. Zacks Investment Research lowered Payment Data Systems from a “hold” rating to a “sell” rating in a research report on Thursday, May 23rd. Dawson James restated a “buy” rating on shares of Payment Data Systems in a research report on Monday, April 8th. Barrington Research set a $5.00 price target on Payment Data Systems and gave the company a “buy” rating in a research report on Tuesday, May 14th. Maxim Group restated a “buy” rating and set a $4.50 price target on shares of Payment Data Systems in a research report on Friday, May 17th. Finally, ValuEngine raised Payment Data Systems from a “hold” rating to a “buy” rating in a report on Wednesday, May 1st. One equities research analyst has rated the stock with a sell rating and four have issued a buy rating to the stock. Payment Data Systems presently has a consensus rating of “Buy” and a consensus price target of $4.08.

A hedge fund recently bought a new stake in Payment Data Systems stock. Mesirow Financial Investment Management Inc. bought a new position in Payment Data Systems, Inc. (NASDAQ:PYDS) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 96,401 shares of the business services provider’s stock, valued at approximately $253,000. Mesirow Financial Investment Management Inc. owned approximately 0.57% of Payment Data Systems at the end of the most recent quarter. 4.83% of the stock is owned by institutional investors.

Shares of NASDAQ PYDS traded up $0.07 during mid-day trading on Monday, hitting $3.26. 400 shares of the stock traded hands, compared to its average volume of 44,051. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.24. Payment Data Systems has a 52 week low of $1.38 and a 52 week high of $3.82. The firm has a market capitalization of $53.97 million, a PE ratio of -10.36 and a beta of 1.51.

About Payment Data Systems

Payment Data Systems, Inc, together with its subsidiaries, provides integrated electronic payment processing services to merchants and businesses in the United States. The company offers various types of automated clearing house (ACH) processing; and credit, prepaid card, and debit card-based processing services.

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Earnings History and Estimates for Payment Data Systems (NASDAQ:PYDS)

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