BTIG Research raised the price target for the EVO Payments Inc. (NASDAQ:EVOP) stock from “a Buy” to “a Neutral”. The rating was released on August 16, 2022, according to finviz. The research report from Citigroup has upgraded the stock from Neutral to Buy, with a price target set at $28. The stock was upgraded by Northcoast, who disclosed in a research note on December 22, 2021, from Neutral to Buy and set the price objective to $29. In their research brief published March 19, 2021, Compass Point analysts upgraded the EVO Payments Inc. stock from Neutral to Buy with a price target of $35.
The latest trade, Performances and Moving Averages give us the following Picture
The share price of EVO Payments Inc. (NASDAQ:EVOP) dipped 0.00% to close Thursday’s market session at $33.87, lower as compared to yesterday’s close. The stock price fluctuated between $33.78 and $33.91 throughout the trading session with the volume trading being 839296 shares, which represented a significant variation when compared to the three months average volume of 639.97K shares. The firm’s stock price fluctuated 0.12% within the last five trades and -0.06% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price increased 1.71% in the last 6 months and 0.42% was added to its value over the previous 3 months. EVOP stock is trading at a margin of 0.13%, 0.05% and 7.31% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
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As of the close of trading, EVOP deals in the Technology domain. The stock is trading -0.32 percent below its 52-week high and 61.21 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is 35.9. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.
What Does EVO Payments Inc.’s Profitability and Valuation Ratios Tell Us About the Stock?
With regard to the profitability of the company, the operating margin is currently at 12.50 percent and the profit margin is -1.00 percent, and the company has reported a gross margin of 83.60 percent. The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.
The stock’s market cap achieved a total value of $1.77 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The price-to-earnings ratio for EVO Payments Inc. (NASDAQ:EVOP) is 2605.38. The price-to-earnings ratio is a method of assessing corporate values by comparing them to their per-share profit. Forward P/E stands at 23.85. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 3.30 that mirrors the cost to be found for sales by the market.
Is Insider Trading a Real Thing?
Wilson Darren, the PRESIDENT, INTERNATIONAL at EVO Payments Inc. (EVOP) has sold 3,500 shares of firm on Dec 20 at a price of $33.72 against the total amount of $0.12 million. In another inside trade, Wilson Darren, PRESIDENT, INTERNATIONAL of EVO Payments Inc. (NASDAQ:EVOP) sold 3,500 shares of the firm on Nov 21 for a total worth of $0.12 million at a price of $33.66. An inside trade which took place on Oct 20, PRESIDENT, INTERNATIONAL of EVO Payments Inc. Wilson Darren sold 3,500 shares of firm against total price of $0.12 million at the cost of $33.30 per share.