How Analysts Feel About Net 1 UEPS Technologies, Inc. (UEPS) After Touching 52 Week Low?

April 25, 2018 - By Maria Brooks

Investors sentiment decreased to 0.98 in Q4 2017. Its down 0.24, from 1.22 in 2017Q3. It dived, as 12 investors sold Net 1 UEPS Technologies, Inc. shares while 28 reduced holdings. 16 funds opened positions while 23 raised stakes. 22.70 million shares or 3.18% more from 22.00 million shares in 2017Q3 were reported.
Grantham Mayo Van Otterloo Ltd Co holds 0.02% in Net 1 UEPS Technologies, Inc. (NASDAQ:UEPS) or 326,581 shares. Hussman Strategic Advisors Inc has invested 0.02% in Net 1 UEPS Technologies, Inc. (NASDAQ:UEPS). Intrepid Mgmt invested 1.21% of its portfolio in Net 1 UEPS Technologies, Inc. (NASDAQ:UEPS). Prescott Grp Inc Capital invested in 2.65% or 1.07 million shares. Lyon Street Cap Llc reported 0.68% in Net 1 UEPS Technologies, Inc. (NASDAQ:UEPS). Moreover, Woodmont Investment Counsel Ltd Llc has 0.32% invested in Net 1 UEPS Technologies, Inc. (NASDAQ:UEPS). Virginia Retirement System Et Al holds 0.02% or 108,100 shares. Royal Bancorporation Of Canada stated it has 0% in Net 1 UEPS Technologies, Inc. (NASDAQ:UEPS). Parallax Volatility Advisers Ltd Partnership holds 0% or 105,250 shares in its portfolio. Bridgeway Mgmt, a Texas-based fund reported 424,000 shares. Gargoyle Invest Advisor Llc has 13,058 shares for 0.06% of their portfolio. State Street Corporation, Massachusetts-based fund reported 139,632 shares. Connor Clark And Lunn Invest Mngmt Ltd has 0.07% invested in Net 1 UEPS Technologies, Inc. (NASDAQ:UEPS) for 1.00 million shares. Credit Suisse Ag stated it has 0% in Net 1 UEPS Technologies, Inc. (NASDAQ:UEPS). Whittier Commerce has invested 0% in Net 1 UEPS Technologies, Inc. (NASDAQ:UEPS).

Since December 12, 2017, it had 5 buys, and 2 insider sales for $1.86 million activity. $653,826 worth of stock was bought by Seabrooke Christopher Stefan on Wednesday, February 28. Another trade for 6,500 shares valued at $71,565 was sold by Pein Alasdair Jonathan Kemsley. Edwards Paul also sold $102,240 worth of Net 1 UEPS Technologies, Inc. (NASDAQ:UEPS) shares.

The stock of Net 1 UEPS Technologies, Inc. (NASDAQ:UEPS) hit a new 52-week low and has $7.84 target or 5.00 % below today’s $8.25 share price. The 6 months bearish chart indicates high risk for the $468.68 million company. The 1-year low was reported on Apr, 25 by Barchart.com. If the $7.84 price target is reached, the company will be worth $23.43 million less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock.

The stock decreased 0.88% or $0.07 during the last trading session, reaching $8.25. About 190,482 shares traded. Net 1 UEPS Technologies, Inc. (NASDAQ:UEPS) has declined 23.19% since April 25, 2017 and is downtrending. It has underperformed by 34.74% the S&P500.

Analysts await Net 1 UEPS Technologies, Inc. (NASDAQ:UEPS) to report earnings on May, 10 after the close. They expect $0.41 EPS, down 2.38 % or $0.01 from last year’s $0.42 per share. UEPS’s profit will be $23.29M for 5.03 P/E if the $0.41 EPS becomes a reality. After $0.38 actual EPS reported by Net 1 UEPS Technologies, Inc. for the previous quarter, Wall Street now forecasts 7.89 % EPS growth.

Net 1 UEPS Technologies, Inc. provides payment solutions, transaction processing services, and financial technologies to various industries in South Africa, South Korea, and internationally. The company has market cap of $468.68 million. The firm develops and markets transaction processing solutions that comprise its smart card alternative payment system for the unbanked and under-banked populations of developing economies, and for mobile transaction channels. It has a 7.94 P/E ratio. It operates through three divisions: South African Transaction Processing, International Transaction Processing, and Financial Inclusion and Applied Technologies.

Net 1 UEPS Technologies, Inc. (NASDAQ:UEPS) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: