Brokerages expect Points International Ltd. (NASDAQ:PCOM – Get Rating) (TSE:PTS) reports earnings per share of $0.06 for the current quarter, according to Zacks Investment Research. Two analysts provided earnings estimates for Points International. The highest EPS estimate is $0.07 and the lowest is $0.04. Points International reported earnings of ($0.08) per share in the same quarter last year, which would indicate a positive growth rate of 175% year over year. The company is expected to release its next quarterly earnings report on Wednesday, May 11.
On average, analysts expect Points International to report annual earnings of $0.30 per share for the current fiscal year, with EPS estimates ranging from $0.16 to $0.44. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side research analysts who track Points International.
PCOM has been the subject of several research analyst reports. StockNews.com began covering shares of Points International in a research report on Thursday. They issued a “hold” rating on the stock. Royal Bank of Canada raised its price target on Points International from $25.00 to $26.00 and gave the company an “outperform” rating in a report on Friday. Finally, Zacks Investment Research upgraded Points International from a “Strong Sell” rating to a “Hold” rating in a Thursday, January 20 report. Two investment analysts gave the stock a hold rating and three gave the company a buy rating. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $22.25.
PCOM was down $0.35 during Friday’s midday session, hitting $16.97. 1,635 shares were traded, against an average volume of 23,633. The company has a 50-day moving average price of $16.51 and a two-hundred-day moving average price of $16.94. The stock has a market capitalization of $253.58 million, a PE ratio of -95.78 and a beta of 1.43. Points International has a 1-year minimum of $13.98 and a 1-year maximum of $19.03.
A hedge fund recently increased its stake in shares of Points International. QV Investors Inc. increased its position in Points International Ltd. (NASDAQ:PCOM – Get Rating) (TSE:PTS) by 0.9% during the third quarter, according to its most recent Form 13F filing with the SEC. The company held 996,966 shares of the information services provider after purchasing an additional 8,774 shares during the period. Points International represents 1.3% of QV Investors Inc.’s holdings, making the stock its 26th largest position. QV Investors Inc. owned approximately 6.67% of Points International worth $17,054,000 at the end of the most recent quarter. Institutional investors and hedge funds hold 55.36% of the company’s shares.
About Points International (Get a rating)
Points.com, Inc is committed to providing e-commerce and technology solutions. It operates through the following segments: Loyalty Currency Retailing, Platform Partners and Points Travel. The Loyalty Currency Retailing segment offers products and services designed to help loyalty program members unlock the value of loyalty currency and accelerate time to reward.
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