USA Technologies Inc (NASDAQ:USAT) Sentiment Increased, Because

June 18, 2018 - By Migdalia James

USA Technologies, Inc. (NASDAQ:USAT) Logo

Sentiment for USA Technologies Inc (NASDAQ:USAT)

USA Technologies Inc (NASDAQ:USAT) institutional sentiment increased to 1.44 in Q1 2018. Its up 0.28, from 1.16 in 2017Q4. The ratio is positive, as 52 active investment managers started new or increased equity positions, while 36 reduced and sold their stakes in USA Technologies Inc. The active investment managers in our partner’s database now have: 32.20 million shares, up from 27.52 million shares in 2017Q4. Also, the number of active investment managers holding USA Technologies Inc in their top 10 equity positions increased from 3 to 5 for an increase of 2. Sold All: 13 Reduced: 23 Increased: 36 New Position: 16.

USA Technologies, Inc. provides wireless networking, cashless transactions, asset monitoring, and other value-added services in the United States and internationally. The company has market cap of $814.52 million. It creates and markets systems and solutions that facilitate electronic payment options, as well as telemetry and machine-to-machine services. It currently has negative earnings. The company's ePort Connect solution offers various POS options, card processing, wireless connectivity, customer/consumer, online sales reporting, M2M telemetry and DEX data transfer, over-the-air update capabilities, deployment planning, and value-added services, as well as planning, project management, installation support, marketing, and performance evaluation services.

The stock decreased 0.18% or $0.02 during the last trading session, reaching $13.58. About 119,107 shares traded. USA Technologies, Inc. (NASDAQ:USAT) has risen 181.25% since June 18, 2017 and is uptrending. It has outperformed by 168.68% the S&P500.

Analysts await USA Technologies, Inc. (NASDAQ:USAT) to report earnings on August, 28. They expect $0.02 earnings per share, up 100.00 % or $0.01 from last year’s $0.01 per share. USAT’s profit will be $1.20M for 169.75 P/E if the $0.02 EPS becomes a reality. After $0.04 actual earnings per share reported by USA Technologies, Inc. for the previous quarter, Wall Street now forecasts -50.00 % negative EPS growth.

G2 Investment Partners Management Llc holds 9.4% of its portfolio in USA Technologies, Inc. for 2.66 million shares. Foundation Capital Llc owns 1.03 million shares or 5.2% of their US portfolio. Moreover, 1492 Capital Management Llc has 2.99% invested in the company for 432,726 shares. The Pennsylvania-based Millrace Asset Group Inc. has invested 2.84% in the stock. Rk Capital Management Llc, a Colorado-based fund reported 1.32 million shares.

USA Technologies, Inc. (NASDAQ:USAT) Ratings Coverage

Ratings analysis reveals 100% of USA Technologies’s analysts are positive. Out of 2 Wall Street analysts rating USA Technologies, 2 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $11 while the high is $1700. The stock’s average target of $17 is 25.18% above today’s ($13.58) share price. USAT was included in 4 notes of analysts from March 23, 2018. The company was maintained on Tuesday, April 3 by Barrington. Lake Street maintained the stock with “Buy” rating in Wednesday, June 13 report.

More news for USA Technologies, Inc. (NASDAQ:USAT) were recently published by:, which released: “KBW Announces Index Rebalancing for Second-Quarter 2018” on June 09, 2018.‘s article titled: “Global Developments Are Leading To A Greater Reliance On Mobile Transactions” and published on June 13, 2018 is yet another important article.

USA Technologies, Inc. (NASDAQ:USAT) Institutional Positions Chart

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