Heartland Payment Systems Reaches New 52-Week High (HPY)

Heartland Payment Systems (NYSE:HPY) hit a new 52-week high Monday as it is currently trading at $27.94, above its previous 52-week high of $27.93 with 25,045 shares traded as of 9:39 a.m. ET. Average volume has been 280,300 shares over the past 30 days.
By TheStreet Wire ,

NEW YORK (

TheStreet

) --

Heartland Payment Systems

(NYSE:

HPY

) hit a new 52-week high Monday as it is currently trading at $27.94, above its previous 52-week high of $27.93 with 25,045 shares traded as of 9:39 a.m. ET. Average volume has been 280,300 shares over the past 30 days.

Heartland Payment Systems has a market cap of $968.8 million and is part of the

services

sector and

diversified services

industry. Shares are up 13.1% year to date as of the close of trading on Friday.

Heartland Payment Systems, Inc. provides bankcard payment processing services in the United States and Canada. The company has a P/E ratio of 21.5, below the average diversified services industry P/E ratio of 24.8 and above the S&P 500 P/E ratio of 17.7.

  • Sign up for TheStreet's FREE Dividend and Income Investor Newsletter

TheStreet Ratings rates Heartland Payment Systems as a

buy

. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, good cash flow from operations, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full

Heartland Payment Systems Ratings Report

.

See all

52-week high stocks

or get investment ideas from our

investment research center

.

null

Loading ...