The analyst firm raised its fiscal 2015 EPS estimates for the business services company to $2.15 a share from $2.14 a share. Pacific Crest also raised its fiscal 2016 EPS estimates for Vantiv to $2.44 a share from $2.41 a share.
"According to our estimates, same-store-sales (SSS) trends in Vantiv's key large retail verticals (supermarket, retail, drug, restaurants) have improved roughly 100 basis points since the beginning of the year, despite tougher comparisons," analyst Josh Beck wrote. "After accounting for the secular transition to digital payments, which is not reflected in retailer SSS metrics, we estimate out-year growth at tier-1 customer could be closer to 6% vs. our previous estimate of 5%."
Separately, TheStreet Ratings team rates VANTIV INC as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:
"We rate VANTIV INC (VNTV) a BUY. This is driven by a few notable strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity."