Higher One Holdings Rating Lowered to Market Perform at William Blair (ONE)
Several other analysts have also recently commented on the stock. Analysts at Goldman Sachs (NYSE: GS) downgraded shares of Higher One Holdings from a “buy” rating to a “neutral” rating in a research note to investors on Thursday, March 29th. Separately, analysts at Sidoti initiated coverage on shares of Higher One Holdings in a research note to investors on Friday, March 9th. They set a “buy” rating on the stock. Finally, analysts at Craig Hallum downgraded shares of Higher One Holdings from a “buy” rating to a “hold” rating in a research note to investors on Wednesday, February 8th.
Shares of Higher One Holdings traded up 1.93% during mid-day trading on Tuesday, hitting $15.33. Higher One Holdings has a one year low of $13.50 and a one year high of $21.50. The company has a market cap of $867.6 million and a P/E ratio of 27.85.
The company last announced its quarterly results on Tuesday, May 1st. It reported $0.23 earnings per share (EPS) for the previous quarter, missing the Thomson Reuters consensus estimate of $0.25 EPS by $0.02. The company’s quarterly revenue was up 12.5% on a year-over-year basis. On average, analysts predict that Higher One Holdings will post $0.13 earnings per share next quarter.
Higher One Holdings, Inc. is a provider of technology and payment services to the higher education industry.