Points.com (TSE:PTS) Rating Lowered to Hold at Northland Securities

Points.com (TSE:PTS – Get Rating) (NASDAQ:PCOM) was downgraded by equities research analysts at Northland Securities to a “hold” rating in a report issued on Thursday, Marketbeat.com reports. They currently have a C$25.00 price target on the stock. Northland Securities’ price target points to a potential downside of 19.43% from the stock’s previous close.

Other equities analysts also recently issued reports about the company. Cormark dropped their price objective on Points.com from C$29.00 to C$27.00 in a research note on Thursday, March 10th. Barrington Research started coverage on Points.com in a research report on Monday, May 9th. They issued a “sell” rating and a C$22.00 price target for the company.

Shares of TSE:PTS opened at C$31.03 on Thursday. The stock has a market cap of C$463.68 million and a price-to-earnings ratio of -1,034.33. The company has a quick ratio of 1.36, a current ratio of 1.43 and a debt-to-equity ratio of 1.97. The firm’s 50 day moving average price is C$22.63 and its 200 day moving average price is C$21.65. Points.com has a fifty-two week low of C$17.38 and a fifty-two week high of C$32.16.

Points.com (TSE:PTS – Get Rating) (NASDAQ:PCOM) last announced its earnings results on Wednesday, March 9th. The company reported C$0.13 EPS for the quarter, beating analysts’ consensus estimates of C$0.11 by C$0.02. The business had revenue of C$145.12 million during the quarter, compared to analyst estimates of C$146.75 million. On average, equities analysts anticipate that Points.com will post 0.99 EPS for the current year.

About Points.com (Get Rating)

Points.com Inc provides technology solutions to loyalty industry in the United States, Europe, and internationally. It offers Currency Retailing for its members to get more of their currency, whenever they need it; Travel Accrual for its members to book any hotel, car, or activity and earn currency; Everyday Accrual for members to earn currency on day-to-day purchases; Travel Rewards for members to redeem their currency for hotel stays and car rentals; Everyday Rewards for members to redeem their currency for more than travel; and Currency Utility for members to do so much more with currency.

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