Home / Street Sector / Active Stocks’ Revenge with Bears- Global Payments (NYSE:GPN), Accenture (NYSE:ACN), Patterson-UTI Energy (NASDAQ:PTEN)

Active Stocks’ Revenge with Bears- Global Payments (NYSE:GPN), Accenture (NYSE:ACN), Patterson-UTI Energy (NASDAQ:PTEN)

Global Payments Inc. (NYSE:GPN) jumped up 1.75% during the previous trading session as the firm held price to earnings ratio of 37.12. Global Payments Inc. (GPN) on Wednesday reported fiscal first-quarter net income of $85.1 million. The Atlanta-based firm stated it had profit of 55 cents per share. Earnings, adjusted for non-recurring costs, came to 86 cents per share. The results exceeded Wall Street expectations.

The average estimate of 17 analysts surveyed by Zacks Investment Research was for earnings of 83 cents per share. The electronics payment processing firm posted income of $817.3 million in the period, which also beat Street forecasts. Eleven analysts surveyed by Zacks predictable $812.4 million. Global Payments expects full-year earnings in the range of $3.45 to $3.55 per share, with income in the range of $3.2 billion to $3.3 billion.

Can investors take a chance on buying GPN this week? Find Inside Facts Here

Accenture plc (NYSE:ACN) keeps its position active in street, shares closed at $117.82 with decreases of -0.36%. Accenture to takeover Defense Point Security; terms not revealed (ACN). Defense Point Security is a privately held cybersecurity firm that supports the U.S. federal government with advanced cyber defense and response capabilities-comprising advanced Security Operations Center expertise, cyber operations, security engineering, and cyber analytics. The firm has yearly sales growth for the past five year of 4.90%. While past twelve months price to sales ratio recorded as 2.24.

Should investors bet on Accenture plc following this recent trend? Find Out Here Totally Free

Patterson-UTI Energy Inc. (NASDAQ:PTEN) an ascending 2.59% to $22.20 with traded session volume was 817490. Patterson-UTI reports for the month of September 2016, the co had an average of 62 drilling rigs operating in the U.s.and two rigs in Canada (PTEN). For the three months ended September 30, 2016, the Firm had an average of 60 drilling rigs operating in the U.s.and two rigs in Canada. As concerns of stock price volatility, it was 5.89% for a week and 4.23% for a month.

Can Patterson-UTI Energy Inc. becomes the newest Buy stock following this news? Get Your Free Report Here


About Blake Escott

Blake Escott holds junior writer position in SWR. Before joining Streetwise Report, he was a freelance content Writer. He has high-level copywriting experience and particularly experienced in proofreading and editing. He covers news about different companies including all US market sectors. Interests: Commodities, Energy stocks, Sector-wise Stocks analysis, Utilities

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