Is Buying All-time Stock Like Worldpay, Inc. (WP) a Winning Strategy?

March 14, 2018 - By Stephen Andrade

The stock of Worldpay, Inc. (NYSE:WP) reached all time high today, Mar, 14 and still has $89.22 target or 5.00 % above today’s $84.97 share price. This indicates more upside for the $26.78B company. This technical setup was reported by If the $89.22 PT is reached, the company will be worth $1.34 billion more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events.

The stock decreased 0.07% or $0.06 during the last trading session, reaching $84.97. About 2.08 million shares traded. Worldpay, Inc. (NYSE:WP) has 0.00% since March 14, 2017 and is . It has underperformed by 16.70% the S&P500.

Analysts await Worldpay, Inc. (NYSE:WP) to report earnings on April, 25. They expect $0.75 earnings per share, up 19.05 % or $0.12 from last year’s $0.63 per share. WP’s profit will be $236.33 million for 28.32 P/E if the $0.75 EPS becomes a reality. After $0.90 actual earnings per share reported by Worldpay, Inc. for the previous quarter, Wall Street now forecasts -16.67 % negative EPS growth.

More notable recent Worldpay, Inc. (NYSE:WP) news were published by: which released: “Worldpay Reports Fourth Quarter and Full-Year 2017 Results” on February 28, 2018, also with their article: “Worldpay, Inc. to Announce Fourth Quarter and Full-Year 2017 Financial Results …” published on February 12, 2018, published: “Worldpay launches DataEdge for Financial Institutions” on February 22, 2018. More interesting news about Worldpay, Inc. (NYSE:WP) were released by: and their article: “Another big Cincinnati company gives raises, bonuses following tax reform” published on March 05, 2018 as well as‘s news article titled: “Worldpay’s CFO, Stephanie Ferris, Recognized as One of the Most Influential …” with publication date: March 14, 2018.

Worldpay, Inc., through its subsidiary Vantiv Holding, LLC, provides electronic payment processing services to merchants and financial institutions in the United States. The company has market cap of $26.78 billion. It operates in two divisions, Merchant Services and Financial Institution Services. It has a 106.21 P/E ratio. The Merchant Services segment offers merchant acquiring and payment processing services, such as authorization and settlement, customer service, chargeback and retrieval processing, and interchange management to merchants, and regional and small-to-mid sized businesses.

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