Five digital payment stocks to explore amid e-commerce boom

August 13, 2021 05:58 PM PDT | By Team Kalkine Media
 Five digital payment stocks to explore amid e-commerce boom
Image source: PopTika, Shutterstock

Highlights

  • Total revenue of Bottomline Technologies Inc. (NASDAQ:EPAY) rose 10% YoY
  • Shares of Fleetcor Technologies Inc. (NYSE:FLT) surged 1.71% in intra-session
  • Q2 revenue of Wex Inc. (WEX) jumped 32% YoY.

Digital payment companies enable users to make payments easily from anywhere and at any time. Consumers make digital payments while purchasing goods or services through various electronic devices.

Let’s look at five digital payments stocks drawing attention in the market.

Bottomline Technologies Inc. (NASDAQ:EPAY)


The stocks of the digital payment firm traded at US$39.38 as of 1:26 pm ET on August 13, up 2.39 percent compared to its closing price on August 12. The stock value of EPAY decreased by 26.22 percent YTD.

The highest and lowest stock price of the firm for 52 weeks is US$55.09 and US$36.05. Its share volume was 425,068 on August 12.

The market capitalization of the company is US$1.78 billion. Its forward P/E one year is 109.89. The earnings per share (EPS) is US$-0.38.

5 Digital Payment Stocks to Eye amid the E Commerce Boom

The total revenue of the New Hampshire-based corporation in Q4 of fiscal 2021 was US$122.1 million, up 10% from its year-ago quarter. Its subscription revenue rose 15% YoY to US$101 million, or 83% of the total revenues. GAAP net loss came in at US$7.3 million or US$0.17 apiece.

Also Read: Airbnb (BNB) revenue up 299%, ContextLogic’s (WISH) losses rise in Q2

Fleetcor Technologies Inc. (NYSE:FLT)The stocks of the workforce payment products provider traded at US$263.43 as of 1:24 pm ET on August 13, up 1.71 percent compared to its closing price on August 12. The stock value of Fleetcor declined 2.61 percent YTD.

The highest and lowest stock price of the firm for 52 weeks is US$295.36 and US$214.88. Its share volume on August 12 was 971,839.

The market capitalization of the company is US$21.71 billion. Its forward P/E one year is 21.04. The earnings per share (EPS) is US$9.08.

On a GAAP basis, the total revenues of the Georgia-based company in Q2 of fiscal 2021 rose 27 percent YoY to US$667.4 million, compared to US$525.1 million in its year-ago quarter. Its GAAP net income surged 24 percent YoY to US$196.2 million, while net income per diluted share came in at US$2.30.

Source: Pixabay
 

Intuit Inc. (NASDAQ:INTU)


The stocks of the financial software provider traded at US$538.43 as of 1:44 pm ET on August 13, up 0.28 percent compared to its closing price on August 12. The stock value of INTU surged 44.45 percent YTD.

The market capitalization of the company is US$147.24 billion. Its forward P/E one year is 73.96. The earnings per share (EPS) is US$7.80.

The highest and lowest stock price of the firm for 52 weeks is US$540.63 and US$295.37. Its share volume was 521,221 on August 12.

The company said that it will report its Q4 earnings result for Q4 2021 on August 24.

However, the total revenue of the California-based corporation in Q3 of fiscal 2021 was US$4.2 billion, compared to US$3 billion in the year-ago quarter. Its operating income surged 35% YoY to US$1.91 billion. The earnings per share came in at US$5.30, up 29% from US$4.11 in Q3 of fiscal 2020.

Also Read: What are Bitcoin debit cards and where all you can use it?

SAP SE (NYSE:SAP)


The stocks of the CRM and digital payment firm traded at US$147.89 as of 1:49 pm ET on August 13, up 0.09 percent compared to its closing price on August 12. The stock value of SAP SE surged 14.43 percent YTD.

The highest and lowest stock price of the firm for 52 weeks is US$169.30 and US$104.64. Its share volume on August 12 was 375,586.

The market capitalization of the company is US$174.41 billion. Its forward P/E one year is 28.91. The earnings per share (EPS) is US$5.92.

The total revenue of the German company in Q2 of fiscal 2021 on a non-IFRS basis was €6.669 billion, down 1% YoY (up 3% at constant currency). On a non-IFRS basis, its cloud revenues surged 11 percent YoY to €2.28 billion, while software licenses and support revenues dropped by 5 percent YoY to €3.47 billion.

Wex Inc (NYSE:WEX)The stocks of the payment processing and information management firm traded at US$175.26 as of 2:08 pm ET on August 13, up 0.14 percent compared to its closing price on August 12. The stock value of SAP SE declined 11.13 percent YTD.

The highest and lowest stock price of the firm for 52 weeks is US$234.64 and US$122.64. Its share volume was 423,228 on August 12.

The market capitalization of the company is US$7.86 billion. Its forward P/E one year is 24.01. The earnings per share (EPS) is US$-7.61.

The total revenue of the Portland, Maine-based company in Q2 increased by 32% YoY to US$459.5 million. Its net income (loss) attributable to stockholders on a GAAP basis decreased by US$106.5 million to a net loss of US$33.9 million or US$0.76 apiece.

Also Read: Five hot cybersecurity stocks on radar amid ransomware threat

Bottomline


Digital payment companies are drawing attention from investors these days. Easy-to-use digital payments have proven beneficial for consumers, especially in the covid period. Thus, digital payment platforms are gaining traction due to ease of transaction they provide. The segment is likely to grow further with increased digitalization across geographies.


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media LLC (Kalkine Media, we or us) and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures/music displayed/used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it, as necessary.


Sponsored Articles


Investing Ideas

Previous Next