Report
Jim Sinegal
EUR 101.80 For Business Accounts Only

Vantiv's integrated payment solutions have given it a leg up on competitors.

Narrow-moat Vantiv’s first-quarter results were affected by $38 million in litigation costs and a 14% increase in sales and marketing costs as distribution partners increased their take of the company’s revenue. We expect the company to trade off a portion of processing economics for growth over time and are therefore maintaining our $62 fair value estimate.
Also, Vantiv announced the acquisition of Paymetric, an enabler of business-to-business card payments. Terms for the transaction were not d...
Underlying
Vantiv Inc

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Jim Sinegal

Other Reports on these Companies
Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch