USA Technologies, Inc. (USAT): Finding A Signal Amidst The Noise

Wall Street analysts will be watching closely when USA Technologies, Inc. (NASDAQ:USAT) reports its quarterly earnings next, which is scheduled for Thu 14 Feb (In 2 Days). Looking at the latest analyst forecasts, the current earnings-per-share (EPS) consensus estimate is sitting at $0.05 per share. In the preceding quarter, the company reportedly generated EPS of $0.04 per share of its common stock. Looking at profitability indicators, this organization has an operating margin of -3.00%, a profit margin of -9.40% and a gross margin of 28.00%.

Speaking of Wall Street analysts, a number of market experts at top investment banks have recently posted their updated ratings on shares of USA Technologies, Inc. (NASDAQ:USAT). Most recently, on February 11th, 2019, Lake Street Downgrade a Hold rating. Before that, on February 7th, 2019, Northland Capital Downgrade to Market Perform. Lake Street Initiated a Buy rating on April 3rd, 2018, William Blair Initiated an Outperform rating on August 24th, 2017, and Northland Capital Reiterated a Outperform rating on November 16th, 2015.

At its current price point, combined with the fact that this company has 53.68M shares outstanding, the current market capitalization sits at 192.71M. In the last trading day, 3,367,450 shares of USA Technologies, Inc. were traded, which compares to its usual volume of about 1.45M shares per day of trading.

If we compare this company’s current price to its recent pricing activity, we can see that the price has changed by -$3.26 in the past five trading days, resulting in a percentage change of -47.59% and a moving average of 4.27. In the past 20 days, its price changed by -$2.32 (which is -39.26%) and the stock’s moving average was 5.31. Looking back a full 50 days, shares of USAT changed by -$1.45 (which is -28.77%) and demonstrated a moving average of 4.66.

Staying in the same analytical area, this company’s stock has demonstrated a 9-day Stochastic %K score of 12.65%, a 14-day Stochastic %K score of 12.65% and a 20-day Stochastic %K score of 12.65%. Using a similar metric, USA Technologies, Inc. (USAT) shares showed a Stochastic %D of 19.71% over the past 9 days, a Stochastic %D score of 19.81% over the last 14 days, and a 20-day Stochastic %D of 19.96%. Meanwhile, this stock’s MACD Oscillator was -1.51 over the past 9 days, -1.63 over the past two weeks, and -1.62 in the last 20 days.

As recent trading data suggests, this company’s shares have been hovering close to the $3.59 level. Over the past 12 months, this stock has experienced a high price of $16.83 and a low of $3.19. Top market experts pay heightened attention to a stock as it is getting closer to a notable historic high price or low price.

BlackRock Fund Advisors purchased more shares of this company during the last fiscal quarter, as we can observe in the latest corresponding filing from USA Technologies, Inc. (NASDAQ:USAT) with the Securities and Exchange Commission (SEC). This specific major shareholder, at the end of the quarter, held 3,572,969 shares of the company’s stock following the addition of 119,535 to this investor’s holdings during the three-month period. This share count represents that BlackRock Fund Advisors now held 6.05% stake in USA Technologies, Inc. (USAT)’s shares.

Just in the most recent trading day, USA Technologies, Inc. (NASDAQ:USAT) experienced a high price of $3.83 and low point of $3.52. At the end of the last trading session, this stock was at 3.59 per share, following a gain of $0.01, or -2.71% during the full day.