Contrasting Planet Payment (PLPM) and CardConnect Corp (CCN)

CardConnect Corp (NASDAQ: CCN) and Planet Payment (NASDAQ:PLPM) are both industrials companies, but which is the better business? We will contrast the two businesses based on the strength of their valuation, earnings, profitability, dividends, analyst recommendations, risk and institutional ownership.

Profitability

This table compares CardConnect Corp and Planet Payment’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
CardConnect Corp -1.00% N/A -3.75%
Planet Payment 48.14% 25.86% 16.37%

Institutional and Insider Ownership

31.6% of CardConnect Corp shares are owned by institutional investors. Comparatively, 54.0% of Planet Payment shares are owned by institutional investors. 48.3% of CardConnect Corp shares are owned by company insiders. Comparatively, 20.2% of Planet Payment shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Earnings and Valuation

This table compares CardConnect Corp and Planet Payment’s revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio EBITDA Earnings Per Share Price/Earnings Ratio
CardConnect Corp N/A N/A N/A N/A N/A
Planet Payment $52.79 million 3.68 $12.12 million $0.47 8.40

Planet Payment has higher revenue and earnings than CardConnect Corp.

Analyst Ratings

This is a summary of recent ratings and recommmendations for CardConnect Corp and Planet Payment, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
CardConnect Corp 0 2 4 0 2.67
Planet Payment 0 0 1 0 3.00

CardConnect Corp presently has a consensus price target of $16.00, indicating a potential upside of 6.31%. Given CardConnect Corp’s higher probable upside, analysts plainly believe CardConnect Corp is more favorable than Planet Payment.

Summary

Planet Payment beats CardConnect Corp on 6 of the 9 factors compared between the two stocks.

About CardConnect Corp

CardConnect Corp., formerly FinTech Acquisition Corp., is a holding company. The Company holds interests in CardConnect, LLC. The Company is a provider of payment processing solutions to merchants throughout the United States. The Company’s segments include Merchant Acquiring Services and Other. The Company’s platform allows it to provide payment solutions, customer support and tools for its distribution partners and merchants. Its solutions and services enable distribution partners to manage their business and for merchants to securely accept electronic payments. Its Merchant Acquiring services business involves providing end-to-end electronic payment processing services to merchants by facilitating the exchange of information and funds between them and cardholders’ financial institutions. It undertakes or facilitates through third parties, merchant set-up and training, transaction authorization, settlement, merchant funding, merchant assistance and support, and risk management.

About Planet Payment

Planet Payment, Inc. is a provider of international payment and transaction processing and multi-currency processing services. The Company operates through two segments: multi-currency processing services and payment processing services. Its multi-currency processing services segment includes Pay In Your Currency, Multi-Currency Pricing and Dynamic Currency Conversion at automated teller machines, enable merchants to offer customized pricing in multiple currencies. Its payment processing services consist of end-to-end authorization, capture, clearing and settlement services to its customers along with localized language support and online access to reconciliation, reporting and analytics services. It provides its services to approximately 118,000 active merchant locations in over 20 countries and territories across the Asia Pacific region, the Americas, the Middle East, Africa and Europe, primarily through its acquiring bank and processor customers.

Receive News & Ratings for CardConnect Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CardConnect Corp and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply