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Last $60.31 USD
Change Today +0.62 / 1.04%
Volume 208.0K
HPY On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

heartland payment systems in (HPY) Snapshot

Open
$59.51
Previous Close
$59.69
Day High
$60.59
Day Low
$59.50
52 Week High
08/5/15 - $65.30
52 Week Low
09/29/14 - $46.49
Market Cap
2.2B
Average Volume 10 Days
309.1K
EPS TTM
$1.91
Shares Outstanding
36.8M
EX-Date
08/21/15
P/E TM
31.6x
Dividend
$0.40
Dividend Yield
0.64%
Current Stock Chart for HEARTLAND PAYMENT SYSTEMS IN (HPY)

heartland payment systems in (HPY) Related Businessweek News

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heartland payment systems in (HPY) Details

Heartland Payment Systems, Inc. provides payment processing services in the United States. It offers end-to-end electronic payment processing services to merchants by facilitating the exchange of information and funds between them and cardholders financial institutions; and undertakes merchant set-up and training, transaction authorization and electronic draft capture, clearing and settlement, merchant accounting, merchant assistance and support, and risk management services. The company also sells and rents point-of-sale devices. It also offers various solutions to support administrative services for higher education, such as student loan payment processing, delinquency and default services, refund management, tuition payment plans, electronic billing and payment, tax document services, and business outsourcing services, as well as open- and closed-loop payment solutions to colleges and universities. In addition, the company provides cafeteria POS solutions to schools; online prepayment solutions to allow parents to fund accounts for school lunches or other on-campus activities; value-added products and services; and back-office management software, hardware, annual technical support, and training. Further, it offers payroll processing services comprising check printing, direct deposit, and related federal, state, and local tax deposits; and time clock sales and integrations, accounting documentation, and human resources information. Additionally, the company offers unattended online wireless credit card-based payment systems, and unattended value top-up systems for off-line closed-loop smart card based payment systems; loyalty and gift cards; and POS solutions, payment processing capabilities, and other business service applications to hospitality and retail industries. It markets its card payment processing services directly to small and mid-sized merchants and network services merchants. The company was incorporated in 2000 and is based in Princeton, New Jersey.

3,734 Employees
Last Reported Date: 03/2/15
Founded in 2000

heartland payment systems in (HPY) Top Compensated Officers

Executive Chairman and Chief Executive Office...
Total Annual Compensation: $789.2K
Chief Financial Officer
Total Annual Compensation: $446.7K
President of Hospitality Group
Total Annual Compensation: $496.6K
President of Strategic Markets Group
Total Annual Compensation: $400.0K
Vice Chairman
Total Annual Compensation: $474.6K
Compensation as of Fiscal Year 2014.

heartland payment systems in (HPY) Key Developments

Heartland Payment Systems and Digital Dining to Offer EMV-Ready, Secure POS Solution for Restaurants

Heartland Payment Systems announced Digital Dining is certified by Heartland and together they are now offering an EMV-ready and Heartland Secure™ out-of-scope, point-of-sale (POS) solution to restaurants operating in the United States. As restaurants prepare for the Oct. 1 EMV liability shift, when all financial liability for counterfeit, lost and stolen card transactions shifts to the party who is not EMV compliant, they are realizing EMV alone is not enough to protect their businesses from card data being stolen as a result of a breach. Heartland Secure, which combines three powerful technologies - EMV, Heartlandend-to-end encryption and tokenization - is used by more than 50,575 restaurants and retailers. Heartland Secure provides restaurants with the high level of protection for card-present EMV and magnetic stripe transactions. Although EMV compliance is not a government or card brand mandate, it is up to the restaurant to implement EMV-compliant terminals. Restaurateurs that decide to implement EMV technology will expose their business to fewer disputes over counterfeit, lost and stolen fraud while boosting consumer confidence. The Heartland Secure out-of-scope solution takes the POS system completely out of the payment authorization process and PA-DSS scope, resulting in no cardholder data ever sent to the POS. POS companies, such as Digital Dining, that interface with Heartland’s out-of-scope solution do not need to code to certify for EMV, which gets them to market faster and at significantly lower costs.

Heartland Payment Systems and VersaPay Help Merchants Move to Electronic Invoicing

Heartland Payment Systems and VersaPay Corporation announced they are collaborating to help merchants improve their accounts receivable through a cloud-based software solution utilizing the Heartland Portico™ Gateway and VersaPay ARC® platform. Heartland and VersaPay helped McDonough's Sewer Service, owner of unclogdrains.com, reduce the time it takes to invoice and collect payment for their services for residential and commercial clients in the twin cities of Minneapolis and St. Paul, Minn. and surrounding areas. McDonough's Sewer Service has provided a variety of services for more than 20 years including drain cleaning, water jetting, industrial vacuuming, sewer video inspection, de-watering, hydro-excavating/potholing, ceiling and structure cleaning, high-pressure washing, production line cleaning and manufacturing facility cleaning. Fewer lost or missing invoices, quicker approval cycles, a reduction in labor/processing costs and increased on-time payments are reasons cited by merchants for moving their accounts payable system to an electronic invoicing and payment solution, according to the "2014 eInvoicing Benchmark Report" by PayStream Advisors. With the Heartland Portico Gateway, merchants can use their Internet-enabled device to quickly and securely process credit, debit and prepaid commercial card transactions by manually keying in cardholder information or adding an end-to-end encryption personal identification number (PIN) pad that will encrypt all card information as it is swiped and key-entered. Heartland Portico Gateway provides an inexpensive way for merchants to accept payments and replaces stand-alone payment terminals that require dedicated phone lines. The Heartland Portico Gateway can also be used to process card-present and card-not-present transactions. VersaPay ARC is a highly secure, cloud-based accounts receivable solution that helps businesses eliminate costs, make customers happy and get paid faster. With VersaPay ARC businesses can: Seamlessly connect to their enterprise resource planning (ERP) systems; Publish invoices and supporting documents in a secure portal; Collaborate with customers on discrepancies and questions; Send customized reminders and notifications; Match payments to invoices; Accept payments, such as automated clearing house, electronic funds transfer and debit/credit card; Track key business metrics; and automatically reconcile back to their accounting and ERP systems.

Heartland Payment Systems, Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Earnings Guidance for the Year 2015

Heartland Payment Systems, Inc. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported total revenues of $675,692,000 against $582,859,000 a year ago. Income from operations was $38,428,000 against $29,931,000 a year ago. Income before income taxes was $34,246,000 against $29,123,000 a year ago. Net income attributable to the company was $20,906,000 or $0.56 per diluted share against $17,452,000 or $0.48 per diluted share a year ago. Income from operations was $38,428,000 compared to $29,931,000 a year ago. Non-GAAP income from operations was $48,625,000 against $36,235,000 a year ago. Adjusted Non-GAAP net income attributable to company was $27,114,000 or $0.72 per diluted share compared to $21,039,000 or $0.58 per diluted share a year ago. Capital expenditures in the quarter were $13.2 million. Strong second quarter performance was driven by accelerating growth across a wide range of key operating metrics. For the six months, the company reported total revenues of $1,278,151,000 against $1,106,142,000 a year ago. Income from operations was $68,190,000 against $56,293,000 a year ago. Income before income taxes was $60,412,000 against $54,335,000 a year ago. Net income attributable to the company was $38,144,000 or $1.03 per diluted share against $33,192,000 or $0.89 per diluted share a year ago. Net cash provided by operating activities was $77,332,000 compared to $34,222,000 a year ago. Capital expenditures were $29,157,000 compared to $25,952,000 a year ago. Income from operations was $68,190,000 compared to $56,293,000 a year ago. Non-GAAP income from operations was $87,998,000 against $68,745,000 a year ago. Adjusted Non-GAAP net income attributable to company was $50,224,000 or $1.36 per diluted share compared to $40,575,000 or $1.09 per diluted share a year ago. For full year 2015, the company expects net revenue to grow 18% to 20%, to between approximately $795 million and $805 million, and adjusted EPS to be in the range of $2.82- $2.87. Guidance assumes after-tax share-based compensation and acquisition-related amortization expenses reduce earnings per share by $0.66 for the year and an approximate 39% tax rate.

 

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HPY

Industry Average

Valuation HPY Industry Range
Price/Earnings 57.7x
Price/Sales 0.9x
Price/Book 7.6x
Price/Cash Flow 28.1x
TEV/Sales 0.6x
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