Tuesday, July 3, 2007

HPY Valuation

Points of Interest

This company has three primary points of interest to watch. (I'll list the progress of these when I get to the Quarterly Highlights section.)
1) Merchant base.
2) Merchant processing volumes
3) Operating Margin

Highlights

Form: 10-Q, Filing Date: 5/9/2007
  • Shares (Diluted) 39.971

Form: 10-K, Filing Date: 3/9/2007
  • ...

Share Dilution

Year
Ending
Shares change %
Change
2002
15,642

2003
32,231

2004
33,786

2005
37,879

2006
39,943


Average





Earnings

Quarter
Ending
EPS
TTM EPS
% TTM
Change
2005-MAR 0.08


2005-JUN 0.12


2005-SEP 0.17


2005-DEC 0.14


2006-MAR
0.11


2006-JUN 0.19


2006-SEP 0.25


2006-DEC 0.16


2007-MAR
0.17