Wirecard is engaged in the business of global payment processing, risk management and payment acceptance, as well as card issuing. Co. operates in three segments: Payment Processing & Risk Management, which comprises of products and service for the acceptance or implementation and the downstream processing of electronic payments and the associated processes; Acquiring & Issuing, which includes acceptance (acquiring) and issuing credit cards and prepaid cards, as well as account and payment transaction services; and Call Center & Communication Services, which comprises all of the products and services that address the call centre assisted support of corporate and private customers.
  • Ticker747206
  • ISINDE0007472060
  • SectorSupport Services
  • CountryGermany

Analysts

Matthieu Lavillunière ...
  • Thibault Morel

INVEST SECURITIES - WIRECARD (ACHAT, OC 194€ vs 180€) : Amélioration du momentum enclenchée

Matthieu Lavillunière ...
  • Thibault Morel

INVEST SECURITIES - WIRECARD (ACHAT, OC 194€ vs 180€) : Amélioration du momentum enclenchée

Emmanuel Matot ...
  • Stephane Houri

Wirecard AG : Strong H1 results, FY 2019 EBITDA guidance and 2020 vision slightly raised – Buy maintained

>Q2 2019 sales and EPS above expectations, very strong ‘new signings’ again - Q2 2019 sales reached € 643m, up 37.4% y-o-y vs consensus of € 630m. H1 2019 sales were therefore up 36.7% of which +34.6% organic, signifying that organic growth accelerated in Q2 2019 after 32.8% in Q1. Transaction volumes processed through the Wirecard platform in H1 2019 grew 37.5% (32.9% organic), after 37.4% in Q1 2019 (of which +32.9% organic) to € 7.3bn. This means that volume transa...

Emmanuel Matot ...
  • Stephane Houri

Wirecard AG : Strong H1 results, FY 2019 EBITDA guidance and 2020 vision slightly raised – Buy maintained

>Q2 2019 sales and EPS above expectations, very strong ‘new signings’ again - Q2 2019 sales reached € 643m, up 37.4% y-o-y vs consensus of € 630m. H1 2019 sales were therefore up 36.7% of which +34.6% organic, signifying that organic growth accelerated in Q2 2019 after 32.8% in Q1. Transaction volumes processed through the Wirecard platform in H1 2019 grew 37.5% (32.9% organic), after 37.4% in Q1 2019 (of which +32.9% organic) to € 7.3bn. This means that volume transa...

Emmanuel Matot ...
  • Stephane Houri

Wirecard AG : Convaincant autant sur le business que ‘les affaires’ - Le titre est en retard par rapport aux pairs - Opinion Achat réitérée

>Ce 1er roadshow à Paris depuis le début des ‘affaires’ devrait permettre selon nous de prolonger la séquence de communication positive - Nous avons organisé un roadshow Wirecard, le 1er à Paris pour le groupe depuis le début des ‘affaires’, avec Alexander Van Knoop (CFO) et Iris Stoeckl (Head of IR). Nous en ressortons avec une opinion positive renforcée sur la capacité du groupe à 1/ prolonger sa dynamique de croissance actuelle et 2/ répondre de façon convaincante...

Emmanuel Matot ...
  • Stephane Houri

ODDO : Une hiérarchie de valeurs claire, dans un secteur où la croissance est là pour longtemps…

Dans cette note, nous revenons sur les raisons de la croissance rapide du secteur des paiements. En Bourse, il surperforme nettement le secteur de la technologie sur longue période et nous ne voyons aucune raison pour que cela s’arrête. Dans ce cadre, nous proposons une hiérarchie claire sur les valeurs européennes. Nous réitérons nos préférences (Achat) pour Worldline et Wirecard, maintenons notre opinion Neutre sur Ingenico et initions Adyen à Alléger. - >Un secteur che...

Emmanuel Matot ...
  • Jean Sassus
  • Khaled Ben Amor
  • Louis Boujard
  • Philippe Ourpatian
  • Pierre Tegner
  • Roland Pfaender
  • Samantha Jeary
  • Stephane Houri
  • Steven Gould
  • Virginie Rousseau

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 08/07/2019

...

Emmanuel Matot ...
  • Jean Sassus
  • Khaled Ben Amor
  • Louis Boujard
  • Philippe Ourpatian
  • Pierre Tegner
  • Roland Pfaender
  • Samantha Jeary
  • Stephane Houri
  • Steven Gould
  • Virginie Rousseau

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 07/08/2019

...

Ahmed Ben Salem ...
  • Benoit Valleaux
  • Bruno Cavalier
  • Charles Lepetitpas
  • Emmanuel Matot
  • François Maury
  • Georges Dieng
  • Jean Sassus
  • Johanna Jourdain
  • Louis Boujard
  • Martial Descoutures
  • Matthias Desmarais
  • Nicolas David
  • Olfa Taamallah
  • Philippe Ourpatian
  • Pierre Corby
  • Salma Bouraoui
  • Stephane Houri
  • Steven Gould
  • Sven Edelfelt
  • Virginie Rousseau
  • Yan Derocles
  • Yassine Batini

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 07/29/2019

...

WIRECARD AG sees a downgrade to Slightly Negative on account of less fundamental stars

The independent financial analyst theScreener just lowered the general evaluation of WIRECARD AG (DE), active in the Business Support Services industry. As regards its fundamental valuation, the title now shows 3 out of 4 stars while market behaviour can be considered risky. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Slightly Negative. As of the analysis date June 25, 2019, the closing price was EUR 148.75 and its target price was estimated at EUR 88.82.

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