Vantiv (VNTV) Set to Gain as Merchants, Consumers Look for Better Card Security (V) (MA)

Vantiv (NYSE: VNTV) is trading positive today following a positive mention in Barron's last weekend.

According to the report, Vantiv is poised for bigger gains soon as the card transaction service market continues to post solid growth. The company, along with its peers, allows big name issuers like Visa (NYSE: V) and MasterCard (NYSE: MA) to accept payments at stores and online.

More growth is expected to come from new security-enabled cards, which may be touched upon by management during the company's quarterly conference call this week.

Vantiv gets about six cents for each merchant transaction and nine cents for every bank transaction it services. Analysts are looking for FY15 net income to growth 16 percent to $425 million, or about $2.15 per share, while revenue rises 16 percent to $1.6 billion.

At around $35, Vantiv goes for 16 times consensus EPS estimates for the next 12 months. That compares with 24 times for Visa and MasterCard and 17.5 times for Global Payments (NYSE: GPN) and Heartland Payment Systems (NYSE: HPY).

Shares of Vantiv are up 0.7 percent.

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