CPI Card Group (NASDAQ:PMTS - Get Free Report) is scheduled to announce its earnings results before the market opens on Tuesday, May 7th. Analysts expect the company to announce earnings of $0.33 per share for the quarter. Investors that are interested in registering for the company's conference call can do so using this link.
CPI Card Group (NASDAQ:PMTS - Get Free Report) last issued its quarterly earnings results on Thursday, March 7th. The company reported $0.32 EPS for the quarter, beating analysts' consensus estimates of $0.30 by $0.02. The firm had revenue of $102.87 million during the quarter, compared to the consensus estimate of $104.70 million. CPI Card Group had a negative return on equity of 39.59% and a net margin of 5.40%. During the same quarter in the prior year, the business posted $1.06 earnings per share. On average, analysts expect CPI Card Group to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.
CPI Card Group Price Performance
PMTS traded down $1.00 on Tuesday, reaching $17.25. The company's stock had a trading volume of 17,949 shares, compared to its average volume of 21,597. The stock has a market cap of $196.65 million, a price-to-earnings ratio of 8.81 and a beta of 0.94. CPI Card Group has a 1 year low of $12.65 and a 1 year high of $43.64. The business's 50 day moving average is $17.85 and its 200 day moving average is $17.68.
Analyst Ratings Changes
A number of research firms have commented on PMTS. Roth Capital reaffirmed a "buy" rating on shares of CPI Card Group in a report on Friday, February 23rd. Roth Mkm initiated coverage on CPI Card Group in a research report on Friday, February 23rd. They issued a "buy" rating and a $40.00 price target for the company. Four investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company has an average rating of "Buy" and an average price target of $35.50.
View Our Latest Analysis on CPI Card Group
Insider Buying and Selling
In related news, major shareholder Equity Ulc Parallel49 sold 244,314 shares of the stock in a transaction that occurred on Friday, April 5th. The stock was sold at an average price of $18.03, for a total transaction of $4,404,981.42. Following the sale, the insider now directly owns 6,314,511 shares in the company, valued at approximately $113,850,633.33. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 6.10% of the stock is owned by corporate insiders.
CPI Card Group Company Profile
(
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CPI Card Group Inc, together with its subsidiaries, engages in the design, production, data personalization, packaging, and fulfillment of financial payment cards. It operates through Debit and Credit, and Prepaid Debit segments. The Debit and Credit segment produces financial payment cards and provides integrated card services to card-issuing financial institutions.
Further Reading
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