CPI Card Group FY2025 EPS Estimate Reduced by Roth Capital

Key Points

• Roth Capital has revised down its FY2025 earnings per share estimates for CPI Card Group from $2.36 to $1.74, while the consensus estimate stands at $1.63 per share.
• CPI Card Group reported a quarterly EPS of $0.04, significantly missing analysts' expectations of $0.56, and realized revenue of $129.75 million against a forecast of $132.96 million.
• Despite recent downgrades, CPI Card Group has a consensus rating of "Buy" among analysts, with an average target price of $34.00.

CPI Card Group Inc. (NASDAQ:PMTS - Free Report) - Research analysts at Roth Capital lowered their FY2025 earnings estimates for shares of CPI Card Group in a report released on Monday, August 11th. Roth Capital analyst C. Irwin now anticipates that the company will post earnings per share of $1.74 for the year, down from their previous forecast of $2.36. The consensus estimate for CPI Card Group's current full-year earnings is $1.63 per share.

CPI Card Group (NASDAQ:PMTS - Get Free Report) last announced its quarterly earnings results on Friday, August 8th. The company reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.56 by ($0.52). The company had revenue of $129.75 million for the quarter, compared to the consensus estimate of $132.96 million. CPI Card Group had a net margin of 2.66% and a negative return on equity of 58.00%.

Several other brokerages have also issued reports on PMTS. Lake Street Capital decreased their price target on shares of CPI Card Group from $35.00 to $30.00 and set a "buy" rating on the stock in a report on Monday, August 11th. Wall Street Zen lowered shares of CPI Card Group from a "buy" rating to a "hold" rating in a report on Saturday. Zacks Research raised shares of CPI Card Group to a "hold" rating in a report on Monday, August 11th. Finally, DA Davidson reduced their target price on shares of CPI Card Group from $38.00 to $32.00 and set a "buy" rating on the stock in a report on Tuesday, August 12th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, CPI Card Group has a consensus rating of "Moderate Buy" and an average price target of $34.00.

CPI Card Group Stock Performance

Shares of CPI Card Group stock remained flat at $15.61 during midday trading on Wednesday. 63,734 shares of the company traded hands, compared to its average volume of 48,329. The stock has a market capitalization of $177.02 million, a PE ratio of 13.94 and a beta of 1.31. The business has a 50 day simple moving average of $21.16 and a two-hundred day simple moving average of $24.57. CPI Card Group has a 12 month low of $12.52 and a 12 month high of $35.19.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. US Bancorp DE acquired a new position in shares of CPI Card Group in the 1st quarter worth approximately $33,000. Russell Investments Group Ltd. lifted its position in shares of CPI Card Group by 1,635.8% in the 4th quarter. Russell Investments Group Ltd. now owns 1,649 shares of the company's stock worth $49,000 after purchasing an additional 1,554 shares during the period. Wells Fargo & Company MN lifted its position in shares of CPI Card Group by 44.9% in the 4th quarter. Wells Fargo & Company MN now owns 2,503 shares of the company's stock worth $75,000 after purchasing an additional 776 shares during the period. Tower Research Capital LLC TRC lifted its position in shares of CPI Card Group by 355.6% in the 4th quarter. Tower Research Capital LLC TRC now owns 2,665 shares of the company's stock worth $80,000 after purchasing an additional 2,080 shares during the period. Finally, Virtus Investment Advisers Inc. acquired a new position in shares of CPI Card Group in the 4th quarter worth approximately $84,000. Institutional investors and hedge funds own 22.08% of the company's stock.

Insiders Place Their Bets

In other CPI Card Group news, Chairman H Sanford Riley bought 10,000 shares of CPI Card Group stock in a transaction on Tuesday, August 12th. The shares were purchased at an average cost of $15.75 per share, with a total value of $157,500.00. Following the acquisition, the chairman directly owned 31,033 shares of the company's stock, valued at $488,769.75. The trade was a 47.54% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 2.80% of the stock is owned by insiders.

CPI Card Group Company Profile

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.