Roth Capital Decreases Earnings Estimates for CPI Card Group

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) - Investment analysts at Roth Capital dropped their FY2025 earnings per share (EPS) estimates for shares of CPI Card Group in a research report issued to clients and investors on Monday, August 11th. Roth Capital analyst C. Irwin now expects that the company will post earnings per share of $1.74 for the year, down from their previous estimate 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 issued 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). CPI Card Group had a net margin of 2.66% and a negative return on equity of 58.00%. The business had revenue of $129.75 million during the quarter, compared to the consensus estimate of $132.96 million.

A number of other equities research analysts have also commented on PMTS. DA Davidson reduced their price target on CPI Card Group from $38.00 to $32.00 and set a "buy" rating on the stock in a research report on Tuesday. Wall Street Zen upgraded CPI Card Group from a "hold" rating to a "buy" rating in a research report on Friday, July 18th. Finally, Lake Street Capital reduced their price target on CPI Card Group from $35.00 to $30.00 and set a "buy" rating on the stock in a research report on Monday. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, CPI Card Group presently has a consensus rating of "Buy" and an average target price of $34.00.

CPI Card Group Stock Up 16.9%

Shares of PMTS opened at $16.06 on Wednesday. CPI Card Group has a 12-month low of $12.52 and a 12-month high of $35.19. The business has a 50-day simple moving average of $21.51 and a two-hundred day simple moving average of $24.87. The stock has a market cap of $182.12 million, a PE ratio of 14.34 and a beta of 1.31.

Institutional Investors Weigh In On CPI Card Group

Institutional investors and hedge funds have recently made changes to their positions in the business. US Bancorp DE bought a new stake in shares of CPI Card Group during the 1st quarter valued at about $33,000. Russell Investments Group Ltd. boosted its position in shares of CPI Card Group by 1,635.8% during the 4th quarter. Russell Investments Group Ltd. now owns 1,649 shares of the company's stock valued at $49,000 after purchasing an additional 1,554 shares in the last quarter. Wells Fargo & Company MN boosted its position in shares of CPI Card Group by 44.9% during the 4th quarter. Wells Fargo & Company MN now owns 2,503 shares of the company's stock valued at $75,000 after purchasing an additional 776 shares in the last quarter. Tower Research Capital LLC TRC boosted its position in shares of CPI Card Group by 355.6% during the 4th quarter. Tower Research Capital LLC TRC now owns 2,665 shares of the company's stock valued at $80,000 after purchasing an additional 2,080 shares in the last quarter. Finally, Virtus Investment Advisers Inc. bought a new stake in shares of CPI Card Group during the 4th quarter valued at about $84,000. Institutional investors own 22.08% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.