Media headlines about CPI Card Group (NASDAQ:PMTS) (TSE:PNT) have been trending somewhat positive on Thursday, according to Accern. The research firm scores the sentiment of media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. CPI Card Group earned a coverage optimism score of 0.08 on Accern’s scale. Accern also assigned news coverage about the credit services provider an impact score of 45.4279774337488 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
CPI Card Group (NASDAQ:PMTS) traded up $0.18 on Thursday, hitting $3.56. 196,355 shares of the stock traded hands, compared to its average volume of 161,283. The company has a current ratio of 2.68, a quick ratio of 2.09 and a debt-to-equity ratio of -2.87. CPI Card Group has a fifty-two week low of $2.90 and a fifty-two week high of $25.50. The company has a market cap of $39.64 and a price-to-earnings ratio of -3.46.
CPI Card Group (NASDAQ:PMTS) (TSE:PNT) last posted its earnings results on Tuesday, November 7th. The credit services provider reported $0.10 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.15 by ($0.05). The firm had revenue of $68.00 million during the quarter, compared to the consensus estimate of $74.73 million. CPI Card Group had a negative return on equity of 1.51% and a negative net margin of 4.44%. The firm’s revenue for the quarter was down 16.3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.55 EPS. sell-side analysts predict that CPI Card Group will post -0.4 EPS for the current fiscal year.
A number of analysts have issued reports on the stock. Zacks Investment Research cut shares of CPI Card Group from a “hold” rating to a “sell” rating in a research note on Thursday, January 4th. ValuEngine raised shares of CPI Card Group from a “sell” rating to a “hold” rating in a research report on Wednesday, December 20th. Robert W. Baird reaffirmed a “hold” rating and set a $5.00 target price on shares of CPI Card Group in a research report on Thursday, December 21st. Finally, BMO Capital Markets dropped their target price on shares of CPI Card Group from $11.00 to $6.50 and set a “market perform” rating on the stock in a research report on Thursday, November 9th. Two investment analysts have rated the stock with a sell rating and five have assigned a hold rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $5.75.
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CPI Card Group Company Profile
CPI Card Group Inc, formerly CPI Holdings I, Inc, provides Financial Payment Card solutions in North America. The Company is engaged in the design, production, data personalization, packaging and fulfillment of Financial Payment Cards, which it defines as credit cards, debit cards and prepaid debit cards issued on the networks of the Payment Card Brands in the United States, Europe and Canada.
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