CPI Card Group (PMTS) Earning Somewhat Favorable Media Coverage, Study Finds

News stories about CPI Card Group (NASDAQ:PMTS) (TSE:PNT) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm rates the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. CPI Card Group earned a media sentiment score of 0.11 on Accern’s scale. Accern also gave news headlines about the credit services provider an impact score of 45.1100258894108 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

CPI Card Group (NASDAQ:PMTS) traded down $0.12 during trading hours on Monday, hitting $2.97. 27,351 shares of the stock traded hands, compared to its average volume of 91,832. CPI Card Group has a 1-year low of $2.90 and a 1-year high of $25.50. The company has a quick ratio of 2.09, a current ratio of 2.68 and a debt-to-equity ratio of -2.87. The firm has a market capitalization of $34.41, a P/E ratio of -2.97 and a beta of 0.24.

CPI Card Group (NASDAQ:PMTS) (TSE:PNT) last posted its quarterly earnings data on Tuesday, November 7th. The credit services provider reported $0.10 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.15 by ($0.05). CPI Card Group had a negative return on equity of 1.51% and a negative net margin of 4.44%. The company had revenue of $68.00 million for the quarter, compared to analyst estimates of $74.73 million. During the same quarter in the previous year, the firm posted $0.55 earnings per share. The company’s quarterly revenue was down 16.3% on a year-over-year basis. research analysts forecast that CPI Card Group will post -0.42 earnings per share for the current fiscal year.

Several equities research analysts have recently commented on PMTS shares. Robert W. Baird reiterated a “hold” rating and set a $5.00 price objective on shares of CPI Card Group in a research note on Thursday, December 21st. ValuEngine upgraded shares of CPI Card Group from a “sell” rating to a “hold” rating in a research note on Wednesday, December 20th. BMO Capital Markets lowered their price objective on shares of CPI Card Group from $11.00 to $6.50 and set a “market perform” rating for the company in a research note on Thursday, November 9th. Finally, Zacks Investment Research downgraded shares of CPI Card Group from a “hold” rating to a “sell” rating in a research note on Thursday, January 4th. Two equities research analysts have rated the stock with a sell rating and five have issued a hold rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $5.75.

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About CPI Card Group

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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