Bank of America set a $19.00 price target on Cardtronics (NASDAQ:CATM) in a report released on Wednesday. The brokerage currently has a sell rating on the business services provider’s stock.
A number of other equities analysts have also recently weighed in on CATM. SunTrust Banks reissued a buy rating and set a $25.00 price objective on shares of Cardtronics in a report on Friday, November 3rd. TheStreet cut Cardtronics from a c rating to a d rating in a report on Friday, November 3rd. Zacks Investment Research raised Cardtronics from a strong sell rating to a hold rating in a report on Tuesday, November 7th. BidaskClub raised Cardtronics from a strong sell rating to a sell rating in a report on Saturday, December 16th. Finally, ValuEngine cut Cardtronics from a buy rating to a hold rating in a report on Sunday, December 31st. Two research analysts have rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company. The stock currently has a consensus rating of Hold and a consensus target price of $27.25.
Cardtronics (NASDAQ CATM) opened at $23.41 on Wednesday. The firm has a market capitalization of $1,127.88, a PE ratio of 8.82, a P/E/G ratio of 1.22 and a beta of 0.88. The company has a current ratio of 0.82, a quick ratio of 0.78 and a debt-to-equity ratio of 2.64. Cardtronics has a 1-year low of $15.80 and a 1-year high of $47.45.
Cardtronics (NASDAQ:CATM) last announced its quarterly earnings data on Tuesday, February 20th. The business services provider reported $0.73 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.55 by $0.18. The company had revenue of $363.00 million for the quarter, compared to analysts’ expectations of $340.23 million. Cardtronics had a positive return on equity of 29.05% and a negative net margin of 9.64%. Cardtronics’s revenue for the quarter was up 17.6% compared to the same quarter last year. During the same period last year, the firm posted $0.79 EPS. research analysts anticipate that Cardtronics will post 1.84 earnings per share for the current year.
Institutional investors have recently made changes to their positions in the business. Zions Bancorporation purchased a new position in Cardtronics in the 3rd quarter worth approximately $157,000. SG Americas Securities LLC purchased a new position in Cardtronics in the 3rd quarter worth approximately $180,000. Millennium Management LLC purchased a new position in Cardtronics in the 4th quarter worth approximately $204,000. Invictus RG purchased a new position in Cardtronics in the 3rd quarter worth approximately $255,000. Finally, Alps Advisors Inc. purchased a new position in Cardtronics in the 4th quarter worth approximately $209,000. 97.26% of the stock is currently owned by institutional investors and hedge funds.
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Cardtronics plc, formerly Cardtronics, Inc, provides automated consumer financial services through its network of automated teller machines (ATMS) and multi-function financial services kiosks. The Company’s operations consists of its North America, Europe, and Corporate & Other segments. Its ATM operations in the United States, Canada, Mexico and Puerto Rico are included in its North America segment.
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