Wall Street brokerages predict that Cardtronics PLC (NASDAQ:CATM) will announce $0.25 earnings per share for the current fiscal quarter, according to Zacks. Six analysts have provided estimates for Cardtronics’ earnings, with estimates ranging from $0.16 to $0.33. Cardtronics reported earnings of $0.55 per share in the same quarter last year, which indicates a negative year over year growth rate of 54.5%. The company is scheduled to report its next quarterly earnings report on Wednesday, May 2nd.
According to Zacks, analysts expect that Cardtronics will report full year earnings of $1.47 per share for the current year, with EPS estimates ranging from $1.41 to $1.54. For the next year, analysts expect that the company will report earnings of $1.64 per share, with EPS estimates ranging from $1.49 to $1.76. Zacks Investment Research’s EPS calculations are an average based on a survey of research analysts that cover Cardtronics.
Cardtronics (NASDAQ:CATM) last issued its quarterly earnings results on Tuesday, February 20th. The business services provider reported $0.73 EPS for the quarter, topping analysts’ consensus estimates of $0.55 by $0.18. The business had revenue of $363.00 million during the quarter, compared to analysts’ expectations of $340.23 million. Cardtronics had a positive return on equity of 29.93% and a negative net margin of 9.64%. The business’s quarterly revenue was up 17.6% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.79 earnings per share.
Several analysts recently issued reports on CATM shares. SunTrust Banks increased their target price on Cardtronics to $30.00 and gave the stock a “buy” rating in a research report on Wednesday, February 21st. BidaskClub upgraded Cardtronics from a “hold” rating to a “buy” rating in a research report on Wednesday, January 31st. ValuEngine upgraded Cardtronics from a “hold” rating to a “buy” rating in a research report on Wednesday, March 7th. Barrington Research reiterated a “hold” rating on shares of Cardtronics in a research report on Sunday, February 25th. Finally, William Blair reiterated a “market perform” rating on shares of Cardtronics in a research report on Wednesday, February 21st. Two analysts have rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $27.25.
Shares of Cardtronics (CATM) traded up $0.17 on Friday, reaching $27.09. The company’s stock had a trading volume of 145,700 shares, compared to its average volume of 864,747. The company has a debt-to-equity ratio of 2.35, a quick ratio of 0.79 and a current ratio of 0.82. The stock has a market capitalization of $1,237.39, a PE ratio of -8.54, a price-to-earnings-growth ratio of 2.06 and a beta of 0.92. Cardtronics has a fifty-two week low of $15.80 and a fifty-two week high of $47.45.
In other news, major shareholder Hudson Executive Capital Lp purchased 322,000 shares of the business’s stock in a transaction on Wednesday, February 21st. The stock was acquired at an average price of $23.32 per share, for a total transaction of $7,509,040.00. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Also, EVP Joseph Bradley Nolan purchased 5,725 shares of the business’s stock in a transaction on Wednesday, March 7th. The shares were purchased at an average price of $26.16 per share, with a total value of $149,766.00. The disclosure for this purchase can be found here. Company insiders own 1.20% of the company’s stock.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Crossmark Global Holdings Inc. bought a new stake in shares of Cardtronics in the 3rd quarter valued at approximately $268,000. American Century Companies Inc. bought a new stake in shares of Cardtronics in the 3rd quarter valued at approximately $10,897,000. Sei Investments Co. lifted its stake in shares of Cardtronics by 42.7% in the 3rd quarter. Sei Investments Co. now owns 103,667 shares of the business services provider’s stock valued at $2,386,000 after purchasing an additional 31,034 shares during the last quarter. New York State Common Retirement Fund lifted its stake in shares of Cardtronics by 20.9% in the 3rd quarter. New York State Common Retirement Fund now owns 61,876 shares of the business services provider’s stock valued at $1,424,000 after purchasing an additional 10,676 shares during the last quarter. Finally, Municipal Employees Retirement System of Michigan lifted its stake in shares of Cardtronics by 59.1% in the 3rd quarter. Municipal Employees Retirement System of Michigan now owns 17,120 shares of the business services provider’s stock valued at $394,000 after purchasing an additional 6,360 shares during the last quarter.
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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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