CPI Card Group Inc (NASDAQ:PMTS) (TSE:PNT) – Equities researchers at William Blair issued their Q1 2018 earnings estimates for CPI Card Group in a report issued on Tuesday, March 13th, Zacks Investment Research reports. William Blair analyst R. Napoli forecasts that the credit services provider will earn ($0.26) per share for the quarter. William Blair also issued estimates for CPI Card Group’s Q2 2018 earnings at ($0.30) EPS, Q3 2018 earnings at ($0.09) EPS, Q4 2018 earnings at ($0.30) EPS and FY2018 earnings at ($0.95) EPS.
A number of other analysts have also recently commented on the stock. ValuEngine cut shares of CPI Card Group from a “sell” rating to a “strong sell” rating in a research note on Monday, April 2nd. Zacks Investment Research cut shares of CPI Card Group from a “hold” rating to a “sell” rating in a research note on Saturday, March 17th. Finally, Robert W. Baird reiterated a “hold” rating and issued a $5.00 target price on shares of CPI Card Group in a research note on Thursday, December 21st. Three investment analysts have rated the stock with a sell rating and four have issued a hold rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $5.75.
PMTS stock traded down $0.13 during trading on Friday, reaching $2.55. The company had a trading volume of 32,631 shares, compared to its average volume of 35,550. The stock has a market capitalization of $29.84, a PE ratio of -8.23 and a beta of -0.56. The company has a quick ratio of 2.12, a current ratio of 2.59 and a debt-to-equity ratio of -2.54. CPI Card Group has a twelve month low of $2.45 and a twelve month high of $21.00.
CPI Card Group (NASDAQ:PMTS) (TSE:PNT) last released its earnings results on Monday, March 12th. The credit services provider reported ($0.07) EPS for the quarter, topping analysts’ consensus estimates of ($0.22) by $0.15. The company had revenue of $64.96 million during the quarter, compared to analyst estimates of $60.44 million.
Institutional investors and hedge funds have recently bought and sold shares of the business. Thompson Investment Management Inc. raised its position in CPI Card Group by 90.8% during the 3rd quarter. Thompson Investment Management Inc. now owns 574,028 shares of the credit services provider’s stock worth $677,000 after buying an additional 273,165 shares during the last quarter. MUFG Americas Holdings Corp purchased a new position in CPI Card Group during the 3rd quarter worth approximately $118,000. Dimensional Fund Advisors LP raised its position in CPI Card Group by 181.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 61,110 shares of the credit services provider’s stock worth $174,000 after buying an additional 39,359 shares during the last quarter. Commonwealth Equity Services Inc raised its position in CPI Card Group by 108.4% during the 3rd quarter. Commonwealth Equity Services Inc now owns 203,869 shares of the credit services provider’s stock worth $240,000 after buying an additional 106,064 shares during the last quarter. Finally, Teachers Advisors LLC raised its position in CPI Card Group by 21.3% during the 2nd quarter. Teachers Advisors LLC now owns 43,683 shares of the credit services provider’s stock worth $124,000 after buying an additional 7,658 shares during the last quarter. 11.55% of the stock is owned by institutional investors.
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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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