Analysts expect Cardtronics PLC (NASDAQ:CATM) to post sales of $325.56 million for the current fiscal quarter, according to Zacks. Six analysts have issued estimates for Cardtronics’ earnings. The lowest sales estimate is $308.00 million and the highest is $342.89 million. Cardtronics posted sales of $385.11 million in the same quarter last year, which suggests a negative year-over-year growth rate of 15.5%. The firm is expected to issue its next quarterly earnings results on Wednesday, August 1st.
According to Zacks, analysts expect that Cardtronics will report full year sales of $1.29 billion for the current year, with estimates ranging from $1.26 billion to $1.34 billion. For the next financial year, analysts expect that the company will post sales of $1.31 billion per share, with estimates ranging from $1.27 billion to $1.36 billion. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side analysts that follow Cardtronics.
Cardtronics (NASDAQ:CATM) last posted its earnings results on Thursday, May 3rd. The business services provider reported $0.46 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.27 by $0.19. Cardtronics had a negative net margin of 9.91% and a positive return on equity of 29.50%. The firm had revenue of $336.20 million for the quarter, compared to analysts’ expectations of $311.11 million. During the same quarter last year, the firm earned $0.55 EPS. The company’s quarterly revenue was down 6.0% compared to the same quarter last year.
CATM has been the topic of several recent analyst reports. ValuEngine cut shares of Cardtronics from a “buy” rating to a “hold” rating in a research report on Thursday, March 1st. BidaskClub raised shares of Cardtronics from a “hold” rating to a “buy” rating in a research report on Wednesday, March 7th. Zacks Investment Research raised shares of Cardtronics from a “strong sell” rating to a “buy” rating and set a $29.00 target price on the stock in a research report on Tuesday, April 24th. Barrington Research reissued a “hold” rating on shares of Cardtronics in a research report on Tuesday, May 1st. Finally, Bank of America set a $20.00 target price on shares of Cardtronics and gave the stock a “sell” rating in a research report on Friday, May 4th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $27.80.
Cardtronics stock opened at $24.92 on Friday. Cardtronics has a 52 week low of $15.80 and a 52 week high of $34.90. The company has a current ratio of 0.91, a quick ratio of 0.87 and a debt-to-equity ratio of 2.19. The company has a market cap of $1.15 billion, a price-to-earnings ratio of 9.00, a PEG ratio of 1.65 and a beta of 0.85.
In related news, major shareholder Hudson Executive Capital Lp purchased 350,500 shares of the stock in a transaction that occurred on Friday, April 20th. The shares were bought at an average price of $25.39 per share, with a total value of $8,899,195.00. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders purchased a total of 1,659,005 shares of company stock worth $40,454,400 in the last ninety days. 0.60% of the stock is currently owned by insiders.
Several large investors have recently bought and sold shares of CATM. Millennium Management LLC bought a new stake in shares of Cardtronics in the 4th quarter worth approximately $204,000. MANA Advisors LLC bought a new stake in shares of Cardtronics in the 4th quarter worth approximately $255,000. Teacher Retirement System of Texas bought a new stake in shares of Cardtronics in the 4th quarter worth approximately $286,000. Verition Fund Management LLC bought a new stake in shares of Cardtronics in the 4th quarter worth approximately $307,000. Finally, Aperio Group LLC raised its holdings in shares of Cardtronics by 36.0% in the 1st quarter. Aperio Group LLC now owns 14,489 shares of the business services provider’s stock worth $323,000 after purchasing an additional 3,836 shares during the period.
Cardtronics plc provides automated consumer financial services through its network of automated teller machines (ATMs) and multi-function financial services kiosks. The company offers cash dispensing and bank balance inquiries; and financial related services to cardholders, as well as ATM management and ATM equipment-related services to large retail merchants, smaller retailers, and operators of facilities, such as shopping malls, airports, and train stations.
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