Cardtronics PLC (NASDAQ:CATM) has earned a consensus recommendation of “Hold” from the nine research firms that are covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and four have issued a buy recommendation on the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $32.20.
A number of equities research analysts recently commented on CATM shares. BidaskClub cut shares of Cardtronics from a “hold” rating to a “sell” rating in a research note on Thursday, October 18th. ValuEngine cut shares of Cardtronics from a “buy” rating to a “hold” rating in a research note on Friday, October 19th. Barrington Research reissued a “hold” rating on shares of Cardtronics in a research note on Monday, October 29th. Barclays started coverage on shares of Cardtronics in a research note on Wednesday, November 14th. They issued an “overweight” rating and a $41.00 price objective on the stock. Finally, Zacks Investment Research lowered shares of Cardtronics from a “buy” rating to a “hold” rating in a report on Tuesday, January 29th.
Shares of NASDAQ CATM opened at $27.55 on Tuesday. The stock has a market capitalization of $1.21 billion, a P/E ratio of 9.95, a price-to-earnings-growth ratio of 1.15 and a beta of 1.29. Cardtronics has a 52 week low of $20.78 and a 52 week high of $39.10. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.83 and a current ratio of 0.87.
In other Cardtronics news, Director J Tim Arnoult sold 3,000 shares of the company’s stock in a transaction dated Wednesday, November 28th. The shares were sold at an average price of $31.54, for a total value of $94,620.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Dan Antilley sold 5,000 shares of the company’s stock in a transaction dated Wednesday, December 12th. The shares were sold at an average price of $31.31, for a total transaction of $156,550.00. The disclosure for this sale can be found here. 0.60% of the stock is currently owned by corporate insiders.
A number of large investors have recently added to or reduced their stakes in CATM. Raymond James & Associates purchased a new position in shares of Cardtronics during the 2nd quarter worth about $397,000. California Public Employees Retirement System lifted its holdings in shares of Cardtronics by 3.0% during the 2nd quarter. California Public Employees Retirement System now owns 171,239 shares of the business services provider’s stock worth $4,141,000 after acquiring an additional 5,040 shares during the period. Xact Kapitalforvaltning AB purchased a new position in shares of Cardtronics during the 3rd quarter worth about $256,000. Alpha Cubed Investments LLC purchased a new position in shares of Cardtronics during the 3rd quarter worth about $201,000. Finally, Sawtooth Solutions LLC purchased a new position in shares of Cardtronics during the 3rd quarter worth about $239,000.
Cardtronics Company Profile
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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