Analysts expect CPI Card Group Inc (NASDAQ:PMTS) (TSE:PNT) to post earnings per share of ($0.15) for the current fiscal quarter, according to Zacks. Three analysts have provided estimates for CPI Card Group’s earnings, with the highest EPS estimate coming in at ($0.10) and the lowest estimate coming in at ($0.25). The firm is scheduled to announce its next earnings report after the market closes on Monday, March 12th.
According to Zacks, analysts expect that CPI Card Group will report full-year earnings of ($0.32) per share for the current financial year, with EPS estimates ranging from ($0.40) to ($0.25). For the next financial year, analysts expect that the business will report earnings of $0.12 per share, with EPS estimates ranging from ($0.30) to $0.75. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of research analysts that follow CPI Card Group.
Several brokerages have recently weighed in on PMTS. BMO Capital Markets decreased their price objective on CPI Card Group from $11.00 to $6.50 and set a “market perform” rating for the company in a report on Thursday, November 9th. Zacks Investment Research cut CPI Card Group from a “hold” rating to a “sell” rating in a report on Thursday, January 4th. Robert W. Baird restated a “hold” rating and issued a $5.00 price objective on shares of CPI Card Group in a report on Thursday, December 21st. Finally, ValuEngine upgraded CPI Card Group from a “sell” rating to a “hold” rating in a report on Wednesday, December 20th. Two research analysts have rated the stock with a sell rating and five have assigned a hold rating to the company. CPI Card Group presently has a consensus rating of “Hold” and a consensus price target of $5.75.
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Teachers Advisors LLC grew its holdings in shares of CPI Card Group by 21.3% in the 2nd quarter. Teachers Advisors LLC now owns 43,683 shares of the credit services provider’s stock valued at $124,000 after acquiring an additional 7,658 shares in the last quarter. QS Investors LLC grew its holdings in shares of CPI Card Group by 40.2% in the 2nd quarter. QS Investors LLC now owns 53,178 shares of the credit services provider’s stock valued at $152,000 after acquiring an additional 15,260 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of CPI Card Group by 181.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 61,110 shares of the credit services provider’s stock valued at $174,000 after acquiring an additional 39,359 shares in the last quarter. MUFG Americas Holdings Corp bought a new position in shares of CPI Card Group in the 3rd quarter valued at about $118,000. Finally, State Street Corp grew its holdings in shares of CPI Card Group by 37.0% in the 2nd quarter. State Street Corp now owns 372,496 shares of the credit services provider’s stock valued at $1,062,000 after acquiring an additional 100,594 shares in the last quarter. Institutional investors own 33.70% of the company’s stock.
Shares of CPI Card Group (NASDAQ PMTS) traded up $0.10 during midday trading on Wednesday, hitting $2.78. The stock had a trading volume of 18,596 shares, compared to its average volume of 58,596. The company has a market cap of $29.84, a PE ratio of -2.78 and a beta of -0.26. The company has a debt-to-equity ratio of -2.87, a current ratio of 2.68 and a quick ratio of 2.09. CPI Card Group has a 12 month low of $2.45 and a 12 month high of $25.25.
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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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