Equities analysts expect Cardtronics PLC (NASDAQ:CATM) to post earnings per share of $0.63 for the current fiscal quarter, according to Zacks. Six analysts have provided estimates for Cardtronics’ earnings, with estimates ranging from $0.57 to $0.67. Cardtronics posted earnings of $0.79 per share during the same quarter last year, which would suggest a negative year over year growth rate of 20.3%. The company is scheduled to report its next quarterly earnings results after the market closes on Tuesday, February 20th.
On average, analysts expect that Cardtronics will report full year earnings of $2.90 per share for the current year, with EPS estimates ranging from $2.84 to $2.94. For the next financial year, analysts expect that the company will post earnings of $2.07 per share, with EPS estimates ranging from $1.98 to $2.18. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of analysts that follow Cardtronics.
CATM has been the topic of a number of research analyst reports. TheStreet cut Cardtronics from a “c” rating to a “d” rating in a report on Friday, November 3rd. Zacks Investment Research cut Cardtronics from a “hold” rating to a “sell” rating in a report on Tuesday, January 2nd. BidaskClub upgraded Cardtronics from a “strong sell” rating to a “sell” rating in a report on Saturday, December 16th. SunTrust Banks reiterated a “buy” rating and issued a $25.00 target price on shares of Cardtronics in a report on Friday, November 3rd. Finally, Bank of America reiterated an “underperform” rating on shares of Cardtronics in a report on Thursday, January 18th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $31.25.
A number of large investors have recently added to or reduced their stakes in CATM. American Century Companies Inc. purchased a new position in Cardtronics in the third quarter valued at about $10,897,000. Bank of New York Mellon Corp raised its position in Cardtronics by 60.7% in the fourth quarter. Bank of New York Mellon Corp now owns 1,105,741 shares of the business services provider’s stock valued at $20,478,000 after purchasing an additional 417,725 shares during the period. Formula Growth Ltd. raised its position in Cardtronics by 266.7% in the third quarter. Formula Growth Ltd. now owns 451,990 shares of the business services provider’s stock valued at $10,400,000 after purchasing an additional 328,744 shares during the period. Schroder Investment Management Group raised its position in Cardtronics by 356.0% in the fourth quarter. Schroder Investment Management Group now owns 209,700 shares of the business services provider’s stock valued at $3,884,000 after purchasing an additional 163,716 shares during the period. Finally, BlackRock Inc. raised its position in Cardtronics by 2.5% in the fourth quarter. BlackRock Inc. now owns 5,753,980 shares of the business services provider’s stock valued at $106,562,000 after purchasing an additional 139,686 shares during the period.
Shares of Cardtronics (CATM) traded down $0.45 during trading on Friday, reaching $22.95. The company had a trading volume of 733,519 shares, compared to its average volume of 984,889. Cardtronics has a 52-week low of $15.80 and a 52-week high of $51.09. The firm has a market capitalization of $1,068.95, a PE ratio of -7.68, a P/E/G ratio of 1.16 and a beta of 0.88. The company has a quick ratio of 0.78, a current ratio of 0.82 and a debt-to-equity ratio of 2.64.
Cardtronics Company Profile
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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