Analysts forecast that Cardtronics PLC (NASDAQ:CATM) will post $0.76 earnings per share for the current quarter, Zacks Investment Research reports. Six analysts have issued estimates for Cardtronics PLC’s earnings, with estimates ranging from $0.72 to $0.80. Cardtronics PLC posted earnings per share of $0.86 during the same quarter last year, which suggests a negative year-over-year growth rate of 11.6%. The business is expected to report its next earnings results on Thursday, October 26th.
On average, analysts expect that Cardtronics PLC will report full year earnings of $2.62 per share for the current financial year, with EPS estimates ranging from $2.57 to $2.70. For the next year, analysts anticipate that the business will post earnings of $2.28 per share, with EPS estimates ranging from $2.23 to $2.33. Zacks’ EPS calculations are a mean average based on a survey of sell-side research analysts that cover Cardtronics PLC.
Cardtronics PLC (NASDAQ:CATM) last announced its earnings results on Wednesday, August 2nd. The business services provider reported $0.76 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.72 by $0.04. Cardtronics PLC had a return on equity of 28.23% and a net margin of 4.83%. The firm had revenue of $385.11 million for the quarter, compared to the consensus estimate of $379.03 million. During the same period in the previous year, the business earned $0.80 EPS. The firm’s revenue for the quarter was up 18.9% on a year-over-year basis.
A number of analysts have recently commented on the company. Zacks Investment Research upgraded Cardtronics PLC from a “hold” rating to a “strong-buy” rating and set a $41.00 target price on the stock in a research report on Monday, May 8th. TheStreet lowered Cardtronics PLC from a “b” rating to a “c+” rating in a report on Monday, May 8th. ValuEngine lowered Cardtronics PLC from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. Lake Street Capital initiated coverage on Cardtronics PLC in a report on Monday, June 19th. They set a “buy” rating and a $46.00 price target on the stock. Finally, Bank of America Corporation lowered their price target on Cardtronics PLC from $48.00 to $40.00 and set a “neutral” rating on the stock in a report on Friday, July 7th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the stock. Cardtronics PLC has a consensus rating of “Hold” and an average price target of $46.17.
In related news, EVP Phillip Pilsuh Chin sold 825 shares of Cardtronics PLC stock in a transaction that occurred on Monday, June 19th. The stock was sold at an average price of $34.03, for a total transaction of $28,074.75. Following the completion of the transaction, the executive vice president now directly owns 2,469 shares in the company, valued at approximately $84,020.07. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Gerardo Garcia sold 3,000 shares of Cardtronics PLC stock in a transaction that occurred on Monday, June 5th. The stock was sold at an average price of $33.81, for a total value of $101,430.00. Following the transaction, the insider now owns 3,743 shares of the company’s stock, valued at $126,550.83. The disclosure for this sale can be found here. Insiders sold a total of 22,546 shares of company stock worth $770,512 in the last ninety days. 1.20% of the stock is owned by corporate insiders.
Several hedge funds and other institutional investors have recently modified their holdings of CATM. Teachers Advisors LLC increased its position in shares of Cardtronics PLC by 2.0% in the fourth quarter. Teachers Advisors LLC now owns 74,202 shares of the business services provider’s stock valued at $4,049,000 after buying an additional 1,474 shares in the last quarter. Louisiana State Employees Retirement System increased its position in shares of Cardtronics PLC by 2.2% in the first quarter. Louisiana State Employees Retirement System now owns 18,600 shares of the business services provider’s stock valued at $870,000 after buying an additional 400 shares during the period. Hartford Investment Management Co. increased its position in shares of Cardtronics PLC by 15.5% in the first quarter. Hartford Investment Management Co. now owns 136,425 shares of the business services provider’s stock valued at $6,378,000 after buying an additional 18,286 shares during the period. State of Alaska Department of Revenue increased its position in shares of Cardtronics PLC by 2.7% in the first quarter. State of Alaska Department of Revenue now owns 5,030 shares of the business services provider’s stock valued at $235,000 after buying an additional 130 shares during the period. Finally, ARP Americas LLC acquired a new position in shares of Cardtronics PLC during the first quarter valued at $379,000.
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Shares of Cardtronics PLC (NASDAQ:CATM) remained flat at $26.00 on Friday. The company’s stock had a trading volume of 371,987 shares. Cardtronics PLC has a 12-month low of $25.87 and a 12-month high of $56.00. The stock has a market capitalization of $1.19 billion, a price-to-earnings ratio of 17.94 and a beta of 0.75. The company’s 50 day moving average price is $31.12 and its 200 day moving average price is $39.50.
About Cardtronics PLC
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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