Wall Street analysts forecast that Cardtronics PLC (NASDAQ:CATM) will post $387.83 million in sales for the current fiscal quarter, Zacks reports. Six analysts have issued estimates for Cardtronics PLC’s earnings, with estimates ranging from $370.25 million to $444.00 million. Cardtronics PLC reported sales of $328.33 million during the same quarter last year, which would suggest a positive year over year growth rate of 18.1%. The firm is expected to issue its next earnings report on Thursday, October 26th.

On average, analysts expect that Cardtronics PLC will report full year sales of $387.83 million for the current year, with estimates ranging from $1.46 billion to $1.61 billion. For the next fiscal year, analysts forecast that the business will report sales of $1.37 billion per share, with estimates ranging from $1.33 billion to $1.45 billion. Zacks’ sales calculations are a mean average based on a survey of analysts that cover Cardtronics PLC.

Cardtronics PLC (NASDAQ:CATM) last announced its quarterly earnings results on Wednesday, August 2nd. The business services provider reported $0.76 EPS for the quarter, beating the Zacks’ consensus estimate of $0.72 by $0.04. The business had revenue of $385.11 million during the quarter, compared to analyst estimates of $379.03 million. Cardtronics PLC had a net margin of 4.83% and a return on equity of 28.23%. Cardtronics PLC’s quarterly revenue was up 18.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.80 EPS.

Several equities analysts have commented on the company. ValuEngine lowered Cardtronics PLC from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. Lake Street Capital assumed coverage on Cardtronics PLC in a research report on Monday, June 19th. They set a “buy” rating and a $46.00 price objective for the company. Bank of America Corporation lowered their price objective on Cardtronics PLC from $48.00 to $40.00 and set a “neutral” rating for the company in a research report on Friday, July 7th. BidaskClub lowered Cardtronics PLC from a “sell” rating to a “strong sell” rating in a research report on Friday, June 23rd. Finally, Zacks Investment Research lowered Cardtronics PLC from a “hold” rating to a “strong sell” rating in a research report on Tuesday, July 18th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $45.40.

Shares of Cardtronics PLC (NASDAQ:CATM) opened at 28.445 on Wednesday. The firm’s 50-day moving average is $26.91 and its 200-day moving average is $35.18. The company has a market cap of $1.30 billion, a price-to-earnings ratio of 19.631 and a beta of 0.81. Cardtronics PLC has a 52 week low of $24.91 and a 52 week high of $56.00.

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Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Neuburgh Advisers LLC increased its holdings in Cardtronics PLC by 6.2% in the 1st quarter. Neuburgh Advisers LLC now owns 2,924 shares of the business services provider’s stock worth $137,000 after buying an additional 170 shares in the last quarter. LS Investment Advisors LLC increased its holdings in Cardtronics PLC by 79.9% in the 1st quarter. LS Investment Advisors LLC now owns 3,064 shares of the business services provider’s stock worth $143,000 after buying an additional 1,361 shares in the last quarter. Riverhead Capital Management LLC increased its holdings in Cardtronics PLC by 77.7% in the 2nd quarter. Riverhead Capital Management LLC now owns 3,731 shares of the business services provider’s stock worth $123,000 after buying an additional 1,631 shares in the last quarter. Flinton Capital Management LLC increased its holdings in Cardtronics PLC by 69.8% in the 2nd quarter. Flinton Capital Management LLC now owns 4,088 shares of the business services provider’s stock worth $134,000 after buying an additional 1,680 shares in the last quarter. Finally, 1st Global Advisors Inc. increased its holdings in Cardtronics PLC by 0.8% in the 1st quarter. 1st Global Advisors Inc. now owns 5,109 shares of the business services provider’s stock worth $239,000 after buying an additional 40 shares in the last quarter.

Cardtronics PLC 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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