Cardtronics PLC (CATM) Issues FY17 Earnings Guidance
Cardtronics PLC (NASDAQ:CATM) updated its FY17 earnings guidance on Thursday. The company provided EPS guidance of $2.83-3.00 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.80. The company issued revenue guidance of $1.47-1.50 billion, compared to the consensus revenue estimate of $1.47 billion.
A number of equities analysts recently commented on the company. Zacks Investment Research raised Cardtronics PLC from a strong sell rating to a hold rating in a research note on Monday, August 7th. William Blair lowered Cardtronics PLC from an outperform rating to a market perform rating in a research note on Monday, September 25th. SunTrust Banks, Inc. reaffirmed a buy rating and issued a $25.00 price objective on shares of Cardtronics PLC in a research note on Friday. Lake Street Capital lowered Cardtronics PLC from a buy rating to a hold rating and cut their price objective for the stock from $40.00 to $31.00 in a research note on Tuesday, September 26th. Finally, Bank of America Corporation cut their price objective on Cardtronics PLC from $48.00 to $40.00 and set a neutral rating on the stock in a research note on Friday, July 7th. Two analysts have rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the company. The stock currently has a consensus rating of Hold and an average target price of $37.00.
Shares of Cardtronics PLC (NASDAQ:CATM) traded down $5.03 during mid-day trading on Friday, reaching $17.55. The company’s stock had a trading volume of 2,820,357 shares, compared to its average volume of 482,521. The company has a debt-to-equity ratio of 1.92, a current ratio of 0.79 and a quick ratio of 0.75. The firm has a market capitalization of $843.23 million, a P/E ratio of 6.50, a P/E/G ratio of 0.54 and a beta of 0.75.
Cardtronics PLC (NASDAQ:CATM) last posted its quarterly earnings results on Thursday, November 2nd. The business services provider reported $0.96 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.86 by $0.10. The company had revenue of $402.00 million for the quarter, compared to the consensus estimate of $383.97 million. Cardtronics PLC had a negative net margin of 9.37% and a positive return on equity of 27.54%. Cardtronics PLC’s revenue was up 22.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.98 earnings per share. sell-side analysts expect that Cardtronics PLC will post 2.62 EPS for the current fiscal year.
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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