Cardtronics PLC (NASDAQ:CATM) – Equities researchers at Barrington Research upped their Q4 2017 earnings estimates for Cardtronics in a report issued on Thursday. Barrington Research analyst G. Prestopino now forecasts that the business services provider will post earnings per share of $0.49 for the quarter, up from their prior forecast of $0.47.

Cardtronics (NASDAQ:CATM) last announced its quarterly earnings results on Thursday, November 2nd. The business services provider reported $0.96 EPS for the quarter, beating analysts’ consensus estimates of $0.86 by $0.10. The firm had revenue of $402.00 million during the quarter, compared to analysts’ expectations of $383.97 million. Cardtronics had a negative net margin of 9.37% and a positive return on equity of 29.32%. The company’s revenue for the quarter was up 22.4% compared to the same quarter last year. During the same quarter last year, the company posted $0.98 earnings per share.

A number of other analysts have also recently issued reports on CATM. William Blair cut shares of Cardtronics from an “outperform” rating to a “market perform” rating in a research note on Monday, September 25th. Lake Street Capital cut shares of Cardtronics from a “buy” rating to a “hold” rating and cut their target price for the stock from $40.00 to $31.00 in a research note on Tuesday, September 26th. Zacks Investment Research cut shares of Cardtronics from a “hold” rating to a “sell” rating in a research note on Tuesday, October 3rd. SunTrust Banks restated a “buy” rating and set a $25.00 target price on shares of Cardtronics in a research note on Friday, November 3rd. Finally, TheStreet cut shares of Cardtronics from a “c” rating to a “d” rating in a research note on Friday, November 3rd. One research analyst has rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $32.00.

Shares of Cardtronics (NASDAQ:CATM) traded down $0.37 during mid-day trading on Monday, reaching $18.95. 769,800 shares of the company’s stock were exchanged, compared to its average volume of 551,666. The firm has a market capitalization of $882.57, a PE ratio of 6.80, a P/E/G ratio of 0.61 and a beta of 0.64. The company has a current ratio of 0.82, a quick ratio of 0.78 and a debt-to-equity ratio of 2.64. Cardtronics has a 12-month low of $15.80 and a 12-month high of $56.00.

Institutional investors have recently modified their holdings of the business. Riverhead Capital Management LLC raised its stake in Cardtronics 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 purchasing an additional 1,631 shares in the last quarter. Flinton Capital Management LLC raised its stake in Cardtronics 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 purchasing an additional 1,680 shares in the last quarter. Zions Bancorporation bought a new position in Cardtronics in the 3rd quarter valued at about $157,000. SG Americas Securities LLC bought a new position in Cardtronics in the 3rd quarter valued at about $180,000. Finally, Petrus Trust Company LTA increased its holdings in Cardtronics by 1.7% in the 2nd quarter. Petrus Trust Company LTA now owns 6,191 shares of the business services provider’s stock valued at $203,000 after buying an additional 104 shares during the period.

In other Cardtronics news, Director Mark Rossi acquired 2,500 shares of the company’s stock in a transaction on Monday, November 13th. The stock was acquired at an average price of $16.81 per share, for a total transaction of $42,025.00. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Edward H. West acquired 12,500 shares of the company’s stock in a transaction on Tuesday, November 7th. The stock was acquired at an average price of $17.29 per share, with a total value of $216,125.00. The disclosure for this purchase can be found here. Insiders acquired a total of 20,000 shares of company stock valued at $343,150 in the last quarter. Corporate insiders own 1.20% of the company’s stock.

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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.

Earnings History and Estimates for Cardtronics (NASDAQ:CATM)

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