Cass Information Systems (NASDAQ:CASS - Get Free Report) is projected to release its earnings data before the market opens on Thursday, January 23rd. Analysts expect Cass Information Systems to post earnings of $0.43 per share and revenue of $48,990.00 billion for the quarter.
Cass Information Systems (NASDAQ:CASS - Get Free Report) last issued its quarterly earnings data on Thursday, October 17th. The business services provider reported $0.21 earnings per share for the quarter, missing the consensus estimate of $0.50 by ($0.29). Cass Information Systems had a net margin of 11.52% and a return on equity of 9.92%. The company had revenue of $50.55 million for the quarter, compared to the consensus estimate of $48.99 million. On average, analysts expect Cass Information Systems to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Cass Information Systems Price Performance
Shares of NASDAQ CASS traded down $0.21 during trading on Thursday, hitting $40.26. The stock had a trading volume of 47,313 shares, compared to its average volume of 52,231. The firm has a fifty day moving average of $42.92 and a two-hundred day moving average of $42.01. The company has a market capitalization of $546.33 million, a PE ratio of 24.25 and a beta of 0.73. Cass Information Systems has a 12 month low of $37.99 and a 12 month high of $50.25.
Analysts Set New Price Targets
Separately, Piper Sandler upped their price objective on shares of Cass Information Systems from $44.00 to $45.00 and gave the stock an "overweight" rating in a research report on Friday, October 18th.
Read Our Latest Stock Analysis on Cass Information Systems
About Cass Information Systems
(
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Cass Information Systems, Inc provides payment and information processing services to manufacturing, distribution, and retail enterprises in the United States. The company operates through two segments, Information Services and Banking Services. Its services include freight invoice rating, payment processing, auditing, and the generation of accounting and transportation information.
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