CPI Card Group (NASDAQ:PMTS - Get Free Report) issued its quarterly earnings results on Tuesday. The company reported $0.57 EPS for the quarter, topping the consensus estimate of $0.52 by $0.05, Zacks reports. CPI Card Group had a net margin of 3.38% and a negative return on equity of 46.90%. The company had revenue of $125.10 million during the quarter, compared to analysts' expectations of $120.54 million.
CPI Card Group Trading Down 0.5 %
Shares of PMTS stock traded down $0.13 on Friday, hitting $28.19. The stock had a trading volume of 32,518 shares, compared to its average volume of 29,494. CPI Card Group has a twelve month low of $15.00 and a twelve month high of $35.19. The company has a fifty day moving average price of $30.11 and a two-hundred day moving average price of $28.44. The firm has a market cap of $316.88 million, a P/E ratio of 21.52 and a beta of 1.36.
Wall Street Analyst Weigh In
A number of equities analysts have issued reports on the stock. B. Riley raised their price objective on shares of CPI Card Group from $33.00 to $34.00 and gave the company a "buy" rating in a research note on Wednesday. DA Davidson raised their price target on CPI Card Group from $36.00 to $38.00 and gave the stock a "buy" rating in a research report on Wednesday. Roth Mkm reiterated a "buy" rating and issued a $40.00 price objective on shares of CPI Card Group in a report on Wednesday. Finally, Lake Street Capital increased their target price on CPI Card Group from $33.00 to $37.00 and gave the company a "buy" rating in a research note on Wednesday, December 4th. Four equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Buy" and an average price target of $37.25.
Check Out Our Latest Research Report on PMTS
CPI Card Group Company Profile
(
Get Free Report)
CPI Card Group Inc, together with its subsidiaries, engages in the design, production, data personalization, packaging, and fulfillment of financial payment cards. It operates through Debit and Credit, and Prepaid Debit segments. The Debit and Credit segment produces financial payment cards and provides integrated card services to card-issuing financial institutions.
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