CPI Card Group (PMTS) to Release Quarterly Earnings on Tuesday

CPI Card Group (NASDAQ:PMTS - Get Free Report) is set to announce its earnings results before the market opens on Tuesday, November 5th. Analysts expect the company to announce earnings of $0.56 per share for the quarter. Individual that are interested in participating in the company's earnings conference call can do so using this link.

CPI Card Group (NASDAQ:PMTS - Get Free Report) last released its quarterly earnings results on Monday, August 5th. The company reported $0.51 EPS for the quarter, missing analysts' consensus estimates of $0.56 by ($0.05). CPI Card Group had a negative return on equity of 35.79% and a net margin of 4.11%. The business had revenue of $118.82 million for the quarter, compared to the consensus estimate of $111.85 million. During the same period in the prior year, the business posted $0.55 earnings per share. On average, analysts expect CPI Card Group to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

CPI Card Group Trading Down 4.9 %

Shares of NASDAQ:PMTS traded down $1.16 on Tuesday, reaching $22.64. 19,918 shares of the company's stock were exchanged, compared to its average volume of 28,147. CPI Card Group has a twelve month low of $12.65 and a twelve month high of $31.00. The company has a fifty day moving average of $25.68 and a 200-day moving average of $25.33. The company has a market capitalization of $252.66 million, a price-to-earnings ratio of 15.56 and a beta of 1.15.

Analysts Set New Price Targets

Separately, Lake Street Capital raised their price objective on CPI Card Group from $22.00 to $33.00 and gave the stock a "buy" rating in a research note on Tuesday, August 6th.

Insider Buying and Selling

In other CPI Card Group news, insider Sonya Vollmer sold 3,660 shares of the business's stock in a transaction that occurred on Friday, September 13th. The shares were sold at an average price of $25.10, for a total transaction of $91,866.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other news, insider Sonya Vollmer sold 3,660 shares of the stock in a transaction dated Friday, September 13th. The shares were sold at an average price of $25.10, for a total value of $91,866.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder Equity Ulc Parallel49 sold 1,380,000 shares of the business's stock in a transaction on Wednesday, October 2nd. The stock was sold at an average price of $21.00, for a total transaction of $28,980,000.00. Following the sale, the insider now directly owns 4,813,977 shares in the company, valued at approximately $101,093,517. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. 2.20% of the stock is currently owned by company insiders.

About CPI Card Group

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.