CoreCard (NYSE:CCRD - Get Free Report) is set to post its quarterly earnings results before the market opens on Thursday, October 31st. Analysts expect the company to announce earnings of $0.16 per share for the quarter. Parties interested in participating in the company's conference call can do so using this link.
CoreCard (NYSE:CCRD - Get Free Report) last released its quarterly earnings data on Thursday, August 1st. The company reported $0.11 earnings per share for the quarter, beating the consensus estimate of $0.07 by $0.04. CoreCard had a net margin of 3.03% and a return on equity of 4.87%. The firm had revenue of $13.80 million during the quarter, compared to analysts' expectations of $12.13 million. During the same period in the previous year, the company earned $0.22 earnings per share.
CoreCard Stock Performance
CCRD stock traded up $0.81 on Thursday, hitting $13.10. The company had a trading volume of 55,254 shares, compared to its average volume of 39,193. The company has a current ratio of 5.08, a quick ratio of 5.08 and a debt-to-equity ratio of 0.04. CoreCard has a 12-month low of $10.02 and a 12-month high of $21.75. The stock has a market cap of $106.91 million, a price-to-earnings ratio of 43.87 and a beta of 0.41. The stock's 50-day simple moving average is $13.91 and its 200 day simple moving average is $13.31.
Wall Street Analyst Weigh In
Separately, B. Riley downgraded CoreCard from a "buy" rating to a "neutral" rating and dropped their price target for the stock from $19.00 to $15.00 in a research note on Thursday, October 3rd.
View Our Latest Analysis on CCRD
About CoreCard
(
Get Free Report)
CoreCard Corporation, together with its subsidiaries, offers technology solutions and processing services to the financial technology and services market in the United States, Europe, and the Middle East. It designs, develops, and markets a suite of software solutions to program managers, accounts receivable businesses, financial institutions, retailers, and processors to manage their credit and debit cards, prepaid cards, private label cards, fleet cards, buy now pay later programs, loyalty programs, and accounts receivable and loan transactions.
Recommended Stories
Before you consider CoreCard, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and CoreCard wasn't on the list.
While CoreCard currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
