CoreCard (CCRD) Stock Price, News & Analysis

Company Overview

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. The company's software solutions allow companies to offer various types of transacting account or card issuing program, as well as installment and revolving loans; set up and maintain account data; record advances and payments; assess fees, interests, and other charges; resolve disputes and chargebacks; manage collections of accounts receivable; generate reports; and settle transactions with financial institutions and network schemes. The company was formerly known as Intelligent Systems Corporation and changed its name to CoreCard Corporation in December 2021. CoreCard Corporation was founded in 1973 and is headquartered in Norcross, Georgia.

Key Stats

• Today's Range: $18.55 to $19.82
• 50-Day Range: $12.23 to $19.71
• 52-Week Range: $10.02 to $19.82
• Volume: 86,501 shs
• Average Volume: 39,899 shs
• Market Capitalization: $155.71 million
• P/E Ratio: 40.22
• Dividend Yield: N/A
• Price Target: $15.00
• Consensus Rating: Hold

CoreCard Stock Analysis - MarketRank™

CoreCard scored higher than 30% of companies evaluated by MarketBeat, and ranked 253rd out of 321 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

CoreCard has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

CoreCard has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 82.00%

Earnings Growth

Earnings for CoreCard are expected to grow by 82.00% in the coming year, from $0.50 to $0.91 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of CoreCard is 40.22, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.81.

Price to Earnings Ratio vs. Sector

The P/E ratio of CoreCard is 40.22, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 29.21.

Price to Book Value per Share Ratio

CoreCard has a P/B Ratio of 3.01. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.50% of the float of CoreCard has been sold short.

Short Interest Ratio / Days to Cover

CoreCard has a short interest ratio ("days to cover") of 9.1.

Change versus previous month

Short interest in CoreCard has recently decreased by 2.83%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

CoreCard does not currently pay a dividend.

Dividend Growth

CoreCard does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

4.50% of the float of CoreCard has been sold short.

Short Interest Ratio / Days to Cover

CoreCard has a short interest ratio ("days to cover") of 9.1.

Change versus previous month

Short interest in CoreCard has recently decreased by 2.83%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: N/A

News Sentiment

CoreCard has a news sentiment score of 0.67. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Business Services companies.

News Coverage This Week

MarketBeat has tracked 1 news article for CoreCard this week, compared to 1 article on an average week.

Search Interest

2 people have searched for CCRD on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, CoreCard insiders have not sold or bought any company stock.

Percentage Held by Insiders

17.20% of the stock of CoreCard is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

43.90% of the stock of CoreCard is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CCRD Stock Analysis - Frequently Asked Questions

How have CCRD shares performed this year?

CoreCard's stock was trading at $13.83 at the start of the year. Since then, CCRD shares have increased by 42.5% and is now trading at $19.71.
View the best growth stocks for 2024 here.

How were CoreCard's earnings last quarter?

CoreCard Co. (NYSE:CCRD) announced its quarterly earnings results on Thursday, August, 1st. The company reported $0.11 EPS for the quarter, topping the consensus estimate of $0.07 by $0.04. The company had revenue of $13.80 million for the quarter, compared to the consensus estimate of $12.13 million. CoreCard had a trailing twelve-month return on equity of 7.67% and a net margin of 7.32%.

Who are CoreCard's major shareholders?

CoreCard's top institutional investors include Geode Capital Management LLC (0.74%), State Street Corp (0.27%), Jane Street Group LLC (0.22%) and FMR LLC (0.08%).

How do I buy shares of CoreCard?

Shares of CCRD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of CoreCard own?

Based on aggregate information from My MarketBeat watchlists, some other companies that CoreCard investors own include Waste Connections (WCN), The RMR Group (RMR), AUO (AUOTY), American Water Works (AWK), DiamondRock Hospitality (DRH), iShares Micro-Cap ETF (IWC) and Triple Flag Precious Metals (TFPM).

Company Calendar

• Last Earnings: 8/01/2024
• Today: 11/23/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/12/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Business Services
• Industry: Prepackaged software
• Sub-Industry: Computer Software
• Current Symbol: NYSE:CCRD
• CUSIP: N/A
• CIK: 320340
• Web: www.intelsys.com
• Phone: (770) 381-2900
• Fax: 770-381-2808
• Employees: 1,150
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $15.00
• High Stock Price Target: $15.00
• Low Stock Price Target: $15.00
• Potential Upside/Downside: -23.9%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.49
• Trailing P/E Ratio: 40.22
• Forward P/E Ratio: 39.42
• P/E Growth: N/A
• Net Income: $3.39 million
• Net Margins: 7.32%
• Pretax Margin: 9.72%
• Return on Equity: 7.67%
• Return on Assets: 6.34%

Debt

• Debt-to-Equity Ratio: 0.04
• Current Ratio: 4.90
• Quick Ratio: 4.90

Sales & Book Value

• Annual Sales: $56 million
• Price / Sales: 2.78
• Cash Flow: $1.39 per share
• Price / Cash Flow: 14.18
• Book Value: $6.54 per share
• Price / Book: 3.01

Miscellaneous

• Outstanding Shares: 7,900,000
• Free Float: 6,542,000
• Market Cap: $155.71 million
• Optionable: Not Optionable
• Beta: 0.39