Q4 EPS Estimates for CPI Card Group Lowered by Roth Capital

CPI Card Group Inc. (NASDAQ:PMTS - Free Report) - Investment analysts at Roth Capital reduced their Q4 2024 EPS estimates for shares of CPI Card Group in a research report issued to clients and investors on Wednesday, November 6th. Roth Capital analyst C. Irwin now anticipates that the company will post earnings of $0.70 per share for the quarter, down from their prior forecast of $0.80. The consensus estimate for CPI Card Group's current full-year earnings is $2.06 per share. Roth Capital also issued estimates for CPI Card Group's Q1 2025 earnings at $0.53 EPS, Q2 2025 earnings at $0.74 EPS, Q3 2025 earnings at $0.87 EPS, Q4 2025 earnings at $1.00 EPS and FY2025 earnings at $3.14 EPS.

CPI Card Group (NASDAQ:PMTS - Get Free Report) last issued its quarterly earnings results on Monday, August 5th. The company reported $0.51 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.56 by ($0.05). CPI Card Group had a net margin of 4.11% and a negative return on equity of 35.79%. The company had revenue of $118.82 million for the quarter, compared to analyst estimates of $111.85 million. During the same quarter in the previous year, the company posted $0.55 EPS.

Separately, Lake Street Capital boosted their price target on CPI Card Group from $22.00 to $33.00 and gave the company a "buy" rating in a report on Tuesday, August 6th.

CPI Card Group Stock Up 2.1 %

Shares of NASDAQ:PMTS traded up $0.57 during midday trading on Thursday, reaching $27.36. The company's stock had a trading volume of 40,039 shares, compared to its average volume of 28,546. The stock has a fifty day moving average of $25.06 and a 200 day moving average of $25.54. The firm has a market capitalization of $305.34 million, a PE ratio of 17.99 and a beta of 1.21. CPI Card Group has a twelve month low of $12.65 and a twelve month high of $31.00.

Insiders Place Their Bets

In related news, insider Sonya Vollmer sold 3,660 shares of CPI Card Group stock in a transaction on 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 SEC, which is available at this link. 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 stock was sold at an average price of $25.10, for a total transaction of $91,866.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Equity Ulc Parallel49 sold 1,380,000 shares of the firm's stock in a transaction that occurred on Wednesday, October 2nd. The shares were sold at an average price of $21.00, for a total value of $28,980,000.00. Following the completion of the transaction, the insider now owns 4,813,977 shares in the company, valued at approximately $101,093,517. This trade represents 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.

Institutional Investors Weigh In On CPI Card Group

A number of large investors have recently modified their holdings of the business. Pembroke Management LTD lifted its stake in CPI Card Group by 48.7% in the 3rd quarter. Pembroke Management LTD now owns 26,627 shares of the company's stock worth $741,000 after purchasing an additional 8,720 shares in the last quarter. Allspring Global Investments Holdings LLC acquired a new stake in shares of CPI Card Group during the 3rd quarter worth approximately $205,000. Ritholtz Wealth Management acquired a new position in CPI Card Group in the third quarter valued at approximately $449,000. Vector Capital Management L.P. raised its holdings in CPI Card Group by 77.7% in the 2nd quarter. Vector Capital Management L.P. now owns 248,737 shares of the company's stock valued at $6,778,000 after buying an additional 108,756 shares during the period. Finally, Marshall Wace LLP lifted its position in CPI Card Group by 139.0% in the second quarter. Marshall Wace LLP now owns 39,273 shares of the company's stock valued at $1,070,000 after buying an additional 22,841 shares during the last quarter. Hedge funds and other institutional investors own 22.08% of the company's stock.

CPI Card Group Company Profile

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.