Cardtronics Inc. Sets New 1-Year High at $38.23 (CATM)
Cardtronics (NASDAQ:CATM) set a new 52-week high on Monday, American Banking News.com reports. The company traded as high as $38.23 and last traded at $38.22, with a volume of 194,362 shares. The stock had previously closed at $37.68.
A number of research firms have recently commented on CATM. Analysts at Zacks downgraded shares of Cardtronics from an “outperform” rating to a “neutral” rating in a research note to investors on Wednesday, October 9th. They now have a $41.00 price target on the stock. Separately, analysts at Jefferies Group reiterated a “buy” rating on shares of Cardtronics in a research note to investors on Friday, October 4th. They now have a $43.00 price target on the stock, up previously from $38.00. Finally, analysts at Compass Point downgraded shares of Cardtronics from a “buy” rating to a “neutral” rating in a research note to investors on Tuesday, August 6th. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Cardtronics presently has an average rating of “Buy” and an average target price of $37.00.
Cardtronics has a 52 week low of $22.20 and a 52 week high of $38.23. The stock has a 50-day moving average of $36.51 and a 200-day moving average of $31.41. The company has a market cap of $1.716 billion and a P/E ratio of 35.25.
Cardtronics (NASDAQ:CATM) last released its earnings data on Wednesday, July 31st. The company reported $0.49 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.42 by $0.07. The company had revenue of $207.98 million for the quarter, compared to the consensus estimate of $207.93 million. During the same quarter in the prior year, the company posted $0.38 earnings per share. The company’s quarterly revenue was up 8.3% on a year-over-year basis. On average, analysts predict that Cardtronics will post $1.86 earnings per share for the current fiscal year.
Cardtronics, Inc (NASDAQ:CATM) provides automated consumer financial services through its network of automated teller machines (ATMs) and multi-function financial services kiosks.
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