Shares of Cardtronics Inc. (NASDAQ:CATM) have earned a consensus rating of “Hold” from the eight ratings firms that are presently covering the company. Four investment analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $44.75.

CATM has been the topic of several recent research reports. Jefferies Group raised their price objective on shares of Cardtronics from $46.00 to $52.00 and gave the company a “buy” rating in a research report on Monday, August 1st. JPMorgan Chase & Co. lowered shares of Cardtronics from an “overweight” rating to a “neutral” rating and lifted their price target for the company from $45.00 to $50.00 in a research report on Friday, August 19th. Finally, Barrington Research lowered shares of Cardtronics from an “outperform” rating to a “market perform” rating in a research report on Friday, July 29th.

In other news, insider Patrick Michael Mccarthy sold 3,034 shares of the firm’s stock in a transaction on Monday, August 8th. The shares were sold at an average price of $46.02, for a total value of $139,624.68. Following the sale, the insider now owns 26,831 shares in the company, valued at $1,234,762.62. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director J Tim Arnoult sold 5,000 shares of the firm’s stock in a transaction on Wednesday, August 10th. The stock was sold at an average price of $45.71, for a total transaction of $228,550.00. Following the completion of the sale, the director now owns 6,648 shares in the company, valued at approximately $303,880.08. The disclosure for this sale can be found here. 1.50% of the stock is currently owned by insiders.

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Large investors have recently bought and sold shares of the company. BlackRock Institutional Trust Company N.A. increased its stake in Cardtronics by 0.5% in the first quarter. BlackRock Institutional Trust Company N.A. now owns 1,123,948 shares of the company’s stock worth $40,451,000 after buying an additional 5,305 shares in the last quarter. BlackRock Group LTD increased its stake in Cardtronics by 9.4% in the first quarter. BlackRock Group LTD now owns 59,202 shares of the company’s stock worth $2,131,000 after buying an additional 5,098 shares in the last quarter. Capstone Asset Management Co. increased its stake in Cardtronics by 3.1% in the second quarter. Capstone Asset Management Co. now owns 13,520 shares of the company’s stock worth $538,000 after buying an additional 410 shares in the last quarter. Glenmede Trust Co. NA increased its stake in Cardtronics by 3.8% in the first quarter. Glenmede Trust Co. NA now owns 1,004,743 shares of the company’s stock worth $36,159,000 after buying an additional 36,523 shares in the last quarter. Finally, BNP Paribas Arbitrage SA increased its stake in Cardtronics by 96.7% in the second quarter. BNP Paribas Arbitrage SA now owns 15,280 shares of the company’s stock worth $608,000 after buying an additional 7,512 shares in the last quarter.

Cardtronics (NASDAQ:CATM) traded up 1.04% on Tuesday, reaching $42.72. 143,775 shares of the company’s stock were exchanged. The firm has a 50 day moving average of $44.99 and a 200 day moving average of $40.13. Cardtronics has a 12 month low of $28.01 and a 12 month high of $48.46. The stock has a market capitalization of $1.93 billion, a PE ratio of 26.92 and a beta of 0.79.

Cardtronics (NASDAQ:CATM) last issued its quarterly earnings data on Thursday, July 28th. The company reported $0.80 earnings per share for the quarter, beating the consensus estimate of $0.77 by $0.03. The firm had revenue of $324 million for the quarter, compared to analyst estimates of $315.48 million. Cardtronics had a net margin of 5.83% and a return on equity of 33.95%. The company’s revenue for the quarter was up 6.7% on a year-over-year basis. During the same quarter last year, the firm earned $0.71 earnings per share. Equities analysts predict that Cardtronics will post $3.25 earnings per share for the current fiscal year.

About Cardtronics

Cardtronics, Inc is a provider of automated consumer financial services. The Company provides these services through its network of automated teller machines (ATMs) and multi-function financial services kiosks. The Company’s operations consisted of its North America and Europe segments. Its North America segment includes operations in all 50 states, Puerto Rico, Canada and Mexico.

5 Day Chart for NASDAQ:CATM

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