Cardtronics PLC Expected to Earn FY2019 Earnings of $2.58 Per Share (NASDAQ:CATM)
Cardtronics PLC (NASDAQ:CATM) – Research analysts at William Blair issued their FY2019 earnings estimates for shares of Cardtronics PLC in a research note issued on Thursday. William Blair analyst R. Napoli forecasts that the business services provider will post earnings per share of $2.58 for the year.
Cardtronics PLC (NASDAQ:CATM) last issued its earnings results on Wednesday, August 2nd. The business services provider reported $0.76 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.72 by $0.04. Cardtronics PLC had a return on equity of 28.23% and a net margin of 4.83%. The business had revenue of $385.11 million during the quarter, compared to analysts’ expectations of $379.03 million. During the same period in the prior year, the firm posted $0.80 EPS. Cardtronics PLC’s quarterly revenue was up 18.9% compared to the same quarter last year. COPYRIGHT VIOLATION NOTICE: “Cardtronics PLC Expected to Earn FY2019 Earnings of $2.58 Per Share (NASDAQ:CATM)” was originally published by American Banking News and is the sole property of of American Banking News. If you are accessing this story on another website, it was illegally copied and republished in violation of United States & international trademark & copyright legislation. The correct version of this story can be accessed at https://www.americanbankingnews.com/2017/08/07/cardtronics-plc-expected-to-earn-fy2019-earnings-of-2-58-per-share-nasdaqcatm.html.
Other research analysts also recently issued reports about the stock. Lake Street Capital began coverage on shares of Cardtronics PLC in a research report on Monday, June 19th. They set a “buy” rating and a $46.00 price objective for the company. Zacks Investment Research downgraded shares of Cardtronics PLC from a “hold” rating to a “strong sell” rating in a research report on Tuesday, July 18th. BidaskClub downgraded shares of Cardtronics PLC from a “sell” rating to a “strong sell” rating in a research report on Friday, June 23rd. TheStreet downgraded shares of Cardtronics PLC from a “b” rating to a “c+” rating in a research report on Monday, May 8th. Finally, ValuEngine downgraded shares of Cardtronics PLC from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $46.17.
Cardtronics PLC (NASDAQ:CATM) opened at 26.59 on Monday. The stock has a 50 day moving average price of $32.44 and a 200-day moving average price of $40.77. The firm has a market capitalization of $1.21 billion, a PE ratio of 18.40 and a beta of 0.75. Cardtronics PLC has a one year low of $26.44 and a one year high of $56.00.
In other Cardtronics PLC news, EVP Phillip Pilsuh Chin sold 825 shares of the business’s stock in a transaction that occurred on Monday, June 19th. The shares were sold at an average price of $34.03, for a total transaction of $28,074.75. Following the completion of the transaction, the executive vice president now directly owns 2,469 shares in the company, valued at $84,020.07. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Gerardo Garcia sold 3,000 shares of the company’s stock in a transaction on Monday, June 5th. The stock was sold at an average price of $33.81, for a total transaction of $101,430.00. Following the transaction, the insider now owns 3,743 shares of the company’s stock, valued at $126,550.83. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 22,546 shares of company stock valued at $770,512. Company insiders own 1.20% of the company’s stock.
Hedge funds and other institutional investors have recently made changes to their positions in the company. Flinton Capital Management LLC increased its position in shares of Cardtronics PLC by 6.2% in the first quarter. Flinton Capital Management LLC now owns 2,408 shares of the business services provider’s stock valued at $113,000 after buying an additional 140 shares during the period. Neuburgh Advisers LLC increased its position in shares of Cardtronics PLC by 6.2% in the first quarter. Neuburgh Advisers LLC now owns 2,924 shares of the business services provider’s stock valued at $137,000 after buying an additional 170 shares during the period. LS Investment Advisors LLC increased its position in shares of Cardtronics PLC by 79.9% in the first quarter. LS Investment Advisors LLC now owns 3,064 shares of the business services provider’s stock valued at $143,000 after buying an additional 1,361 shares during the period. Campbell & CO Investment Adviser LLC bought a new position in shares of Cardtronics PLC during the second quarter valued at about $205,000. Finally, Fox Run Management L.L.C. bought a new position in shares of Cardtronics PLC during the second quarter valued at about $220,000.
About Cardtronics PLC
Cardtronics plc, formerly Cardtronics, Inc, provides automated consumer financial services through its network of automated teller machines (ATMS) and multi-function financial services kiosks. The Company’s operations consists of its North America, Europe, and Corporate & Other segments. Its ATM operations in the United States, Canada, Mexico and Puerto Rico are included in its North America segment.
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