Equities analysts expect that Cardtronics PLC (NASDAQ:CATM) will report sales of $376.60 million for the current fiscal quarter, Zacks reports. Five analysts have made estimates for Cardtronics PLC’s earnings, with the lowest sales estimate coming in at $370.25 million and the highest estimate coming in at $383.02 million. Cardtronics PLC reported sales of $328.33 million during the same quarter last year, which would suggest a positive year over year growth rate of 14.7%. The firm is scheduled to report its next earnings results after the market closes on Thursday, November 2nd.

According to Zacks, analysts expect that Cardtronics PLC will report full year sales of $376.60 million for the current year, with estimates ranging from $1.43 billion to $1.49 billion. For the next fiscal year, analysts expect that the firm will report sales of $1.33 billion per share, with estimates ranging from $1.23 billion to $1.39 billion. Zacks Investment Research’s sales calculations are an average based on a survey of research analysts that that provide coverage for Cardtronics PLC.

Cardtronics PLC (NASDAQ:CATM) last announced its quarterly earnings data on Wednesday, August 2nd. The business services provider reported $0.76 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.72 by $0.04. Cardtronics PLC had a net margin of 4.83% and a return on equity of 28.23%. The business had revenue of $385.11 million for the quarter, compared to analyst estimates of $379.03 million. During the same period last year, the business earned $0.80 EPS. The company’s revenue was up 18.9% on a year-over-year basis.

Several brokerages have recently weighed in on CATM. Bank of America Corporation decreased their target price on shares of Cardtronics PLC from $48.00 to $40.00 and set a “neutral” rating for the company in a research note on Friday, July 7th. Zacks Investment Research downgraded shares of Cardtronics PLC from a “hold” rating to a “strong sell” rating in a research note on Tuesday, July 18th. Lake Street Capital downgraded shares of Cardtronics PLC from a “buy” rating to a “hold” rating and decreased their target price for the company from $40.00 to $31.00 in a research note on Tuesday, September 26th. Finally, William Blair downgraded shares of Cardtronics PLC from an “outperform” rating to a “market perform” rating in a research note on Monday, September 25th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $41.00.

Shares of Cardtronics PLC (CATM) opened at 23.06 on Friday. The stock has a 50 day moving average of $25.45 and a 200-day moving average of $31.34. The firm has a market capitalization of $1.05 billion, a price-to-earnings ratio of 15.91 and a beta of 0.77. Cardtronics PLC has a one year low of $22.66 and a one year high of $56.00.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Riverhead Capital Management LLC boosted its stake in Cardtronics PLC by 77.7% during the 2nd quarter. Riverhead Capital Management LLC now owns 3,731 shares of the business services provider’s stock valued at $123,000 after acquiring an additional 1,631 shares during the last quarter. Flinton Capital Management LLC boosted its stake in Cardtronics PLC by 69.8% during the 2nd quarter. Flinton Capital Management LLC now owns 4,088 shares of the business services provider’s stock valued at $134,000 after acquiring an additional 1,680 shares during the last quarter. Petrus Trust Company LTA boosted its stake in Cardtronics PLC by 1.7% during the 2nd quarter. Petrus Trust Company LTA now owns 6,191 shares of the business services provider’s stock valued at $203,000 after acquiring an additional 104 shares during the last quarter. Campbell & CO Investment Adviser LLC bought a new position in Cardtronics PLC during the 2nd quarter valued at $205,000. Finally, Amalgamated Bank boosted its stake in Cardtronics PLC by 5.6% during the 2nd quarter. Amalgamated Bank now owns 6,294 shares of the business services provider’s stock valued at $207,000 after acquiring an additional 331 shares during the last quarter.

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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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Earnings History and Estimates for Cardtronics PLC (NASDAQ:CATM)

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