Shares of CPI Card Group Inc. (NASDAQ:PMTS) (TSE:PNT) have earned a consensus recommendation of “Hold” from the six research firms that are covering the stock, MarketBeat Ratings reports. Three investment analysts have rated the stock with a sell rating and three have issued a hold rating on the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $1.30.

A number of equities research analysts recently commented on PMTS shares. Barrington Research lowered shares of CPI Card Group from a “market perform” rating to an “underperform” rating in a report on Thursday, August 3rd. BMO Capital Markets dropped their price objective on shares of CPI Card Group from $4.50 to $2.20 and set a “market perform” rating on the stock in a report on Thursday, August 3rd. Finally, ValuEngine upgraded shares of CPI Card Group from a “sell” rating to a “hold” rating in a report on Friday, August 4th.

Large investors have recently modified their holdings of the stock. American Century Companies Inc. acquired a new stake in shares of CPI Card Group during the second quarter worth $109,000. MUFG Americas Holdings Corp acquired a new stake in CPI Card Group in the 3rd quarter valued at $118,000. Teachers Advisors LLC increased its stake in CPI Card Group by 21.3% in the 2nd quarter. Teachers Advisors LLC now owns 43,683 shares of the credit services provider’s stock valued at $124,000 after buying an additional 7,658 shares during the last quarter. QS Investors LLC increased its stake in CPI Card Group by 40.2% in the 2nd quarter. QS Investors LLC now owns 53,178 shares of the credit services provider’s stock valued at $152,000 after buying an additional 15,260 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in CPI Card Group by 181.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 61,110 shares of the credit services provider’s stock valued at $174,000 after buying an additional 39,359 shares during the last quarter. Institutional investors and hedge funds own 11.51% of the company’s stock.

Shares of CPI Card Group (PMTS) traded up $0.01 during trading hours on Thursday, hitting $0.88. 245,551 shares of the company were exchanged, compared to its average volume of 342,184. CPI Card Group has a fifty-two week low of $0.78 and a fifty-two week high of $5.10. The company has a current ratio of 2.68, a quick ratio of 2.09 and a debt-to-equity ratio of -2.87.

CPI Card Group (NASDAQ:PMTS) (TSE:PNT) last issued its quarterly earnings data on Tuesday, November 7th. The credit services provider reported $0.02 EPS for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.01). CPI Card Group had a negative return on equity of 1.51% and a negative net margin of 4.44%. The company had revenue of $68.00 million for the quarter, compared to analyst estimates of $74.73 million. During the same quarter in the previous year, the business earned $0.11 earnings per share. The company’s revenue was down 16.3% on a year-over-year basis. research analysts predict that CPI Card Group will post -0.08 earnings per share for the current fiscal year.

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About CPI Card Group

CPI Card Group Inc, formerly CPI Holdings I, Inc, provides Financial Payment Card solutions in North America. The Company is engaged in the design, production, data personalization, packaging and fulfillment of Financial Payment Cards, which it defines as credit cards, debit cards and prepaid debit cards issued on the networks of the Payment Card Brands in the United States, Europe and Canada.

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