Earnings and Growth Analysis : Cardtronics (NASDAQ:CATM)

0
24

Earnings results for Cardtronics (NASDAQ:CATM)

Estimate Momentum measures change in analyst sentiment over time and may be an indicator of future price movements. The Change in Consensus chart shows the current, 1 week ago, and 1 month ago consensus earnings per share (EPS*) forecasts. For the fiscal quarter endingJun 2020 , the consensus EPS* forecast has remained the same over the past week at -0.15 and remained the same over the past month at -0.15. none raised and none lowered their forecast. For the fiscal year ending Dec 2020 , the consensus EPS* forecast has remained the same over the past week at 0.54 and remained the same over the past month at 0.54 . none raised and none lowered their forecast.

Cardtronics last released its earnings results on May 8th, 2020. The business services provider reported $0.42 earnings per share for the quarter, beating the consensus estimate of $0.38 by $0.04. The company had revenue of $306.60 million for the quarter, compared to analysts’ expectations of $322.44 million. Its revenue was down 3.6% on a year-over-year basis. Cardtronics has generated $2.16 earnings per share over the last year and currently has a price-to-earnings ratio of 21.1. Cardtronics has confirmed that its next quarterly earnings report will be published on Thursday, August 6th, 2020. Cardtronics will be holding an earnings conference call on Thursday, August 6th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Analyst Opinion on Cardtronics (NASDAQ:CATM)

6 Wall Street analysts have issued ratings and price targets for Cardtronics in the last 12 months. Their average twelve-month price target is $39.60, suggesting that the stock has a possible upside of 71.80%. The high price target for CATM is $48.00 and the low price target for CATM is $30.00. There are currently 6 buy ratings for the stock, resulting in a consensus rating of “Buy.”

Cardtronics has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 6 buy ratings, no hold ratings, and no sell ratings. According to analysts’ consensus price target of $39.60, Cardtronics has a potential upside of 71.8% from its current price of $23.05. Cardtronics has only been the subject of 3 research reports in the past 90 days.

Dividend Strength: Cardtronics (NASDAQ:CATM)

Cardtronics does not currently pay a dividend. Cardtronics does not have a long track record of dividend growth.

Insiders buying/selling: Cardtronics (NASDAQ:CATM)

In the past three months, Cardtronics insiders have bought more of their company’s stock than they have sold. Specifically, they have bought $4,652,637.00 in company stock and sold $0.00 in company stock. Only 19.80% of the stock of Cardtronics is held by insiders.

Earnings and Valuation of Cardtronics (NASDAQ:CATM

Earnings for Cardtronics are expected to grow by 168.52% in the coming year, from $0.54 to $1.45 per share. The P/E ratio of Cardtronics is 21.15, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 17.59. The P/E ratio of Cardtronics is 21.15, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 25.29. Cardtronics has a P/B Ratio of 2.70. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

More latest stories: here