Cardtronics PLC (NASDAQ:CATM) – Investment analysts at Barrington Research issued their FY2018 earnings per share estimates for shares of Cardtronics in a note issued to investors on Wednesday. Barrington Research analyst G. Prestopino anticipates that the business services provider will post earnings of $1.18 per share for the year.
Other analysts also recently issued reports about the stock. Bank of America set a $19.00 target price on shares of Cardtronics and gave the stock a “sell” rating in a report on Wednesday, February 21st. William Blair reiterated a “market perform” rating on shares of Cardtronics in a report on Wednesday, February 21st. BidaskClub upgraded shares of Cardtronics from a “sell” rating to a “hold” rating in a report on Wednesday, January 3rd. Zacks Investment Research lowered shares of Cardtronics from a “hold” rating to a “sell” rating in a report on Tuesday, January 2nd. Finally, ValuEngine lowered shares of Cardtronics from a “buy” rating to a “hold” rating in a report on Sunday, December 31st. Two analysts have rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $27.25.
Cardtronics (NASDAQ:CATM) last released its earnings results on Tuesday, February 20th. The business services provider reported $0.73 EPS for the quarter, topping analysts’ consensus estimates of $0.55 by $0.18. Cardtronics had a negative net margin of 9.64% and a positive return on equity of 29.93%. The business had revenue of $363.00 million for the quarter, compared to the consensus estimate of $340.23 million. During the same period in the previous year, the firm earned $0.79 EPS. The business’s revenue for the quarter was up 17.6% on a year-over-year basis.
In other news, major shareholder Hudson Executive Capital Lp purchased 322,000 shares of the business’s stock in a transaction dated Wednesday, February 21st. The shares were acquired at an average price of $23.32 per share, for a total transaction of $7,509,040.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.20% of the stock is owned by insiders.
Several hedge funds have recently added to or reduced their stakes in CATM. State Street Corp raised its holdings in shares of Cardtronics by 9.1% during the second quarter. State Street Corp now owns 1,254,003 shares of the business services provider’s stock valued at $41,206,000 after acquiring an additional 104,252 shares during the period. The Manufacturers Life Insurance Company increased its stake in Cardtronics by 1.8% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 35,154 shares of the business services provider’s stock valued at $1,156,000 after buying an additional 637 shares during the period. Fox Run Management L.L.C. increased its stake in Cardtronics by 280.6% in the 3rd quarter. Fox Run Management L.L.C. now owns 25,500 shares of the business services provider’s stock valued at $587,000 after buying an additional 18,800 shares during the period. Crossmark Global Holdings Inc. acquired a new position in Cardtronics in the 3rd quarter valued at approximately $268,000. Finally, Palisade Capital Management LLC NJ increased its stake in Cardtronics by 22.6% in the 3rd quarter. Palisade Capital Management LLC NJ now owns 29,120 shares of the business services provider’s stock valued at $670,000 after buying an additional 5,370 shares during the period. Institutional investors and hedge funds own 97.26% of the company’s stock.
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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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