Equities analysts forecast that CPI Card Group Inc (NASDAQ:PMTS) (TSE:PNT) will post earnings per share of ($0.15) for the current fiscal quarter, Zacks reports. Three analysts have provided estimates for CPI Card Group’s earnings. The highest EPS estimate is $0.00 and the lowest is ($0.30). CPI Card Group posted earnings of ($0.25) per share in the same quarter last year, which would suggest a positive year over year growth rate of 40%. The business is expected to issue its next earnings results on Wednesday, May 2nd.
According to Zacks, analysts expect that CPI Card Group will report full-year earnings of ($0.20) per share for the current financial year, with EPS estimates ranging from ($0.30) to ($0.10). Zacks’ EPS averages are an average based on a survey of sell-side research firms that follow CPI Card Group.
PMTS has been the topic of several recent analyst reports. Robert W. Baird reiterated a “hold” rating and issued a $5.00 price target on shares of CPI Card Group in a report on Thursday, December 21st. ValuEngine upgraded shares of CPI Card Group from a “sell” rating to a “hold” rating in a report on Wednesday, December 20th. Finally, Zacks Investment Research upgraded shares of CPI Card Group from a “sell” rating to a “hold” rating in a report on Thursday, March 1st. One analyst has rated the stock with a sell rating and six have issued a hold rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $5.75.
Shares of CPI Card Group (PMTS) opened at $3.14 on Friday. CPI Card Group has a fifty-two week low of $2.45 and a fifty-two week high of $22.75. The company has a debt-to-equity ratio of -2.87, a current ratio of 2.68 and a quick ratio of 2.09.
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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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