Cardtronics PLC (CATM) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Cardtronics PLC (NASDAQ:CATM) have received an average rating of “Hold” from the ten brokerages that are covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $27.25.

CATM has been the subject of several analyst reports. Bank of America reiterated an “underperform” rating on shares of Cardtronics in a research note on Thursday, January 18th. SunTrust Banks increased their price objective on shares of Cardtronics to $30.00 and gave the company a “buy” rating in a research note on Wednesday, February 21st. BidaskClub upgraded shares of Cardtronics from a “hold” rating to a “buy” rating in a research note on Wednesday, January 31st. Zacks Investment Research lowered shares of Cardtronics from a “hold” rating to a “sell” rating in a research note on Friday, January 26th. Finally, Wells Fargo upgraded shares of Cardtronics from a “market perform” rating to an “outperform” rating and set a $29.00 price target for the company in a research note on Wednesday, January 24th.

How to Become a New Pot Stock Millionaire

In related news, major shareholder Hudson Executive Capital Lp purchased 322,000 shares of the firm’s stock in a transaction dated Wednesday, February 21st. The stock was bought at an average price of $23.32 per share, for a total transaction of $7,509,040.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Joseph Bradley Nolan purchased 5,725 shares of the firm’s stock in a transaction dated Wednesday, March 7th. The shares were bought at an average price of $26.16 per share, with a total value of $149,766.00. The disclosure for this purchase can be found here. Company insiders own 1.20% of the company’s stock.

Institutional investors have recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP grew its stake in Cardtronics by 8.2% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,336,328 shares of the business services provider’s stock valued at $30,750,000 after buying an additional 101,333 shares in the last quarter. Quantbot Technologies LP grew its stake in Cardtronics by 52.4% in the 3rd quarter. Quantbot Technologies LP now owns 27,727 shares of the business services provider’s stock valued at $637,000 after buying an additional 9,530 shares in the last quarter. JPMorgan Chase & Co. grew its stake in Cardtronics by 19.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 362,652 shares of the business services provider’s stock valued at $8,642,000 after buying an additional 60,183 shares in the last quarter. Cornerstone Capital Management Holdings LLC. purchased a new position in Cardtronics in the 3rd quarter valued at approximately $756,000. Finally, TD Asset Management Inc. purchased a new position in Cardtronics in the 3rd quarter valued at approximately $794,000.

Shares of CATM stock opened at $25.01 on Friday. The company has a debt-to-equity ratio of 2.35, a current ratio of 0.82 and a quick ratio of 0.79. The company has a market cap of $1,216.73, a PE ratio of -7.86, a price-to-earnings-growth ratio of 2.03 and a beta of 0.92. Cardtronics has a one year low of $15.80 and a one year high of $46.95.

Cardtronics (NASDAQ:CATM) last posted its quarterly earnings data on Tuesday, February 20th. The business services provider reported $0.73 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.55 by $0.18. The firm had revenue of $363.00 million during the quarter, compared to analyst estimates of $340.23 million. Cardtronics had a negative net margin of 9.64% and a positive return on equity of 29.93%. The company’s revenue for the quarter was up 17.6% on a year-over-year basis. During the same quarter last year, the business posted $0.79 EPS. equities research analysts forecast that Cardtronics will post 1.19 earnings per share for the current year.

ILLEGAL ACTIVITY NOTICE: This piece of content was first reported by Ticker Report and is owned by of Ticker Report. If you are viewing this piece of content on another website, it was illegally copied and reposted in violation of United States & international trademark & copyright law. The legal version of this piece of content can be accessed at https://www.tickerreport.com/banking-finance/3294781/cardtronics-plc-catm-receives-consensus-recommendation-of-hold-from-analysts.html.

About Cardtronics

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.

Analyst Recommendations for Cardtronics (NASDAQ:CATM)

Receive News & Ratings for Cardtronics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cardtronics and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Harris  and FLIR Systems  Critical Comparison
Harris and FLIR Systems Critical Comparison
Brink’s  Releases FY18 Earnings Guidance
Brink’s Releases FY18 Earnings Guidance
Accelerate Diagnostics  versus Horiba  Critical Comparison
Accelerate Diagnostics versus Horiba Critical Comparison
Analysts Anticipate Radware  Will Post Earnings of $0.05 Per Share
Analysts Anticipate Radware Will Post Earnings of $0.05 Per Share
Zacks: Brokerages Expect Columbia Banking System, Inc.  Will Announce Quarterly Sales of $142.70 Million
Zacks: Brokerages Expect Columbia Banking System, Inc. Will Announce Quarterly Sales of $142.70 Million
Zacks: Analysts Expect Hydrogenics  Will Post Quarterly Sales of $10.20 Million
Zacks: Analysts Expect Hydrogenics Will Post Quarterly Sales of $10.20 Million


© 2006-2018 Ticker Report. Google+.