Equities analysts expect that CPI Card Group Inc. (NASDAQ:PMTS) (TSE:PNT) will report $0.04 earnings per share for the current quarter, according to Zacks. Four analysts have made estimates for CPI Card Group’s earnings, with the highest EPS estimate coming in at $0.06 and the lowest estimate coming in at $0.01. CPI Card Group posted earnings of $0.11 per share during the same quarter last year, which indicates a negative year-over-year growth rate of 63.6%. The firm is expected to announce its next quarterly earnings report on Wednesday, November 8th.

On average, analysts expect that CPI Card Group will report full year earnings of ($0.02) per share for the current year, with EPS estimates ranging from ($0.09) to $0.02. For the next fiscal year, analysts expect that the business will post earnings of $0.22 per share, with EPS estimates ranging from $0.05 to $0.40. Zacks Investment Research’s earnings per share averages are an average based on a survey of research analysts that cover CPI Card Group.

CPI Card Group (NASDAQ:PMTS) (TSE:PNT) last posted its quarterly earnings results on Wednesday, August 2nd. The credit services provider reported ($0.02) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.01). CPI Card Group had a negative return on equity of 1.51% and a negative net margin of 2.46%. The firm had revenue of $65.85 million for the quarter, compared to analyst estimates of $69.16 million. During the same quarter last year, the firm earned $0.05 EPS. The company’s revenue was down 10.7% on a year-over-year basis.

A number of analysts have recently weighed in on PMTS shares. Zacks Investment Research downgraded shares of CPI Card Group from a “hold” rating to a “sell” rating in a research report on Wednesday, July 19th. Barrington Research downgraded shares of CPI Card Group from a “market perform” rating to an “underperform” rating in a research report on Thursday, August 3rd. ValuEngine raised shares of CPI Card Group from a “sell” rating to a “hold” rating in a research report on Friday, August 4th. Finally, BMO Capital Markets decreased their price target on shares of CPI Card Group from $4.50 to $2.20 and set a “market perform” rating for the company in a research report on Thursday, August 3rd. Four analysts have rated the stock with a sell rating and four have assigned a hold rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $2.85.

Shares of CPI Card Group (PMTS) traded up 3.54% on Monday, hitting $1.17. 180,729 shares of the stock traded hands. The firm’s market cap is $65.07 million. CPI Card Group has a 12-month low of $0.86 and a 12-month high of $6.41. The firm’s 50-day moving average is $1.04 and its 200 day moving average is $2.41.

In related news, insider Lisa Jacoba acquired 43,475 shares of the business’s stock in a transaction that occurred on Wednesday, August 9th. The shares were acquired at an average cost of $1.10 per share, for a total transaction of $47,822.50. Following the completion of the purchase, the insider now directly owns 86,423 shares in the company, valued at $95,065.30. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, VP Jason Bohrer acquired 28,571 shares of the business’s stock in a transaction that occurred on Monday, August 7th. The shares were bought at an average price of $1.38 per share, for a total transaction of $39,427.98. Following the completion of the purchase, the vice president now owns 28,571 shares of the company’s stock, valued at $39,427.98. The disclosure for this purchase can be found here. Over the last 90 days, insiders have purchased 112,046 shares of company stock worth $129,750. Company insiders own 4.60% of the company’s stock.

Several hedge funds and other institutional investors have recently modified their holdings of PMTS. American Century Companies Inc. bought a new stake in shares of CPI Card Group during the second quarter valued at about $109,000. Teachers Advisors LLC raised its stake in shares of CPI Card Group by 21.3% during the second quarter. Teachers Advisors LLC now owns 43,683 shares of the credit services provider’s stock valued at $124,000 after purchasing an additional 7,658 shares in the last quarter. Wells Fargo & Company MN raised its stake in shares of CPI Card Group by 509.0% during the first quarter. Wells Fargo & Company MN now owns 30,680 shares of the credit services provider’s stock valued at $129,000 after purchasing an additional 25,642 shares in the last quarter. QS Investors LLC raised its stake in shares of CPI Card Group by 40.2% during the second quarter. QS Investors LLC now owns 53,178 shares of the credit services provider’s stock valued at $152,000 after purchasing an additional 15,260 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in shares of CPI Card Group by 181.0% during the second quarter. Dimensional Fund Advisors LP now owns 61,110 shares of the credit services provider’s stock valued at $174,000 after purchasing an additional 39,359 shares in the last quarter. Institutional investors and hedge funds own 19.83% of the company’s stock.

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CPI Card Group Company Profile

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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