Brokerages predict that Cardtronics PLC (NASDAQ:CATM) will post $0.62 earnings per share for the current quarter, Zacks reports. Six analysts have made estimates for Cardtronics’ earnings, with the highest EPS estimate coming in at $0.66 and the lowest estimate coming in at $0.57. Cardtronics posted earnings of $0.79 per share during the same quarter last year, which would indicate a negative year over year growth rate of 21.5%. The firm is scheduled to issue its next quarterly earnings results on Thursday, February 8th.

On average, analysts expect that Cardtronics will report full-year earnings of $2.89 per share for the current financial year, with EPS estimates ranging from $2.84 to $2.93. For the next year, analysts forecast that the company will post earnings of $2.14 per share, with EPS estimates ranging from $2.05 to $2.27. Zacks’ EPS calculations are an average based on a survey of sell-side analysts that that provide coverage for Cardtronics.

Cardtronics (NASDAQ:CATM) last issued its earnings results on Thursday, November 2nd. The business services provider reported $0.96 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.86 by $0.10. Cardtronics had a positive return on equity of 29.32% and a negative net margin of 9.37%. The business had revenue of $402.00 million during the quarter, compared to analyst estimates of $383.97 million. During the same quarter in the previous year, the firm earned $0.98 EPS. Cardtronics’s revenue was up 22.4% on a year-over-year basis.

Several research firms have recently commented on CATM. Lake Street Capital lowered shares of Cardtronics from a “buy” rating to a “hold” rating and reduced their price target for the company from $40.00 to $31.00 in a research report on Tuesday, September 26th. William Blair lowered shares of Cardtronics from an “outperform” rating to a “market perform” rating in a research report on Monday, September 25th. Zacks Investment Research lowered shares of Cardtronics from a “hold” rating to a “sell” rating in a research report on Tuesday, October 3rd. BidaskClub raised shares of Cardtronics from a “sell” rating to a “hold” rating in a research report on Wednesday. Finally, ValuEngine lowered shares of Cardtronics from a “buy” rating to a “hold” rating in a research report on Sunday, December 31st. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $32.00.

Shares of Cardtronics (NASDAQ CATM) traded down $0.21 during trading hours on Friday, reaching $20.11. The company’s stock had a trading volume of 536,493 shares, compared to its average volume of 482,212. Cardtronics has a fifty-two week low of $15.80 and a fifty-two week high of $55.89. The company has a current ratio of 0.82, a quick ratio of 0.78 and a debt-to-equity ratio of 2.64. The stock has a market cap of $918.64, a price-to-earnings ratio of -6.73, a price-to-earnings-growth ratio of 0.90 and a beta of 0.64.

In other news, CFO Edward H. West bought 12,500 shares of Cardtronics stock in a transaction that occurred on Tuesday, November 7th. The stock was bought at an average cost of $17.29 per share, with a total value of $216,125.00. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Mark Rossi bought 2,500 shares of Cardtronics stock in a transaction that occurred on Monday, November 13th. The stock was purchased at an average cost of $16.81 per share, with a total value of $42,025.00. The disclosure for this purchase can be found here. Insiders have bought a total of 20,000 shares of company stock valued at $343,150 in the last ninety days. Insiders own 1.20% of the company’s stock.

Institutional investors have recently added to or reduced their stakes in the stock. Quantbot Technologies LP increased its holdings in Cardtronics by 52.4% in the 3rd quarter. Quantbot Technologies LP now owns 27,727 shares of the business services provider’s stock worth $637,000 after acquiring an additional 9,530 shares in the last quarter. Comerica Bank increased its holdings in Cardtronics by 9.3% in the 2nd quarter. Comerica Bank now owns 59,014 shares of the business services provider’s stock worth $1,801,000 after acquiring an additional 5,029 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in Cardtronics by 19.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 362,652 shares of the business services provider’s stock worth $8,642,000 after acquiring an additional 60,183 shares in the last quarter. Piedmont Investment Advisors LLC purchased a new stake in Cardtronics in the 2nd quarter worth approximately $324,000. Finally, Arrowstreet Capital Limited Partnership increased its holdings in Cardtronics by 25.4% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 95,730 shares of the business services provider’s stock worth $3,146,000 after acquiring an additional 19,392 shares in the last quarter.

COPYRIGHT VIOLATION NOTICE: This article was first posted by Marea Informative and is the sole property of of Marea Informative. If you are viewing this article on another publication, it was stolen and reposted in violation of US and international copyright law. The original version of this article can be viewed at https://www.mareainformativa.com/2018/01/30/analysts-expect-cardtronics-plc-catm-to-announce-0-62-earnings-per-share-updated-updated-updated.html.

Cardtronics Company Profile

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.

Get a free copy of the Zacks research report on Cardtronics (CATM)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

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.