Analysts Expect Cardtronics PLC (CATM) to Announce $0.62 Earnings Per Share
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.
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.
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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.
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