Cardtronics (NASDAQ:CATM) was downgraded by investment analysts at BidaskClub from a “hold” rating to a “sell” rating in a research note issued to investors on Tuesday, September 18th.

A number of other research analysts have also recently commented on the stock. Zacks Investment Research cut shares of Cardtronics from a “buy” rating to a “hold” rating in a research note on Monday, July 9th. ValuEngine upgraded shares of Cardtronics from a “strong sell” rating to a “sell” rating in a research note on Thursday, June 21st. TheStreet upgraded shares of Cardtronics from a “d+” rating to a “c-” rating in a research note on Monday, August 27th. Finally, Barrington Research reiterated a “hold” rating on shares of Cardtronics in a research note on Tuesday, July 31st. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $29.25.

Cardtronics stock traded up $0.41 during mid-day trading on Tuesday, hitting $32.49. 521,508 shares of the company’s stock were exchanged, compared to its average volume of 604,918. The company has a market capitalization of $1.46 billion, a price-to-earnings ratio of 11.73, a PEG ratio of 1.65 and a beta of 1.19. Cardtronics has a 1-year low of $15.80 and a 1-year high of $39.10. The company has a debt-to-equity ratio of 2.21, a current ratio of 0.89 and a quick ratio of 0.85.

Cardtronics (NASDAQ:CATM) last issued its quarterly earnings results on Thursday, August 2nd. The business services provider reported $0.61 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.39 by $0.22. Cardtronics had a positive return on equity of 24.21% and a negative net margin of 11.00%. The company had revenue of $341.00 million for the quarter, compared to the consensus estimate of $324.03 million. During the same period last year, the business posted $0.76 earnings per share. The firm’s revenue was down 11.5% compared to the same quarter last year. As a group, sell-side analysts anticipate that Cardtronics will post 1.6 earnings per share for the current year.

In other news, Director Hudson Executive Capital Lp purchased 25,200 shares of the firm’s stock in a transaction dated Friday, August 10th. The stock was bought at an average price of $29.97 per share, with a total value of $755,244.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Mark Rossi purchased 5,000 shares of the firm’s stock in a transaction dated Monday, August 13th. The stock was purchased at an average cost of $30.25 per share, with a total value of $151,250.00. The disclosure for this purchase can be found here. Insiders own 0.60% of the company’s stock.

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Fox Run Management L.L.C. bought a new stake in Cardtronics in the 3rd quarter valued at $520,000. Jane Street Group LLC bought a new stake in Cardtronics during the 2nd quarter worth about $496,000. California Public Employees Retirement System lifted its position in Cardtronics by 3.0% during the 2nd quarter. California Public Employees Retirement System now owns 171,239 shares of the business services provider’s stock worth $4,141,000 after buying an additional 5,040 shares in the last quarter. Millennium Management LLC bought a new stake in Cardtronics during the 2nd quarter worth about $7,152,000. Finally, Tower Research Capital LLC TRC lifted its position in Cardtronics by 135.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 9,540 shares of the business services provider’s stock worth $231,000 after buying an additional 5,481 shares in the last quarter.

Cardtronics Company Profile

Cardtronics plc provides automated consumer financial services through its network of automated teller machines (ATMs) and multi-function financial services kiosks. The company offers cash dispensing and bank balance inquiries; and financial related services to cardholders, as well as ATM management and ATM equipment-related services to large retail merchants, smaller retailers, and operators of facilities, such as shopping malls, airports, and train stations.

Further Reading: Short Selling Stocks, A Beginner’s Guide

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.