Cardtronics (NASDAQ:CATM) released its quarterly earnings data on Thursday. The business services provider reported $0.69 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.44 by $0.25, Bloomberg Earnings reports. Cardtronics had a return on equity of 21.51% and a net margin of 1.32%. The company had revenue of $340.80 million for the quarter, compared to the consensus estimate of $331.84 million. During the same quarter last year, the business posted $0.61 EPS. Cardtronics’s revenue for the quarter was down .1% on a year-over-year basis. Cardtronics updated its FY 2019 guidance to $2.24-2.36 EPS and its FY19 guidance to $2.24-2.36 EPS.
CATM traded up $3.10 during midday trading on Friday, hitting $33.12. 2,095,737 shares of the company were exchanged, compared to its average volume of 432,577. The firm has a market capitalization of $1.39 billion, a price-to-earnings ratio of 17.62, a P/E/G ratio of 4.27 and a beta of 1.29. Cardtronics has a 1-year low of $23.57 and a 1-year high of $39.10. The business has a 50 day moving average price of $28.18. The company has a debt-to-equity ratio of 2.33, a current ratio of 0.77 and a quick ratio of 0.74.
Several equities research analysts recently weighed in on CATM shares. Zacks Investment Research downgraded Cardtronics from a “buy” rating to a “hold” rating in a report on Wednesday, July 24th. BidaskClub downgraded Cardtronics from a “hold” rating to a “sell” rating in a report on Friday, July 19th. DA Davidson started coverage on Cardtronics in a report on Thursday, May 30th. They set a “buy” rating on the stock. Barrington Research reissued a “buy” rating and set a $40.00 price objective on shares of Cardtronics in a report on Friday. Finally, ValuEngine downgraded Cardtronics from a “buy” rating to a “hold” rating in a report on Tuesday, May 28th. One research analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $38.25.
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 balance inquiries; and financial related services to cardholders, as well as ATM management and ATM equipment-related services to large retail merchants, smaller retailers, financial institutions, and operators of facilities, such as shopping malls, airports, and train stations.
See Also: What is the Consumer Price Index (CPI)?
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.