Wall Street brokerages expect Cardtronics PLC (NASDAQ:CATM) to report earnings of $0.64 per share for the current fiscal quarter, Zacks reports. Six analysts have issued estimates for Cardtronics PLC’s earnings, with the lowest EPS estimate coming in at $0.61 and the highest estimate coming in at $0.71. Cardtronics PLC posted earnings of $0.72 per share in the same quarter last year, which would suggest a negative year-over-year growth rate of 11.1%. The firm is scheduled to announce its next quarterly earnings results on Thursday, July 27th.
On average, analysts expect that Cardtronics PLC will report full-year earnings of $2.65 per share for the current financial year, with EPS estimates ranging from $2.60 to $2.71. For the next financial year, analysts forecast that the company will report earnings of $2.94 per share, with EPS estimates ranging from $2.86 to $3.02. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side analysts that that provide coverage for Cardtronics PLC.
A number of analysts have commented on the stock. Zacks Investment Research cut shares of Cardtronics PLC from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 9th. TheStreet cut shares of Cardtronics PLC from a “b” rating to a “c+” rating in a research note on Monday, May 8th. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Cardtronics PLC has a consensus rating of “Hold” and an average target price of $47.75.
Hedge funds have recently bought and sold shares of the company. BlackRock Inc. boosted its stake in Cardtronics PLC by 134,627.3% in the first quarter. BlackRock Inc. now owns 5,413,341 shares of the business services provider’s stock worth $253,074,000 after buying an additional 5,409,323 shares in the last quarter. FMR LLC boosted its stake in Cardtronics PLC by 53.8% in the fourth quarter. FMR LLC now owns 2,803,888 shares of the business services provider’s stock worth $153,008,000 after buying an additional 981,332 shares in the last quarter. Vanguard Group Inc. boosted its stake in Cardtronics PLC by 13.0% in the first quarter. Vanguard Group Inc. now owns 5,359,006 shares of the business services provider’s stock worth $250,534,000 after buying an additional 616,530 shares in the last quarter. Norges Bank bought a new stake in Cardtronics PLC during the fourth quarter worth about $32,661,000. Finally, Rothschild Asset Management Inc. bought a new stake in Cardtronics PLC during the third quarter worth about $15,271,000.
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Cardtronics PLC (NASDAQ:CATM) traded up 0.18% on Tuesday, reaching $35.57. 516,294 shares of the company’s stock were exchanged. Cardtronics PLC has a 12 month low of $34.58 and a 12 month high of $56.00. The firm has a market cap of $1.62 billion, a PE ratio of 22.77 and a beta of 0.76. The firm’s 50-day moving average is $42.27 and its 200-day moving average is $48.30.
About Cardtronics PLC
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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