Analysts forecast that Cardtronics PLC (NASDAQ:CATM) will report sales of $334.90 million for the current fiscal quarter, Zacks reports. Four analysts have made estimates for Cardtronics’ earnings. The lowest sales estimate is $329.50 million and the highest is $337.23 million. Cardtronics reported sales of $327.90 million in the same quarter last year, which indicates a positive year over year growth rate of 2.1%. The company is expected to issue its next quarterly earnings report on Thursday, February 20th.
According to Zacks, analysts expect that Cardtronics will report full-year sales of $1.35 billion for the current fiscal year, with estimates ranging from $1.34 billion to $1.35 billion. For the next fiscal year, analysts anticipate that the firm will post sales of $1.41 billion, with estimates ranging from $1.40 billion to $1.42 billion. Zacks Investment Research’s sales calculations are an average based on a survey of research analysts that that provide coverage for Cardtronics.
Cardtronics (NASDAQ:CATM) last announced its quarterly earnings data on Wednesday, October 30th. The business services provider reported $0.79 earnings per share for the quarter, beating analysts’ consensus estimates of $0.63 by $0.16. Cardtronics had a return on equity of 24.63% and a net margin of 2.21%. The business had revenue of $351.51 million for the quarter, compared to analyst estimates of $349.57 million. During the same period in the prior year, the company earned $0.62 earnings per share. The company’s revenue was up 3.3% on a year-over-year basis.
Shares of CATM traded up $0.88 during mid-day trading on Tuesday, reaching $39.64. The company had a trading volume of 556,600 shares, compared to its average volume of 430,417. Cardtronics has a 52-week low of $23.57 and a 52-week high of $39.70. The company has a quick ratio of 0.73, a current ratio of 0.75 and a debt-to-equity ratio of 2.37. The stock has a market capitalization of $1.67 billion, a P/E ratio of 21.09, a PEG ratio of 4.52 and a beta of 1.33. The stock has a 50 day moving average of $32.58 and a two-hundred day moving average of $31.02.
Several institutional investors and hedge funds have recently modified their holdings of the company. Russell Investments Group Ltd. boosted its stake in shares of Cardtronics by 35.7% in the third quarter. Russell Investments Group Ltd. now owns 40,973 shares of the business services provider’s stock worth $1,236,000 after buying an additional 10,780 shares during the last quarter. California Public Employees Retirement System boosted its position in Cardtronics by 20.9% during the third quarter. California Public Employees Retirement System now owns 71,292 shares of the business services provider’s stock worth $2,156,000 after purchasing an additional 12,321 shares in the last quarter. State of Tennessee Treasury Department boosted its position in Cardtronics by 61.8% during the third quarter. State of Tennessee Treasury Department now owns 24,439 shares of the business services provider’s stock worth $739,000 after purchasing an additional 9,337 shares in the last quarter. Rhumbline Advisers boosted its position in Cardtronics by 2.0% during the third quarter. Rhumbline Advisers now owns 113,395 shares of the business services provider’s stock worth $3,429,000 after purchasing an additional 2,185 shares in the last quarter. Finally, State of New Jersey Common Pension Fund D purchased a new position in Cardtronics during the third quarter worth approximately $2,452,000.
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 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.
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