William Blair Weighs in on Cardtronics PLC’s FY2019 Earnings (NASDAQ:CATM)

Cardtronics PLC (NASDAQ:CATM) – Research analysts at William Blair issued their FY2019 earnings per share (EPS) estimates for Cardtronics PLC in a note issued to investors on Thursday. William Blair analyst R. Napoli anticipates that the business services provider will post earnings of $2.58 per share for the year.

Cardtronics PLC (NASDAQ:CATM) last issued its quarterly earnings data on Wednesday, August 2nd. The business services provider reported $0.76 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.72 by $0.04. The firm had revenue of $385.11 million for the quarter, compared to analyst estimates of $379.03 million. Cardtronics PLC had a return on equity of 28.23% and a net margin of 4.83%. The business’s quarterly revenue was up 18.9% compared to the same quarter last year. During the same period last year, the company earned $0.80 EPS. WARNING: This story was posted by BNB Daily and is the sole property of of BNB Daily. If you are viewing this story on another domain, it was stolen and reposted in violation of United States and international trademark and copyright laws. The original version of this story can be accessed at https://www.baseball-news-blog.com/2017/08/19/william-blair-weighs-in-on-cardtronics-plcs-fy2019-earnings-nasdaqcatm-updated.html.

A number of other equities research analysts also recently issued reports on the company. Zacks Investment Research upgraded Cardtronics PLC from a “hold” rating to a “strong-buy” rating and set a $41.00 price objective on the stock in a research report on Monday, May 8th. BidaskClub downgraded Cardtronics PLC from a “sell” rating to a “strong sell” rating in a research report on Friday, June 23rd. Bank of America Corporation reduced their price target on Cardtronics PLC from $48.00 to $40.00 and set a “neutral” rating on the stock in a report on Friday, July 7th. TheStreet downgraded Cardtronics PLC from a “b” rating to a “c+” rating in a report on Monday, May 8th. Finally, ValuEngine downgraded Cardtronics PLC from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the stock. Cardtronics PLC presently has an average rating of “Hold” and an average target price of $46.17.

Shares of Cardtronics PLC (CATM) traded up 0.26% during midday trading on Monday, hitting $26.81. The stock had a trading volume of 240,211 shares. The company’s 50 day moving average is $32.44 and its 200 day moving average is $40.77. Cardtronics PLC has a 52-week low of $26.25 and a 52-week high of $56.00. The company has a market cap of $1.22 billion, a PE ratio of 18.55 and a beta of 0.75.

Several large investors have recently modified their holdings of CATM. 1st Global Advisors Inc. increased its stake in shares of Cardtronics PLC by 0.8% in the first quarter. 1st Global Advisors Inc. now owns 5,109 shares of the business services provider’s stock valued at $239,000 after buying an additional 40 shares during the last quarter. Arizona State Retirement System increased its position in Cardtronics PLC by 0.4% in the second quarter. Arizona State Retirement System now owns 23,837 shares of the business services provider’s stock valued at $783,000 after buying an additional 100 shares during the last quarter. State of Alaska Department of Revenue increased its position in Cardtronics PLC by 2.7% in the first quarter. State of Alaska Department of Revenue now owns 5,030 shares of the business services provider’s stock valued at $235,000 after buying an additional 130 shares during the last quarter. Flinton Capital Management LLC increased its position in Cardtronics PLC by 6.2% in the first quarter. Flinton Capital Management LLC now owns 2,408 shares of the business services provider’s stock valued at $113,000 after buying an additional 140 shares during the last quarter. Finally, Neuburgh Advisers LLC increased its position in Cardtronics PLC by 6.2% in the first quarter. Neuburgh Advisers LLC now owns 2,924 shares of the business services provider’s stock valued at $137,000 after buying an additional 170 shares during the last quarter.

In other news, EVP Phillip Pilsuh Chin sold 825 shares of the stock in a transaction that occurred on Monday, June 19th. The stock was sold at an average price of $34.03, for a total value of $28,074.75. Following the sale, the executive vice president now directly owns 2,469 shares in the company, valued at $84,020.07. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, insider Gerardo Garcia sold 3,000 shares of the stock in a transaction that occurred on Monday, June 5th. The stock was sold at an average price of $33.81, for a total value of $101,430.00. Following the completion of the sale, the insider now owns 3,743 shares in the company, valued at $126,550.83. The disclosure for this sale can be found here. Over the last quarter, insiders sold 22,546 shares of company stock worth $770,512. Company insiders own 1.20% of the company’s stock.

Cardtronics PLC 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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