Cardtronics PLC (NASDAQ:CATM)’s share price reached a new 52-week low during mid-day trading on Monday . The company traded as low as $22.49 and last traded at $22.46, with a volume of 341,393 shares. The stock had previously closed at $23.06.

A number of equities analysts have issued reports on the stock. Bank of America Corporation cut their price objective on shares of Cardtronics PLC from $48.00 to $40.00 and set a “neutral” rating on the stock in a report on Friday, July 7th. Zacks Investment Research downgraded shares of Cardtronics PLC from a “hold” rating to a “strong sell” rating in a report on Tuesday, July 18th. Lake Street Capital downgraded shares of Cardtronics PLC from a “buy” rating to a “hold” rating and cut their price objective for the stock from $40.00 to $31.00 in a report on Tuesday, September 26th. Finally, William Blair downgraded shares of Cardtronics PLC from an “outperform” rating to a “market perform” rating in a report on Monday, September 25th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the company. Cardtronics PLC presently has an average rating of “Hold” and an average price target of $41.00.

The stock has a market cap of $1.04 billion, a PE ratio of 15.65 and a beta of 0.77. The stock has a 50-day moving average price of $25.24 and a 200-day moving average price of $31.12.

Cardtronics PLC (NASDAQ:CATM) last released its earnings results on Wednesday, August 2nd. The business services provider reported $0.76 EPS for the quarter, topping analysts’ consensus estimates of $0.72 by $0.04. Cardtronics PLC had a return on equity of 28.23% and a net margin of 4.83%. The firm had revenue of $385.11 million for the quarter, compared to analysts’ expectations of $379.03 million. During the same period in the prior year, the firm posted $0.80 earnings per share. The company’s quarterly revenue was up 18.9% on a year-over-year basis. On average, analysts anticipate that Cardtronics PLC will post $2.80 earnings per share for the current fiscal year.

Several institutional investors have recently added to or reduced their stakes in the stock. Crossmark Global Holdings Inc. purchased a new stake in shares of Cardtronics PLC during the third quarter valued at $268,000. Fox Run Management L.L.C. boosted its position in shares of Cardtronics PLC by 280.6% during the third quarter. Fox Run Management L.L.C. now owns 25,500 shares of the business services provider’s stock valued at $587,000 after buying an additional 18,800 shares during the last quarter. Public Employees Retirement System of Ohio boosted its position in shares of Cardtronics PLC by 1.1% during the second quarter. Public Employees Retirement System of Ohio now owns 174,777 shares of the business services provider’s stock valued at $5,743,000 after buying an additional 1,944 shares during the last quarter. Piedmont Investment Advisors LLC purchased a new stake in shares of Cardtronics PLC during the second quarter valued at $324,000. Finally, The Manufacturers Life Insurance Company boosted its position in shares of Cardtronics PLC by 1.8% during the second quarter. The Manufacturers Life Insurance Company now owns 35,154 shares of the business services provider’s stock valued at $1,156,000 after buying an additional 637 shares during the last quarter.

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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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