Equities analysts expect CPI Card Group Inc (NASDAQ:PMTS) (TSE:PNT) to report sales of $59.34 million for the current fiscal quarter, according to Zacks Investment Research. Four analysts have provided estimates for CPI Card Group’s earnings, with estimates ranging from $56.04 million to $60.99 million. CPI Card Group reported sales of $67.38 million in the same quarter last year, which would suggest a negative year over year growth rate of 11.9%. The company is expected to issue its next earnings report on Wednesday, March 7th.

On average, analysts expect that CPI Card Group will report full-year sales of $59.34 million for the current fiscal year, with estimates ranging from $245.94 million to $250.89 million. For the next financial year, analysts forecast that the firm will report sales of $269.44 million per share, with estimates ranging from $243.37 million to $313.11 million. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side research firms that that provide coverage for CPI Card Group.

CPI Card Group (NASDAQ:PMTS) (TSE:PNT) last posted its quarterly earnings results on Tuesday, November 7th. The credit services provider reported $0.10 EPS for the quarter, missing the consensus estimate of $0.15 by ($0.05). CPI Card Group had a negative return on equity of 1.51% and a negative net margin of 4.44%. The firm had revenue of $68.00 million for the quarter, compared to analyst estimates of $74.73 million. During the same quarter last year, the firm earned $0.55 EPS. The company’s revenue was down 16.3% on a year-over-year basis.

Several research analysts have commented on the stock. ValuEngine upgraded shares of CPI Card Group from a “sell” rating to a “hold” rating in a report on Wednesday, December 20th. Robert W. Baird reiterated a “hold” rating and set a $5.00 price target on shares of CPI Card Group in a report on Thursday, December 21st. Zacks Investment Research cut shares of CPI Card Group from a “hold” rating to a “sell” rating in a report on Thursday, January 4th. Finally, BMO Capital Markets lowered their price target on shares of CPI Card Group from $11.00 to $6.50 and set a “market perform” rating for the company in a report on Thursday, November 9th. Two investment analysts have rated the stock with a sell rating and five have given a hold rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $5.75.

Institutional investors have recently modified their holdings of the company. MUFG Americas Holdings Corp acquired a new position in shares of CPI Card Group in the 3rd quarter valued at $118,000. Teachers Advisors LLC boosted its holdings in shares of CPI Card Group by 21.3% in the 2nd quarter. Teachers Advisors LLC now owns 43,683 shares of the credit services provider’s stock valued at $124,000 after buying an additional 7,658 shares in the last quarter. QS Investors LLC boosted its holdings in shares of CPI Card Group by 40.2% in the 2nd quarter. QS Investors LLC now owns 53,178 shares of the credit services provider’s stock valued at $152,000 after buying an additional 15,260 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of CPI Card Group by 181.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 61,110 shares of the credit services provider’s stock valued at $174,000 after buying an additional 39,359 shares in the last quarter. Finally, Commonwealth Equity Services Inc boosted its holdings in shares of CPI Card Group by 108.4% in the 3rd quarter. Commonwealth Equity Services Inc now owns 203,869 shares of the credit services provider’s stock valued at $240,000 after buying an additional 106,064 shares in the last quarter. Institutional investors and hedge funds own 57.39% of the company’s stock.

CPI Card Group (NASDAQ PMTS) traded down $0.11 during midday trading on Friday, reaching $3.33. 46,516 shares of the company’s stock traded hands, compared to its average volume of 117,196. The company has a quick ratio of 2.09, a current ratio of 2.68 and a debt-to-equity ratio of -2.87. CPI Card Group has a 12 month low of $2.90 and a 12 month high of $25.50. The firm has a market cap of $37.08, a PE ratio of -3.33, a PEG ratio of 4.16 and a beta of 0.24.

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CPI Card Group Company Profile

CPI Card Group Inc, formerly CPI Holdings I, Inc, provides Financial Payment Card solutions in North America. The Company is engaged in the design, production, data personalization, packaging and fulfillment of Financial Payment Cards, which it defines as credit cards, debit cards and prepaid debit cards issued on the networks of the Payment Card Brands in the United States, Europe and Canada.

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