Cardtronics PLC (NASDAQ:CATM)’s share price was up 7.8% during mid-day trading on Thursday . The stock traded as high as $26.38 and last traded at $26.36. Approximately 1,466,601 shares changed hands during mid-day trading, an increase of 58% from the average daily volume of 930,264 shares. The stock had previously closed at $24.46.

Several equities research analysts recently commented on the stock. SunTrust Banks reaffirmed a “buy” rating and issued a $25.00 price objective on shares of Cardtronics in a research report on Friday, November 3rd. TheStreet cut shares of Cardtronics from a “c” rating to a “d” rating in a research report on Friday, November 3rd. Zacks Investment Research raised shares of Cardtronics from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 7th. BidaskClub raised shares of Cardtronics from a “strong sell” rating to a “sell” rating in a research report on Saturday, December 16th. Finally, ValuEngine cut shares of Cardtronics from a “buy” rating to a “hold” rating in a research report on Sunday, December 31st. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the stock. Cardtronics presently has an average rating of “Hold” and a consensus target price of $31.25.

The company has a debt-to-equity ratio of 2.64, a quick ratio of 0.78 and a current ratio of 0.82. The company has a market capitalization of $1,112.80, a price-to-earnings ratio of -8.18, a PEG ratio of 1.21 and a beta of 0.64.

Cardtronics (NASDAQ:CATM) last issued its earnings results on Thursday, November 2nd. The business services provider reported $0.96 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.86 by $0.10. The company had revenue of $402.00 million for the quarter, compared to analysts’ expectations of $383.97 million. Cardtronics had a negative net margin of 9.37% and a positive return on equity of 29.32%. Cardtronics’s quarterly revenue was up 22.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.98 EPS. research analysts expect that Cardtronics PLC will post 2.66 EPS for the current fiscal year.

In related news, CFO Edward H. West purchased 12,500 shares of the firm’s stock in a transaction that occurred on Tuesday, November 7th. The shares were acquired at an average price of $17.29 per share, for a total transaction of $216,125.00. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Mark Rossi purchased 2,500 shares of the firm’s stock in a transaction that occurred on Monday, November 13th. The stock was bought at an average price of $16.81 per share, for a total transaction of $42,025.00. The disclosure for this purchase can be found here. Over the last ninety days, insiders bought 20,000 shares of company stock worth $343,150. 1.20% of the stock is owned by insiders.

Several large investors have recently made changes to their positions in CATM. Riverhead Capital Management LLC grew its position in shares of Cardtronics by 77.7% during the 2nd quarter. Riverhead Capital Management LLC now owns 3,731 shares of the business services provider’s stock worth $123,000 after purchasing an additional 1,631 shares in the last quarter. Flinton Capital Management LLC grew its position in shares of Cardtronics by 69.8% during the 2nd quarter. Flinton Capital Management LLC now owns 4,088 shares of the business services provider’s stock worth $134,000 after purchasing an additional 1,680 shares in the last quarter. Zions Bancorporation acquired a new position in shares of Cardtronics during the 3rd quarter worth approximately $157,000. SG Americas Securities LLC acquired a new position in shares of Cardtronics during the 3rd quarter worth approximately $180,000. Finally, Amalgamated Bank grew its position in shares of Cardtronics by 5.6% during the 2nd quarter. Amalgamated Bank now owns 6,294 shares of the business services provider’s stock worth $207,000 after purchasing an additional 331 shares in the last quarter.

ILLEGAL ACTIVITY WARNING: This article was first posted by TheOlympiaReport and is owned by of TheOlympiaReport. If you are accessing this article on another website, it was illegally stolen and reposted in violation of United States and international copyright and trademark law. The correct version of this article can be accessed at https://theolympiareport.com/2018/02/01/cardtronics-catm-trading-7-8-higher.html.

About Cardtronics

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.

Receive News & Ratings for Cardtronics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cardtronics and related companies with MarketBeat.com's FREE daily email newsletter.