CPI Card Group (PMTS) Set to Announce Quarterly Earnings on Tuesday

CPI Card Group (NASDAQ:PMTS) is scheduled to release its earnings data before the market opens on Tuesday, November 5th. Analysts expect the company to announce earnings of $0.56 per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

CPI Card Group (NASDAQ:PMTS) last posted its quarterly earnings results on Monday, August 5th. The company reported $0.51 earnings per share for the quarter, missing analysts’ consensus estimates of $0.56 by ($0.05). The company had revenue of $118.82 million during the quarter, compared to the consensus estimate of $111.85 million. CPI Card Group had a net margin of 4.11% and a negative return on equity of 35.79%. During the same quarter in the prior year, the business earned $0.55 earnings per share. On average, analysts expect CPI Card Group to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

CPI Card Group Trading Up 2.5 %

NASDAQ:PMTS opened at $23.80 on Tuesday. The stock has a market capitalization of $265.61 million, a PE ratio of 15.56 and a beta of 1.15. CPI Card Group has a 1-year low of $12.65 and a 1-year high of $31.00. The firm has a fifty day simple moving average of $25.68 and a 200 day simple moving average of $25.33.

Wall Street Analysts Forecast Growth

Separately, Lake Street Capital increased their price objective on shares of CPI Card Group from $22.00 to $33.00 and gave the company a “buy” rating in a research report on Tuesday, August 6th.

Insider Buying and Selling

In other CPI Card Group news, insider Sonya Vollmer sold 3,660 shares of the stock in a transaction on Friday, September 13th. The stock was sold at an average price of $25.10, for a total transaction of $91,866.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other CPI Card Group news, Director Marc Sheinbaum purchased 2,000 shares of the company’s stock in a transaction dated Thursday, August 8th. The stock was bought at an average cost of $25.26 per share, for a total transaction of $50,520.00. Following the completion of the transaction, the director now owns 10,390 shares in the company, valued at approximately $262,451.40. This represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Also, insider Sonya Vollmer sold 3,660 shares of the business’s stock in a transaction that occurred on Friday, September 13th. The shares were sold at an average price of $25.10, for a total value of $91,866.00. The disclosure for this sale can be found here. 2.20% of the stock is currently owned by insiders.

CPI Card Group Company Profile

CPI Card Group Inc, together with its subsidiaries, engages in the design, production, data personalization, packaging, and fulfillment of financial payment cards. It operates through Debit and Credit, and Prepaid Debit segments. The Debit and Credit segment produces financial payment cards and provides integrated card services to card-issuing financial institutions.