Cardtronics Inc. (NASDAQ:CATM) has earned a consensus rating of “Hold” from the nine brokerages that are currently covering the company. Five analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12 month price target among brokerages that have covered the stock in the last year is $45.40.

Several equities analysts recently issued reports on CATM shares. Feltl & Co. started coverage on Cardtronics in a research report on Thursday, September 22nd. They set a “buy” rating and a $48.00 price target on the stock. Jefferies Group raised their price target on Cardtronics from $46.00 to $52.00 and gave the stock a “buy” rating in a research report on Monday, August 1st. Wells Fargo & Co. lowered Cardtronics from an “outperform” rating to a “market perform” rating in a research report on Wednesday, November 16th. Zacks Investment Research lowered Cardtronics from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 7th. Finally, JPMorgan Chase & Co. lowered Cardtronics from an “overweight” rating to a “neutral” rating and raised their price target for the stock from $45.00 to $50.00 in a research report on Friday, August 19th.

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Shares of Cardtronics (NASDAQ:CATM) traded down 2.10% during trading on Tuesday, hitting $49.30. The stock had a trading volume of 153,423 shares. The stock has a market capitalization of $2.23 billion, a price-to-earnings ratio of 28.95 and a beta of 0.69. Cardtronics has a 52 week low of $28.01 and a 52 week high of $52.79. The firm has a 50 day moving average price of $49.67 and a 200-day moving average price of $44.41.

Cardtronics (NASDAQ:CATM) last posted its quarterly earnings results on Thursday, October 27th. The company reported $0.98 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.93 by $0.05. Cardtronics had a return on equity of 34.51% and a net margin of 6.19%. The business had revenue of $328.30 million for the quarter, compared to analyst estimates of $115.95 million. During the same period last year, the company earned $0.82 EPS. Cardtronics’s revenue for the quarter was up 5.4% compared to the same quarter last year. On average, equities research analysts forecast that Cardtronics will post $3.25 EPS for the current fiscal year.

In other news, insider David Walker Dove sold 5,000 shares of Cardtronics stock in a transaction that occurred on Monday, November 7th. The stock was sold at an average price of $47.90, for a total value of $239,500.00. Following the sale, the insider now directly owns 53,416 shares in the company, valued at approximately $2,558,626.40. The sale was disclosed in a filing with the SEC, which is available through this link. 1.50% of the stock is owned by insiders.

Large investors have recently modified their holdings of the company. Capstone Asset Management Co. raised its stake in shares of Cardtronics by 3.1% in the second quarter. Capstone Asset Management Co. now owns 13,520 shares of the company’s stock worth $538,000 after buying an additional 410 shares in the last quarter. Victory Capital Management Inc. raised its stake in shares of Cardtronics by 77.3% in the second quarter. Victory Capital Management Inc. now owns 2,532 shares of the company’s stock worth $101,000 after buying an additional 1,104 shares in the last quarter. BNP Paribas Arbitrage SA raised its stake in shares of Cardtronics by 96.7% in the second quarter. BNP Paribas Arbitrage SA now owns 15,280 shares of the company’s stock worth $608,000 after buying an additional 7,512 shares in the last quarter. GW&K Investment Management LLC raised its stake in shares of Cardtronics by 1.2% in the second quarter. GW&K Investment Management LLC now owns 903,883 shares of the company’s stock worth $35,984,000 after buying an additional 10,402 shares in the last quarter. Finally, First Midwest Bank Trust Division acquired a new stake in shares of Cardtronics during the second quarter worth $248,000.

About Cardtronics

Cardtronics PLC, formerly Cardtronics, Inc, is a provider of automated consumer financial services. The Company provides these services through its network of automated teller machines (ATMs) and multi-function financial services kiosks. The Company’s operations consisted of its North America and Europe segments.

5 Day Chart for NASDAQ:CATM

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