CPI Card Group Inc. (NASDAQ:PMTS)’s share price was up 2.7% during mid-day trading on Tuesday . The company traded as high as $4.64 and last traded at $4.56, with a volume of 151,272 shares. The stock had previously closed at $4.44.

A number of equities analysts have issued reports on PMTS shares. Zacks Investment Research downgraded CPI Card Group from a “hold” rating to a “sell” rating in a report on Wednesday, April 27th. Robert W. Baird downgraded CPI Card Group from an “outperform” rating to a “neutral” rating and decreased their price objective for the stock from $14.00 to $4.00 in a report on Thursday, May 12th. CIBC downgraded CPI Card Group from a “sector outperform” rating to a “sector perform” rating in a report on Thursday, May 12th. BMO Capital Markets downgraded CPI Card Group from an “outperform” rating to a “market perform” rating and reduced their price target for the company from $16.00 to $6.00 in a report on Thursday, May 12th. Finally, Goldman Sachs Group Inc. downgraded CPI Card Group from a “buy” rating to a “neutral” rating and reduced their price target for the company from $15.00 to $7.00 in a report on Thursday, May 12th. Five research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. CPI Card Group has an average rating of “Hold” and a consensus price target of $9.25.

The firm has a market cap of $251.61 million and a P/E ratio of 21.09. The company’s 50 day moving average is $4.73 and its 200-day moving average is $6.48.

CPI Card Group (NASDAQ:PMTS) last posted its quarterly earnings data on Wednesday, August 10th. The company reported $0.05 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.06 by $0.01. The company earned $73.70 million during the quarter, compared to the consensus estimate of $69.45 million. CPI Card Group’s revenue was down 22.8% on a year-over-year basis. Equities analysts predict that CPI Card Group Inc. will post $0.50 EPS for the current fiscal year.

In other news, CEO Steve Montross bought 25,000 shares of the stock in a transaction on Thursday, June 2nd. The stock was acquired at an average cost of $4.36 per share, for a total transaction of $109,000.00. Following the acquisition, the chief executive officer now owns 1,544,143 shares of the company’s stock, valued at $6,732,463.48. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Doug Pearce bought 8,300 shares of the stock in a transaction on Monday, June 13th. The stock was purchased at an average price of $4.49 per share, with a total value of $37,267.00. Following the completion of the acquisition, the director now directly owns 5,125 shares in the company, valued at approximately $23,011.25. The disclosure for this purchase can be found here.

An institutional investor recently bought a new position in CPI Card Group stock. Bank of Montreal Can bought a new stake in CPI Card Group Inc. (NASDAQ:PMTS) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 186,980 shares of the company’s stock, valued at approximately $1,993,000. Bank of Montreal Can owned 0.33% of CPI Card Group at the end of the most recent quarter.

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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