CPI Card Group Inc. (NASDAQ:PMTS)’s share price traded down 3.3% during trading on Friday . The stock traded as low as $4.91 and last traded at $4.92, with a volume of 108,505 shares changing hands. The stock had previously closed at $5.09.

Several equities analysts recently commented on the company. BMO Capital Markets lowered CPI Card Group from an “outperform” rating to a “market perform” rating and dropped their target price for the company from $16.00 to $6.00 in a research note on Thursday, May 12th. Robert W. Baird downgraded CPI Card Group from an “outperform” rating to a “neutral” rating and lowered their price target for the company from $14.00 to $4.00 in a research report on Thursday, May 12th. Zacks Investment Research raised CPI Card Group from a “sell” rating to a “hold” rating in a research report on Saturday, June 18th. Craig Hallum began coverage on CPI Card Group in a research report on Monday, June 27th. They set a “buy” rating and a $8.00 price target for the company. Finally, CIBC downgraded CPI Card Group from a “sector outperform” rating to a “sector perform” rating in a research report on Thursday, May 12th. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. CPI Card Group currently has a consensus rating of “Hold” and an average target price of $9.25.

The company has a market capitalization of $277.57 million and a P/E ratio of 24.632. The firm has a 50 day moving average of $4.77 and a 200 day moving average of $6.21.

CPI Card Group (NASDAQ:PMTS) last released its quarterly earnings data on Wednesday, August 10th. The company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.06 by $0.01. The firm earned $73.70 million during the quarter, compared to analyst estimates of $69.45 million. CPI Card Group’s revenue for the quarter was down 22.8% compared to the same quarter last year. On average, analysts expect that CPI Card Group Inc. will post $0.49 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 7th. Stockholders of record on Friday, September 16th will be paid a dividend of $0.045 per share. This represents a $0.18 annualized dividend and a dividend yield of 3.58%. The ex-dividend date of this dividend is Wednesday, September 14th.

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

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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