CPI Card Group Inc. (NASDAQ:PMTS) shares fell 1.1% during trading on Friday . The company traded as low as $5.40 and last traded at $5.46, with a volume of 75,185 shares traded. The stock had previously closed at $5.52.

A number of brokerages recently commented on PMTS. Zacks Investment Research upgraded CPI Card Group from a “sell” rating to a “hold” rating in a research report on Saturday, June 18th. CIBC cut CPI Card Group from a “sector outperform” rating to a “sector perform” rating in a research report on Thursday, May 12th. Robert W. Baird cut CPI Card Group from an “outperform” rating to a “neutral” rating and decreased their price target for the stock from $14.00 to $4.00 in a research report on Thursday, May 12th. Craig Hallum assumed coverage on CPI Card Group in a research report on Monday, June 27th. They issued a “buy” rating and a $8.00 target price on the stock. Finally, BMO Capital Markets cut CPI Card Group from an “outperform” rating to a “market perform” rating and decreased their target price for the company from $16.00 to $6.00 in a research report on Thursday, May 12th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $9.39.

The stock has a market cap of $301.60 million and a P/E ratio of 26.76. The firm has a 50 day moving average of $4.86 and a 200-day moving average of $6.14.

CPI Card Group (NASDAQ:PMTS) last issued its quarterly earnings results on Wednesday, August 10th. The company reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.06 by $0.01. The firm earned $73.70 million during the quarter, compared to analysts’ expectations of $69.45 million. The business’s revenue was down 22.8% on a year-over-year basis. On average, equities analysts anticipate that CPI Card Group Inc. will post $0.49 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, October 7th. Stockholders of record on Friday, September 16th will be given a dividend of $0.045 per share. The ex-dividend date of this dividend is Wednesday, September 14th. This represents a $0.18 dividend on an annualized basis and a dividend yield of 3.30%.

In other news, Director Doug Pearce purchased 8,300 shares of the company’s stock in a transaction dated Monday, June 13th. The shares were purchased at an average price of $4.49 per share, with a total value of $37,267.00. Following the transaction, the director now directly owns 5,125 shares of the company’s stock, valued at $23,011.25. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website.

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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.