Cardtronics PLC (NASDAQ:CATM) has been assigned an average rating of “Hold” from the nine ratings firms that are currently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $29.25.

CATM has been the topic of several research reports. ValuEngine lowered Cardtronics from a “hold” rating to a “sell” rating in a research note on Saturday, July 28th. Barrington Research reissued a “hold” rating on shares of Cardtronics in a research note on Tuesday, July 31st. BidaskClub raised Cardtronics from a “sell” rating to a “hold” rating in a research note on Tuesday. TheStreet raised Cardtronics from a “d+” rating to a “c-” rating in a research note on Monday, August 27th. Finally, Zacks Investment Research raised Cardtronics from a “hold” rating to a “buy” rating and set a $38.00 target price on the stock in a research note on Wednesday.

In other news, Director Mark Rossi bought 5,000 shares of the firm’s stock in a transaction that occurred on Monday, August 13th. The shares were purchased at an average price of $30.25 per share, with a total value of $151,250.00. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Hudson Executive Capital Lp purchased 25,200 shares of the business’s stock in a transaction on Friday, August 10th. The shares were bought at an average price of $29.97 per share, for a total transaction of $755,244.00. The disclosure for this purchase can be found here. 0.60% of the stock is currently owned by corporate insiders.

Hedge funds and other institutional investors have recently modified their holdings of the business. BlueMountain Capital Management LLC purchased a new stake in Cardtronics during the 2nd quarter worth about $132,000. Alps Advisors Inc. purchased a new stake in Cardtronics during the 2nd quarter worth about $209,000. Los Angeles Capital Management & Equity Research Inc. purchased a new stake in Cardtronics during the 2nd quarter worth about $227,000. Macquarie Group Ltd. purchased a new stake in Cardtronics during the 2nd quarter worth about $230,000. Finally, Tower Research Capital LLC TRC increased its holdings in Cardtronics by 135.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 9,540 shares of the business services provider’s stock worth $231,000 after purchasing an additional 5,481 shares during the period.

CATM traded up $0.41 during mid-day trading on Wednesday, hitting $32.49. 521,508 shares of the stock were exchanged, compared to its average volume of 604,918. Cardtronics has a 1-year low of $15.80 and a 1-year high of $39.10. The company has a current ratio of 0.89, a quick ratio of 0.85 and a debt-to-equity ratio of 2.21. The firm has a market cap of $1.46 billion, a price-to-earnings ratio of 11.73, a PEG ratio of 1.65 and a beta of 1.19.

Cardtronics (NASDAQ:CATM) last posted its earnings results on Thursday, August 2nd. The business services provider reported $0.61 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.39 by $0.22. Cardtronics had a positive return on equity of 24.21% and a negative net margin of 11.00%. The firm had revenue of $341.00 million for the quarter, compared to analyst estimates of $324.03 million. During the same quarter in the prior year, the company earned $0.76 EPS. Cardtronics’s revenue was down 11.5% on a year-over-year basis. On average, research analysts forecast that Cardtronics will post 1.6 earnings per share for the current year.

About Cardtronics

Cardtronics plc provides automated consumer financial services through its network of automated teller machines (ATMs) and multi-function financial services kiosks. The company offers cash dispensing and bank balance inquiries; and financial related services to cardholders, as well as ATM management and ATM equipment-related services to large retail merchants, smaller retailers, and operators of facilities, such as shopping malls, airports, and train stations.

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Analyst Recommendations for Cardtronics (NASDAQ:CATM)

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