CPI Card Group (PMTS) Scheduled to Post Quarterly Earnings on Tuesday

CPI Card Group (NASDAQ:PMTS) is scheduled to be releasing its earnings data before the market opens on Tuesday, November 5th. Analysts expect CPI Card Group to post earnings of $0.56 per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

CPI Card Group (NASDAQ:PMTS) last issued its quarterly earnings results on Monday, August 5th. The company reported $0.51 earnings per share for the quarter, missing analysts’ consensus estimates of $0.56 by ($0.05). The company had revenue of $118.82 million during the quarter, compared to the consensus estimate of $111.85 million. CPI Card Group had a net margin of 4.11% and a negative return on equity of 35.79%. During the same period last year, the company earned $0.55 earnings per share. On average, analysts expect CPI Card Group to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

CPI Card Group Stock Performance

Shares of PMTS opened at $21.83 on Monday. The company has a 50-day simple moving average of $25.28 and a 200-day simple moving average of $25.45. CPI Card Group has a 52 week low of $12.65 and a 52 week high of $31.00. The firm has a market capitalization of $243.58 million, a P/E ratio of 14.27 and a beta of 1.21.

Wall Street Analysts Forecast Growth

Separately, Lake Street Capital lifted their price objective on CPI Card Group from $22.00 to $33.00 and gave the stock a “buy” rating in a report on Tuesday, August 6th.

Insider Activity

In other CPI Card Group news, Director Marc Sheinbaum purchased 2,000 shares of the company’s stock in a transaction that occurred on Thursday, August 8th. The stock was purchased at an average price of $25.26 per share, with a total value of $50,520.00. Following the completion of the transaction, the director now directly owns 10,390 shares of the company’s stock, valued at approximately $262,451.40. This trade represents a 0.00 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In other CPI Card Group news, insider Sonya Vollmer sold 3,660 shares of CPI Card Group stock in a transaction on Friday, September 13th. The stock was sold at an average price of $25.10, for a total transaction of $91,866.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Marc Sheinbaum bought 2,000 shares of CPI Card Group stock in a transaction dated Thursday, August 8th. The stock was purchased at an average price of $25.26 per share, for a total transaction of $50,520.00. Following the purchase, the director now directly owns 10,390 shares in the company, valued at $262,451.40. This represents a 0.00 % increase in their position. The disclosure for this purchase can be found here. 2.20% of the stock is owned by company insiders.

About CPI Card Group

CPI Card Group Inc, together with its subsidiaries, engages in the design, production, data personalization, packaging, and fulfillment of financial payment cards. It operates through Debit and Credit, and Prepaid Debit segments. The Debit and Credit segment produces financial payment cards and provides integrated card services to card-issuing financial institutions.