Cardtronics (NASDAQ:CATM) Issues FY20 Earnings Guidance

Cardtronics (NASDAQ:CATM) updated its FY20 earnings guidance on Thursday. The company provided EPS guidance of $2.58-2.70 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.66. The company issued revenue guidance of $1.37-1.40 billion, compared to the consensus revenue estimate of $1.40 billion.Cardtronics also updated its FY 2020
After-Hours guidance to 2.58-2.70 EPS.

A number of brokerages have recently commented on CATM. DA Davidson lifted their price target on shares of Cardtronics from $46.00 to $49.00 and gave the stock a buy rating in a research note on Thursday, December 19th. Zacks Investment Research lowered shares of Cardtronics from a strong-buy rating to a hold rating in a research note on Tuesday, December 31st. Barrington Research reiterated a buy rating and issued a $40.00 price target on shares of Cardtronics in a research note on Thursday, October 31st. ValuEngine lowered shares of Cardtronics from a hold rating to a sell rating in a research note on Tuesday. Finally, BidaskClub lowered shares of Cardtronics from a strong-buy rating to a buy rating in a research note on Saturday, February 15th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the stock. Cardtronics currently has an average rating of Buy and an average target price of $42.25.

NASDAQ:CATM traded down $0.72 during trading hours on Thursday, hitting $41.97. 746,353 shares of the stock traded hands, compared to its average volume of 458,352. The company has a quick ratio of 0.73, a current ratio of 0.75 and a debt-to-equity ratio of 2.37. Cardtronics has a 1 year low of $25.83 and a 1 year high of $47.41. The company has a market cap of $1.87 billion, a price-to-earnings ratio of 65.58, a price-to-earnings-growth ratio of 4.47 and a beta of 1.36. The stock has a 50 day moving average price of $44.63 and a 200 day moving average price of $37.43.

In other news, CAO Paul A. Gullo sold 974 shares of the business’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $43.18, for a total value of $42,057.32. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 18.30% of the stock is owned by insiders.

Cardtronics Company Profile

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 balance inquiries; and financial related services to cardholders, as well as ATM management and ATM equipment-related services to large retail merchants, smaller retailers, financial institutions, and operators of facilities, such as shopping malls, airports, and train stations.

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