Q4 EPS Estimates for CPI Card Group Lowered by Roth Capital

CPI Card Group Inc. (NASDAQ:PMTS) – Equities research analysts at Roth Capital lowered their Q4 2024 earnings per share (EPS) estimates for shares of CPI Card Group in a research note issued to investors on Wednesday, November 6th. Roth Capital analyst C. Irwin now anticipates that the company will post earnings per share of $0.70 for the quarter, down from their prior forecast of $0.80. The consensus estimate for CPI Card Group’s current full-year earnings is $2.06 per share. Roth Capital also issued estimates for CPI Card Group’s Q1 2025 earnings at $0.53 EPS, Q2 2025 earnings at $0.74 EPS, Q3 2025 earnings at $0.87 EPS, Q4 2025 earnings at $1.00 EPS and FY2025 earnings at $3.14 EPS.

Separately, Lake Street Capital boosted their target price on shares of CPI Card Group from $22.00 to $33.00 and gave the stock a “buy” rating in a research note on Tuesday, August 6th.

CPI Card Group Trading Up 2.1 %

Shares of NASDAQ:PMTS opened at $27.36 on Thursday. CPI Card Group has a 52 week low of $12.65 and a 52 week high of $31.00. The company’s 50 day moving average is $25.06 and its two-hundred day moving average is $25.54. The company has a market cap of $305.34 million, a PE ratio of 17.99 and a beta of 1.21.

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

Insider Activity at CPI Card Group

In other CPI Card Group news, insider Sonya Vollmer sold 3,660 shares of the firm’s stock in a transaction that occurred on Friday, September 13th. The shares were sold at an average price of $25.10, for a total transaction of $91,866.00. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. In other CPI Card Group news, insider Sonya Vollmer sold 3,660 shares of the company’s stock in a transaction on Friday, September 13th. The shares were sold at an average price of $25.10, for a total value of $91,866.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder Equity Ulc Parallel49 sold 1,380,000 shares of the firm’s stock in a transaction dated Wednesday, October 2nd. The stock was sold at an average price of $21.00, for a total value of $28,980,000.00. Following the transaction, the insider now directly owns 4,813,977 shares in the company, valued at approximately $101,093,517. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. 2.20% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in PMTS. Vanguard Group Inc. increased its stake in CPI Card Group by 3.1% in the first quarter. Vanguard Group Inc. now owns 340,945 shares of the company’s stock valued at $6,089,000 after purchasing an additional 10,265 shares during the period. Vector Capital Management L.P. increased its position in CPI Card Group by 77.7% in the 2nd quarter. Vector Capital Management L.P. now owns 248,737 shares of the company’s stock valued at $6,778,000 after acquiring an additional 108,756 shares during the period. Bank of New York Mellon Corp increased its position in CPI Card Group by 7.6% in the 2nd quarter. Bank of New York Mellon Corp now owns 44,773 shares of the company’s stock valued at $1,220,000 after acquiring an additional 3,158 shares during the period. Marshall Wace LLP raised its stake in CPI Card Group by 139.0% during the 2nd quarter. Marshall Wace LLP now owns 39,273 shares of the company’s stock valued at $1,070,000 after acquiring an additional 22,841 shares during the last quarter. Finally, Pembroke Management LTD lifted its position in CPI Card Group by 48.7% during the 3rd quarter. Pembroke Management LTD now owns 26,627 shares of the company’s stock worth $741,000 after acquiring an additional 8,720 shares during the period. Institutional investors and hedge funds own 22.08% of the company’s stock.

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.