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

CPI Card Group (NASDAQ:PMTS) will likely be announcing its earnings results before the market opens on Tuesday, March 4th. Analysts expect the company to announce earnings of $0.52 per share and revenue of $120.54 million for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

CPI Card Group Price Performance

PMTS stock opened at $33.46 on Friday. CPI Card Group has a fifty-two week low of $15.00 and a fifty-two week high of $35.19. The business has a 50-day moving average of $30.37 and a 200-day moving average of $28.38. The stock has a market capitalization of $373.38 million, a P/E ratio of 25.54 and a beta of 1.43.

Insider Buying and Selling

In other CPI Card Group news, Director H Sanford Riley acquired 2,000 shares of the stock in a transaction that occurred on Monday, December 2nd. The shares were bought at an average price of $32.51 per share, for a total transaction of $65,020.00. Following the completion of the transaction, the director now owns 9,500 shares of the company’s stock, valued at approximately $308,845. This represents a 26.67 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.20% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on PMTS shares. DA Davidson reaffirmed a “buy” rating and issued a $36.00 price target on shares of CPI Card Group in a report on Tuesday, February 25th. Lake Street Capital raised their price target on CPI Card Group from $33.00 to $37.00 and gave the stock a “buy” rating in a report on Wednesday, December 4th.

CPI Card Group Company Profile

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.