FY2025 EPS Estimates for CPI Card Group Reduced by B. Riley

CPI Card Group Inc. (NASDAQ:PMTS) – Analysts at B. Riley reduced their FY2025 earnings estimates for shares of CPI Card Group in a research report issued to clients and investors on Monday, November 10th. B. Riley analyst H. Goetsch now anticipates that the company will post earnings of $1.49 per share for the year, down from their previous estimate of $2.34. B. Riley has a “Buy” rating and a $28.00 price target on the stock. The consensus estimate for CPI Card Group’s current full-year earnings is $1.63 per share.

PMTS has been the subject of several other reports. Zacks Research lowered CPI Card Group from a “hold” rating to a “strong sell” rating in a research report on Wednesday, November 5th. Lake Street Capital set a $25.00 target price on CPI Card Group in a research report on Wednesday, November 5th. Weiss Ratings lowered shares of CPI Card Group from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, October 8th. DA Davidson lowered their price objective on shares of CPI Card Group from $32.00 to $30.00 and set a “buy” rating for the company in a research note on Wednesday, November 5th. Finally, Roth Capital set a $30.00 target price on shares of CPI Card Group in a report on Tuesday, November 4th. Four analysts have rated the stock with a Buy rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, CPI Card Group presently has an average rating of “Hold” and a consensus target price of $30.60.

CPI Card Group Stock Performance

Shares of PMTS stock opened at $14.03 on Thursday. The firm has a market cap of $159.77 million, a P/E ratio of 12.53 and a beta of 1.49. The firm’s 50 day moving average price is $15.31 and its 200-day moving average price is $18.90. CPI Card Group has a one year low of $12.52 and a one year high of $35.19.

CPI Card Group (NASDAQ:PMTS) last announced its earnings results on Tuesday, November 4th. The company reported $0.47 earnings per share for the quarter, missing the consensus estimate of $0.63 by ($0.16). CPI Card Group had a negative return on equity of 58.00% and a net margin of 2.66%.The company had revenue of $137.97 million for the quarter, compared to analysts’ expectations of $140.62 million.

Insider Transactions at CPI Card Group

In related news, Chairman H Sanford Riley bought 10,000 shares of the stock in a transaction dated Thursday, November 6th. The stock was acquired at an average price of $14.20 per share, for a total transaction of $142,000.00. Following the acquisition, the chairman owned 51,457 shares in the company, valued at approximately $730,689.40. This represents a 24.12% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 2.80% of the stock is owned by company insiders.

Institutional Investors Weigh In On CPI Card Group

Several large investors have recently modified their holdings of PMTS. US Bancorp DE purchased a new stake in CPI Card Group in the 1st quarter valued at $33,000. Lazard Asset Management LLC lifted its holdings in shares of CPI Card Group by 100.4% during the second quarter. Lazard Asset Management LLC now owns 2,928 shares of the company’s stock worth $69,000 after purchasing an additional 1,467 shares during the period. Virtus Advisers LLC purchased a new position in CPI Card Group in the 1st quarter valued at $101,000. IFP Advisors Inc increased its stake in CPI Card Group by 52.5% in the 2nd quarter. IFP Advisors Inc now owns 4,342 shares of the company’s stock valued at $103,000 after buying an additional 1,494 shares during the period. Finally, Russell Investments Group Ltd. lifted its stake in shares of CPI Card Group by 130.4% in the 1st quarter. Russell Investments Group Ltd. now owns 3,800 shares of the company’s stock worth $111,000 after acquiring an additional 2,151 shares during the period. 22.08% of the stock is owned by institutional investors and hedge funds.

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.