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

CPI Card Group (NASDAQ:PMTS) is expected to post its quarterly earnings results before the market opens on Tuesday, March 4th. Analysts expect CPI Card Group to post earnings of $0.52 per share and revenue of $120.54 million for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

CPI Card Group Trading Up 2.2 %

PMTS opened at $33.46 on Friday. The company has a market cap of $373.38 million, a P/E ratio of 25.54 and a beta of 1.43. The business’s 50-day moving average price is $30.37 and its 200-day moving average price is $28.38. CPI Card Group has a 12 month low of $15.00 and a 12 month high of $35.19.

Analyst Upgrades and Downgrades

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

Insider Buying and Selling at CPI Card Group

In other news, Director H Sanford Riley acquired 2,000 shares of the business’s stock in a transaction on Monday, December 2nd. The shares were acquired at an average cost of $32.51 per share, with a total value of $65,020.00. Following the transaction, the director now owns 9,500 shares in the company, valued at $308,845. The trade was a 26.67 % increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 2.20% of the company’s stock.

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.