Cardtronics (NASDAQ:CATM) was upgraded by equities researchers at TheStreet from a “d+” rating to a “c-” rating in a report released on Monday.

CATM has been the subject of several other reports. ValuEngine upgraded Cardtronics from a “sell” rating to a “hold” rating in a research report on Tuesday, July 10th. BidaskClub upgraded Cardtronics from a “buy” rating to a “strong-buy” rating in a research report on Thursday, May 17th. Barrington Research reiterated a “hold” rating on shares of Cardtronics in a research report on Tuesday, July 31st. Finally, Bank of America set a $20.00 target price on Cardtronics and gave the stock a “sell” rating in a research report on Friday, May 4th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the stock. Cardtronics currently has a consensus rating of “Hold” and a consensus price target of $27.80.

Shares of CATM opened at $36.58 on Monday. The firm has a market capitalization of $1.75 billion, a P/E ratio of 13.21, a P/E/G ratio of 1.98 and a beta of 0.84. Cardtronics has a 52-week low of $15.80 and a 52-week high of $39.10. The company has a quick ratio of 0.85, a current ratio of 0.89 and a debt-to-equity ratio of 2.21.

Cardtronics (NASDAQ:CATM) last issued its quarterly earnings results on Thursday, August 2nd. The business services provider reported $0.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.39 by $0.22. Cardtronics had a positive return on equity of 24.21% and a negative net margin of 11.00%. The company had revenue of $341.00 million during the quarter, compared to the consensus estimate of $324.03 million. During the same period last year, the company earned $0.76 earnings per share. Cardtronics’s revenue was down 11.5% on a year-over-year basis. sell-side analysts anticipate that Cardtronics will post 1.6 earnings per share for the current fiscal year.

In other news, Director Mark Rossi acquired 5,000 shares of the firm’s stock in a transaction that occurred on Monday, August 13th. The stock was purchased at an average cost of $30.25 per share, for a total transaction of $151,250.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Hudson Executive Capital Lp acquired 25,200 shares of the firm’s stock in a transaction that occurred on Friday, August 10th. The stock was purchased at an average price of $29.97 per share, with a total value of $755,244.00. The disclosure for this purchase can be found here. 0.60% of the stock is currently owned by company insiders.

Several hedge funds have recently added to or reduced their stakes in the stock. Prudential Financial Inc. raised its holdings in shares of Cardtronics by 2.4% in the first quarter. Prudential Financial Inc. now owns 76,362 shares of the business services provider’s stock valued at $1,704,000 after acquiring an additional 1,800 shares in the last quarter. Legal & General Group Plc raised its holdings in shares of Cardtronics by 2.4% in the first quarter. Legal & General Group Plc now owns 95,717 shares of the business services provider’s stock valued at $2,144,000 after acquiring an additional 2,220 shares in the last quarter. OppenheimerFunds Inc. raised its holdings in shares of Cardtronics by 6.7% in the second quarter. OppenheimerFunds Inc. now owns 35,915 shares of the business services provider’s stock valued at $868,000 after acquiring an additional 2,250 shares in the last quarter. Thrivent Financial for Lutherans raised its holdings in shares of Cardtronics by 8.9% in the first quarter. Thrivent Financial for Lutherans now owns 30,878 shares of the business services provider’s stock valued at $689,000 after acquiring an additional 2,519 shares in the last quarter. Finally, Swiss National Bank raised its holdings in shares of Cardtronics by 3.4% in the first quarter. Swiss National Bank now owns 79,400 shares of the business services provider’s stock valued at $1,771,000 after acquiring an additional 2,600 shares in the last quarter.

About Cardtronics

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

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Analyst Recommendations for Cardtronics (NASDAQ:CATM)

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