Cardtronics (NASDAQ:CATM)‘s stock had its “hold” rating reissued by stock analysts at Barrington Research in a research report issued to clients and investors on Monday.
A number of other analysts also recently issued reports on CATM. ValuEngine downgraded shares of Cardtronics from a “buy” rating to a “hold” rating in a report on Friday, October 19th. BidaskClub downgraded shares of Cardtronics from a “hold” rating to a “sell” rating in a report on Thursday, October 18th. Zacks Investment Research upgraded shares of Cardtronics from a “hold” rating to a “buy” rating and set a $38.00 price objective for the company in a report on Wednesday, October 10th. Finally, TheStreet upgraded shares of Cardtronics from a “d+” rating to a “c-” rating in a report on Monday, August 27th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $29.25.
Shares of CATM traded up $0.26 during trading hours on Monday, reaching $26.92. 6,853 shares of the stock traded hands, compared to its average volume of 473,884. The company has a debt-to-equity ratio of 2.21, a current ratio of 0.89 and a quick ratio of 0.85. Cardtronics has a 52 week low of $15.80 and a 52 week high of $39.10. The firm has a market capitalization of $1.23 billion, a P/E ratio of 9.72, a PEG ratio of 1.38 and a beta of 1.19.
In related 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 acquired at an average price of $30.25 per share, for a total transaction of $151,250.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 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 shares were bought 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. Company insiders own 0.60% of the company’s stock.
A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. BlueMountain Capital Management LLC purchased a new position in shares of Cardtronics in the second quarter worth about $132,000. Alpha Cubed Investments LLC purchased a new position in shares of Cardtronics in the third quarter worth about $201,000. Sawtooth Solutions LLC purchased a new position in shares of Cardtronics in the third quarter worth about $239,000. Xact Kapitalforvaltning AB purchased a new position in shares of Cardtronics in the third quarter worth about $256,000. Finally, Los Angeles Capital Management & Equity Research Inc. purchased a new position in shares of Cardtronics in the second quarter worth about $227,000.
Cardtronics Company Profile
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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