Press coverage about CPI Card Group (NASDAQ:PMTS) (TSE:PNT) has been trending somewhat negative this week, Accern reports. Accern identifies negative and positive press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. CPI Card Group earned a media sentiment score of -0.02 on Accern’s scale. Accern also gave media coverage about the credit services provider an impact score of 45.0629490332596 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the headlines that may have effected Accern Sentiment Analysis’s analysis:
- Investor Focus on Shares of CPI Card Group Inc. (NASDAQ:PMTS … - Jonesboro Recorder (jonesbororecorder.com)
- Mastercard Seeks to Prohibit Use of Card with Hate-Speech-Related Merchants (diversityinc.com)
- CPI Card Group Inc. (NASDAQ:PMTS) Sees Significantly Higher Trading Volume (highlightpress.com)
- Share Spotlight on CPI Card Group Inc (PMTS): Technicals in Focus - Evergreen Caller (evergreencaller.com)
- CPI Card Group Inc. (PMTS) Given Average Rating of “Hold” by Brokerages (americanbankingnews.com)
CPI Card Group (NASDAQ:PMTS) traded down 2.78% during trading on Friday, reaching $1.05. 394,475 shares of the company’s stock traded hands. The company has a 50 day moving average price of $2.10 and a 200-day moving average price of $3.11. The company’s market cap is $58.39 million. CPI Card Group has a 12-month low of $0.86 and a 12-month high of $6.41.
CPI Card Group (NASDAQ:PMTS) (TSE:PNT) last posted its quarterly earnings results on Wednesday, August 2nd. The credit services provider reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by $0.01. The company had revenue of $65.85 million during the quarter, compared to analyst estimates of $69.16 million. CPI Card Group had a negative net margin of 2.46% and a negative return on equity of 1.51%. The company’s revenue was down 10.7% on a year-over-year basis. During the same period in the prior year, the company earned $0.05 earnings per share. On average, equities research analysts forecast that CPI Card Group will post ($0.01) EPS for the current fiscal year.
Several equities analysts have issued reports on the stock. ValuEngine raised shares of CPI Card Group from a “sell” rating to a “hold” rating in a report on Friday, August 4th. BMO Capital Markets cut their price target on shares of CPI Card Group from $4.50 to $2.20 and set a “market perform” rating on the stock in a report on Thursday, August 3rd. Raymond James Financial, Inc. lowered shares of CPI Card Group from an “outperform” rating to a “market perform” rating in a report on Thursday, May 4th. Citigroup Inc. lowered shares of CPI Card Group from an “outperform” rating to a “market perform” rating in a report on Thursday, May 4th. Finally, Zacks Investment Research lowered shares of CPI Card Group from a “hold” rating to a “sell” rating in a report on Wednesday, July 19th. Four equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $4.90.
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In related news, VP Jason Bohrer purchased 28,571 shares of the business’s stock in a transaction that occurred on Monday, August 7th. The shares were purchased at an average cost of $1.38 per share, with a total value of $39,427.98. Following the completion of the acquisition, the vice president now directly owns 28,571 shares of the company’s stock, valued at approximately $39,427.98. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Lisa Jacoba purchased 43,475 shares of the business’s stock in a transaction that occurred on Wednesday, August 9th. The stock was bought at an average cost of $1.10 per share, for a total transaction of $47,822.50. Following the completion of the acquisition, the insider now directly owns 86,423 shares of the company’s stock, valued at $95,065.30. The disclosure for this purchase can be found here. Insiders purchased 112,046 shares of company stock worth $129,750 over the last ninety days. 4.60% of the stock is currently owned by corporate insiders.
About CPI Card Group
CPI Card Group Inc, formerly CPI Holdings I, Inc, provides Financial Payment Card solutions in North America. The Company is engaged in the design, production, data personalization, packaging and fulfillment of Financial Payment Cards, which it defines as credit cards, debit cards and prepaid debit cards issued on the networks of the Payment Card Brands in the United States, Europe and Canada.
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