CPI Card Group Inc (NASDAQ: PMTS) has a higher price-to-earnings ratio of 15.02x compared to its average ratio. PMTS has 36-month beta value of 1.15. Analysts have mixed views on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 4 as “hold,” and 1 as “sell.”
The public float for PMTS is 4.32M, and currently, short sellers hold a 1.78% ratio of that float. The average trading volume of PMTS on October 02, 2024 was 29.68K shares.
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PMTS) stock’s latest price update
The stock of CPI Card Group Inc (NASDAQ: PMTS) has decreased by -17.36 when compared to last closing price of 27.83.Despite this, the company has seen a loss of -16.06% in its stock price over the last five trading days. seekingalpha.com reported 2024-10-01 that CPI Card Group Inc.’s largest shareholder, Parallel49, has registered a secondary share offering to sell up to $29 million worth of shares, causing a sell-off and short-term selling pressure. CPI Card Group’s fundamentals remain good, and the company finally returned to growth in Q2 with an upbeat growth outlook for the rest of 2024. The profitability hiccup looks temporary. After the sell-off, PMTS stock is undervalued by a deeper margin, providing a potential buying opportunity.
PMTS’s Market Performance
CPI Card Group Inc (PMTS) has experienced a -16.06% fall in stock performance for the past week, with a -19.69% drop in the past month, and a -16.21% drop in the past quarter. The volatility ratio for the week is 5.16%, and the volatility levels for the past 30 days are at 5.29% for PMTS. The simple moving average for the past 20 days is -13.89% for PMTS’s stock, with a 1.68% simple moving average for the past 200 days.
Analysts’ Opinion of PMTS
Many brokerage firms have already submitted their reports for PMTS stocks, with ROTH MKM repeating the rating for PMTS by listing it as a “Buy.” The predicted price for PMTS in the upcoming period, according to ROTH MKM is $40 based on the research report published on February 23, 2024 of the current year 2024.
B. Riley Securities, on the other hand, stated in their research note that they expect to see PMTS reach a price target of $31. The rating they have provided for PMTS stocks is “Buy” according to the report published on September 19th, 2023.
Lake Street gave a rating of “Buy” to PMTS, setting the target price at $26 in the report published on December 16th of the previous year.
PMTS Trading at -15.80% from the 50-Day Moving Average
After a stumble in the market that brought PMTS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -25.81% of loss for the given period.
Volatility was left at 5.29%, however, over the last 30 days, the volatility rate increased by 5.16%, as shares sank -14.66% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -23.56% lower at present.
During the last 5 trading sessions, PMTS fell by -16.06%, which changed the moving average for the period of 200-days by +26.23% in comparison to the 20-day moving average, which settled at $26.51. In addition, CPI Card Group Inc saw 19.85% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at PMTS starting from Vollmer Sonya, who sale 3,660 shares at the price of $25.10 back on Sep 13 ’24. After this action, Vollmer Sonya now owns 0 shares of CPI Card Group Inc, valued at $91,866 using the latest closing price.
SHEINBAUM MARC, the Director of CPI Card Group Inc, purchase 2,000 shares at $25.26 during a trade that took place back on Aug 08 ’24, which means that SHEINBAUM MARC is holding 10,390 shares at $50,520 based on the most recent closing price.
Stock Fundamentals for PMTS
Current profitability levels for the company are sitting at:
- 0.12 for the present operating margin
- 0.34 for the gross margin
The net margin for CPI Card Group Inc stands at 0.04. The total capital return value is set at 0.21.
Based on CPI Card Group Inc (PMTS), the company’s capital structure generated 1.19 points at debt to capital in total, while cash flow to debt ratio is standing at 0.1. The debt to equity ratio resting at -6.22. The interest coverage ratio of the stock is 2.65.
Currently, EBITDA for the company is 77.52 million with net debt to EBITDA at 3.93. When we switch over and look at the enterprise to sales, we see a ratio of 1.19. The receivables turnover for the company is 5.75for trailing twelve months and the total asset turnover is 1.37. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.61.
Conclusion
To put it simply, CPI Card Group Inc (PMTS) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
