CPI Card Group (PMTS) Getting Somewhat Positive Press Coverage, Report Finds

Media coverage about CPI Card Group (NASDAQ:PMTS) (TSE:PNT) has trended somewhat positive on Thursday, Accern Sentiment reports. Accern scores the sentiment of media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. CPI Card Group earned a coverage optimism score of 0.11 on Accern’s scale. Accern also gave news articles about the credit services provider an impact score of 44.3088446320556 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

These are some of the media stories that may have effected Accern’s scoring:

Shares of CPI Card Group (NASDAQ:PMTS) traded down $0.01 during midday trading on Thursday, hitting $4.11. The stock had a trading volume of 100,100 shares, compared to its average volume of 238,850. CPI Card Group has a twelve month low of $2.90 and a twelve month high of $25.50. The stock has a market capitalization of $43.43 and a price-to-earnings ratio of -3.99. The company has a debt-to-equity ratio of -2.87, a quick ratio of 2.09 and a current ratio of 2.68.

CPI Card Group (NASDAQ:PMTS) (TSE:PNT) last announced its quarterly earnings data on Tuesday, November 7th. The credit services provider reported $0.10 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.15 by ($0.05). The firm had revenue of $68.00 million during the quarter, compared to the consensus estimate of $74.73 million. CPI Card Group had a negative net margin of 4.44% and a negative return on equity of 1.51%. The firm’s quarterly revenue was down 16.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.55 earnings per share. research analysts expect that CPI Card Group will post -0.4 EPS for the current fiscal year.

PMTS has been the topic of a number of analyst reports. BMO Capital Markets dropped their target price on CPI Card Group from $11.00 to $6.50 and set a “market perform” rating on the stock in a research report on Thursday, November 9th. ValuEngine raised CPI Card Group from a “sell” rating to a “hold” rating in a research report on Wednesday, December 20th. Robert W. Baird reaffirmed a “hold” rating and set a $5.00 target price on shares of CPI Card Group in a research report on Thursday, December 21st. Finally, Zacks Investment Research lowered CPI Card Group from a “hold” rating to a “sell” rating in a research report on Thursday. Two equities research analysts have rated the stock with a sell rating and five have assigned a hold rating to the company’s stock. CPI Card Group has an average rating of “Hold” and a consensus price target of $5.75.

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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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