Brokerage Firm Rating on Cardtronics (CATM)

Cardtronics (CATM) has an average broker rating of 1.75, which is interpreted as a Buy, as rated by 8 equity analysts. Nonetheless, 5 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 3 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.

Cardtronics (CATM) : Currently there are 4 street experts covering Cardtronics (CATM) stock. The most bullish and bearish price target for the stock is $55 and $44 respectively for the short term. The average price target of all the analysts comes to $49.75. The estimated standard deviation from the target is $4.79.


For the current week, the company shares have a recommendation consensus of Buy. Cardtronics (NASDAQ:CATM): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $46.19 and $46.04 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $46.45. The buying momentum continued till the end and the stock did not give up its gains. It closed at $46.39, notching a gain of 1.20% for the day. The total traded volume was 419,936 . The stock had closed at $45.84 on the previous day.

In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Chief Info. Security Officer) of Cardtronics Inc, Garcia Gerardo had sold 8,588 shares worth of $329,522 in a transaction dated May 26, 2016. In this transaction, 8,588 shares were sold at $38.37 per share.

Cardtronics, Inc. (Cardtronics) provides automated consumer financial services. The Company provides these services through its network of automated teller machines (ATMs) and multi-function financial services kiosks. The Companys operations consist of its U.S., Europe and Other International segments. Its U.S. segment includes the Companys operations in all 50 states, Puerto Rico and the U.S. Virgin Islands. Its Europe segment includes the Companys operations in the United Kingdom and Germany. The Companys Other International segment includes its operations in Mexico and Canada. Under the managed services arrangement, retailers, financial institutions, and ATM distributors rely on the Company to handle some or all of the operational aspects associated with operating and maintaining ATMs. The Company deploys and operates devices under three arrangements with its retail partners: Company-owned ATM placements, merchant-owned ATM placements and managed services.

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