Zacks Rating on Cardtronics (CATM)

Cardtronics (CATM) : 5 brokerage houses believe that Cardtronics (CATM) is a Strong Buy at current levels. 4 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Cardtronics (CATM). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 9 Wall Street Analysts endorse the stock as a Buy with a rating of 1.89.

Cardtronics (CATM) has been rated by 4 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $55 and the lowest price target forecast is $48. The average forecast of all the analysts is $51.25 and the expected standard deviation is $2.99.


Cardtronics plc has dropped 4.59% in the last five trading days, however, the shares have posted positive gains of 4.07% in the last 4 weeks. Cardtronics plc is up 18.9% in the last 3-month period. Year-to-Date the stock performance stands at 34.62%. Cardtronics (NASDAQ:CATM): On Tuesdays trading session , Opening price of the stock was $45.98 with an intraday high of $46.18. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $45.25. However, the stock managed to close at $45.3, a loss of 1.01% for the day. On the previous day, the stock had closed at $45.76. The total traded volume of the day was 545,079 shares.

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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