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CPI Card Group (PMTS) Soars 7.8%: Is Further Upside Left in the Stock?
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CPI Card Group Inc. (PMTS - Free Report) shares ended the last trading session 7.8% higher at $24.26. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 21.1% loss over the past four weeks.
CPI stock witnessed a price rise, driven by its strong U.S. market position, long-standing customer relationships and broad end-to-end payment card capabilities. Its offerings span card design, production, personalization, fulfillment and instant issuance, allowing customers to rely on a single provider. Relationships with its top 10 customers average more than 10 years, supported by trusted service, quality, secure data handling, deep integration into customer operations and reliable delivery.
The company also benefits from proprietary technology, industry expertise and a network of high-security facilities. Its patented Card@Once SaaS platform, Arroweye on-demand capabilities, eco-focused cards and integrations with processors, core banking systems and mobile apps support differentiation. PCI-compliant facilities require significant investment and complex audits, creating barriers to entry, while experienced leadership and continuous innovation strengthen its overall position.
This company is expected to post quarterly earnings of $0.84 per share in its upcoming report, which represents a year-over-year change of +78.7%. Revenues are expected to be $149.3 million, up 8.2% from the year-ago quarter.
While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
For CPI Card Group, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on PMTS going forward to see if this recent jump can turn into more strength down the road.
CPI Card Group belongs to the Zacks Financial - Miscellaneous Services industry. Another stock from the same industry, Axos Financial (AX - Free Report) , closed the last trading session 0.5% higher at $93.75. Over the past month, AX has returned -8.7%.
Axos Financial's consensus EPS estimate for the upcoming report has remained unchanged over the past month at $2.27. Compared to the company's year-ago EPS, this represents a change of +9.7%. Axos Financial currently boasts a Zacks Rank of #2 (Buy).
View the Zacks #1 Rank List
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CPI Card Group (PMTS) Soars 7.8%: Is Further Upside Left in the Stock?
CPI Card Group Inc. (PMTS - Free Report) shares ended the last trading session 7.8% higher at $24.26. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 21.1% loss over the past four weeks.
CPI stock witnessed a price rise, driven by its strong U.S. market position, long-standing customer relationships and broad end-to-end payment card capabilities. Its offerings span card design, production, personalization, fulfillment and instant issuance, allowing customers to rely on a single provider. Relationships with its top 10 customers average more than 10 years, supported by trusted service, quality, secure data handling, deep integration into customer operations and reliable delivery.
The company also benefits from proprietary technology, industry expertise and a network of high-security facilities. Its patented Card@Once SaaS platform, Arroweye on-demand capabilities, eco-focused cards and integrations with processors, core banking systems and mobile apps support differentiation. PCI-compliant facilities require significant investment and complex audits, creating barriers to entry, while experienced leadership and continuous innovation strengthen its overall position.
This company is expected to post quarterly earnings of $0.84 per share in its upcoming report, which represents a year-over-year change of +78.7%. Revenues are expected to be $149.3 million, up 8.2% from the year-ago quarter.
While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
For CPI Card Group, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on PMTS going forward to see if this recent jump can turn into more strength down the road.
The stock currently carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
CPI Card Group belongs to the Zacks Financial - Miscellaneous Services industry. Another stock from the same industry, Axos Financial (AX - Free Report) , closed the last trading session 0.5% higher at $93.75. Over the past month, AX has returned -8.7%.
Axos Financial's consensus EPS estimate for the upcoming report has remained unchanged over the past month at $2.27. Compared to the company's year-ago EPS, this represents a change of +9.7%. Axos Financial currently boasts a Zacks Rank of #2 (Buy).