CPI Card Group: Selling Pressure Doesn't Weaken Fundamentals [Seeking Alpha]
CPI Card Group Inc. (PMTS)
Last cpi card group inc. earnings: 11/6 08:15 am
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US:NASDAQ Investor Relations:
investor.cpicardgroup.com
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Source: Seeking Alpha
Follow Play 9min Summary 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. Jun/iStock via Getty Images CPI Card Group Inc. NASDAQ: PMTS ), the payment card manufacturer, has finally returned to growth with its Q2 results and looks to again report good growth momentum in Q3. Yet, increasing operating expenses have taken some positive financial momentum away, as margins have been pressured by the company's growth-related costs and the CEO transition. In my previous article on the stock, “ CPI Card Group's Valuation Gap Is Closing Ahead Of G
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News
- Automatic Ticket Machine Market to Reach USD 39.91 Billion by 2032, Driven by Increasing Demand for Automation in Transportation | Research by SNS Insider [Yahoo! Finance]Yahoo! Finance
- CPI Card Group Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags [Yahoo! Finance]Yahoo! Finance
- CPI Card Group Inc (PMTS) Q3 2024 Earnings Call Highlights: Strong Sales Growth Amidst Debt ... [Yahoo! Finance]Yahoo! Finance
- CPI Card Group Inc. (PMTS) Tops Q3 Earnings and Revenue Estimates [Yahoo! Finance]Yahoo! Finance
- CPI Card Group Inc. Reports Third Quarter 2024 ResultsBusiness Wire
PMTS
Earnings
- 11/5/24 - Miss
PMTS
Sec Filings
- 11/12/24 - Form SC
- 11/8/24 - Form S-8
- 11/5/24 - Form 10-Q
- PMTS's page on the SEC website