Last Updated: 14 Oct 2024
Executive Summary
CPI Card Group Inc. (PMTS) is a leading provider of financial payment card solutions. The company's stock has performed well in recent years, but it has underperformed the broader market in 2023. Despite this, analysts remain bullish on the stock, with a consensus price target of $35.67.
Company Overview
CPI Card Group Inc. is a global provider of financial payment card solutions. The company's products and services include design, production, data personalization, packaging, and fulfillment of financial payment cards. CPI Card Group serves a wide range of customers, including banks, credit unions, and other financial institutions.
Fundamental Analysis
CPI Card Group Inc.'s financial performance has been mixed in recent years. The company's revenue has grown steadily, but its profitability has declined. In 2022, the company reported revenue of $439.5 million and net income of $18.5 million. The company's gross profit margin was 42.1%, and its operating margin was 12.6%.
CPI Card Group Inc.'s balance sheet is strong. The company has $115.9 million in cash and equivalents and $235.3 million in total debt. The company's debt-to-equity ratio is 0.53.
Technical Analysis
CPI Card Group Inc.'s stock price has been in a downtrend since early 2023. The stock has fallen from a high of $31 in January to a low of $23.78 in June. The stock's 50-day moving average is $26.25, and its 200-day moving average is $22.82.
The stock's relative strength index (RSI) is 36.67, which indicates that the stock is oversold. The stock's moving average convergence divergence (MACD) is -1.23, which indicates that the stock is in a downtrend.
Short Term Outlook
CPI Card Group Inc.'s stock is likely to continue to trade in a downtrend in the short term. The stock's technical indicators are bearish, and the company's financial performance has been mixed.
Long Term Outlook
CPI Card Group Inc.'s long-term outlook is more positive. The company's revenue is expected to grow in the coming years, and its profitability is expected to improve. The company's balance sheet is strong, and it has a number of growth opportunities.
Analyst Recommendations
Analysts are bullish on CPI Card Group Inc.'s stock. The consensus price target is $35.67, which represents a potential upside of 50% from the current price. Three analysts have a buy rating on the stock, and none have a sell rating.
