Cardtronics Up 7% After Hitting 52-Week High (CATM)

Shares of Houston, Texas-based Cardtronics, Inc. CATM are currently up 7% at $18.95 per share during Friday afternoon trading. Today's trading range for shares of Cardtronics, Inc has been between $17.78 and a 52-week high of $19.45 per share. The consensus price target of analysts covering the company's stock is $21.00 per share. Volume of 1.3 million shares is already far above the daily average volume of 256,000 shares. Cardtronics, Inc. (CATM) released financial results after the market closed on Thursday that beat Wall Street estimates. Cardtronics, Inc reported 4th quarter adjusted earnings of 26 cents per share, on revenue of $134.7 million. A poll of analysts conducted by Thomson Reuters showed an average Wall Street estimate of expected earnings of 24 cents per share, on revenue of $132.1 million. Cardtronics, Inc is the world's largest non-bank owner of ATMs, operateing over 34,100 ATMs in the United States, the United Kingdom, Mexico, and the Caribbean Read more from Benzinga's Company news.
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