B. Riley restated their neutral rating on shares of CoreCard (NYSE:CCRD – Free Report) in a report published on Friday,Benzinga reports. They currently have a $21.00 price objective on the stock, up from their prior price objective of $16.00.
CoreCard Trading Down 6.4 %
CCRD opened at $21.54 on Friday. The company has a market cap of $170.16 million, a price-to-earnings ratio of 32.15 and a beta of 0.50. The firm has a 50 day simple moving average of $22.64 and a 200 day simple moving average of $18.20. The company has a debt-to-equity ratio of 0.04, a current ratio of 4.90 and a quick ratio of 4.90. CoreCard has a fifty-two week low of $10.02 and a fifty-two week high of $24.97.
CoreCard (NYSE:CCRD – Get Free Report) last issued its quarterly earnings data on Thursday, February 20th. The company reported $0.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.07 by $0.17. The firm had revenue of $14.82 million during the quarter, compared to analysts’ expectations of $13.40 million. CoreCard had a net margin of 9.49% and a return on equity of 10.52%. On average, sell-side analysts anticipate that CoreCard will post 0.91 earnings per share for the current year.
Institutional Inflows and Outflows
About CoreCard
CoreCard Corporation, together with its subsidiaries, offers technology solutions and processing services to the financial technology and services market in the United States, Europe, and the Middle East. It designs, develops, and markets a suite of software solutions to program managers, accounts receivable businesses, financial institutions, retailers, and processors to manage their credit and debit cards, prepaid cards, private label cards, fleet cards, buy now pay later programs, loyalty programs, and accounts receivable and loan transactions.
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