$10.58 0.17 (+1.63%)
11/6/2009 4:00 PM

Cardtronics (CATM)

CAPS Rating: 1 out of 5

Current Price $10.58 Mkt Cap $431.05M
Open $0.00 P/E Ratio 5.00
Prev. Close $10.41 Div. (Yield) N/A (N/A)
Daily Range $9.66 - $10.74 Volume 211,696
52-Wk Range $0.47 - $10.50 Avg. Daily Vol. 209,000

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All Members

30 Outperform
19 Underperform
 

All-Star Members

9 Outperform
7 Underperform
 

Wall Street

4 Outperform
0 Underperform
 

Top CATM Bull/Bear Pitches

The best Bull and Bear pitches based on recency and number of recommendations.

CyberPawn (99.16)
Submitted June 13, 2008

While the US ATM market is tight, Cardtronics still grows domestically by making some good acquisitions in a fragmented market.

They also made good deals on the international scene. To rectify just a few points stated by another poster:More

jbarry7757 (< 20)
Submitted December 31, 2007

Anyone investing in this company at this time must have their head examined, or they have done very little research on the industry.

First of all, Cardtronics is the industry leader of what is called the off-premise ATM market, ATMs… More

CATM VS S&P 500 (SPY)

Recent Community Commentary

Read the most recent pitches from members about CATM.

Recs

0
Member Avatar EPS100Momentum (69.62) Submitted: 10/29/2009 10:38:39 AM : Outperform Start Price: $9.39 CATM Score: +11.13

CATM in a Classic upward eps momentum trend. Today's earnings confirm a 9 month trend. CATM is now a 2 bagger in the making.

Look at the trend in upward eps by CATM in last 9 months.
Q1 0.09 eps beat est. by 350%
Q2 0.17 eps beat est. by 240%
Q3 0.24 eps beat est. by 60%

Recs

0
Member Avatar raisitup (< 20) Submitted: 8/14/2009 5:13:00 PM : Outperform Start Price: $7.83 CATM Score: +26.22

Cost-cutting measures, re-positioning for growth

Recs

2
Member Avatar jbarry7757 (< 20) Submitted: 12/31/2007 12:28:38 PM : Underperform Start Price: $10.01 CATM Score: -29.46

Anyone investing in this company at this time must have their head examined, or they have done very little research on the industry.

First of all, Cardtronics is the industry leader of what is called the off-premise ATM market, ATMs installed in retail locations and operated for a profit (hopefully). The problem is that this market has been on the down-slide for quite some time with no end in sight, cardholders are getting tired of paying surcharges at ATMs and there is a move in the country towards surcharge free networks. Per ATM transaction count, the heart of the industry, has been steadily declining for the last 5 years and will continue to do so (check out what has also happened to Triton).

The company invested into Allpoint, a surcharge free ATM network, but there is no significant growht in this sector either from a per ATM revenue perspective.

Their investments into international expansion have been questionable, at best. First of all they went into an ill-fated bidding war with TRM in the UK to purchase local companies to get market share, they grossly overpaid for all these acquisitions (see where TRM is today, almost out of business). There is a very strong anti-surcharge culture in the UK so this business model will nto be as successful there as it was in the US>

Their entry into Mexico 2 years ago has also not gone as expected, they had a two year lead which they squandered. Now there are many other US and Canadian companies entering the market and the surcharge model has not been proven in Mexico.

They have done well with ATM branding deals with banks, but how many more can they do to sustain profitability.

Lastly, they have a very large ATM network (close to 25K machines), putting into perspective, they are two times the size of the largest bank ATM network, Bank of America. Given their business model, the more they grow the more expensive it will become for them to sustain the business, with cost of cash and transportation increasing. Do they have the financial resources of a BofA to maintain that network? Only if they keep on selling shares to unsuspecting investors.

Long term, this is a very bad investment if they keep their current business model. TRM tried it and failed. I predict $7 a share within 12 months......

Leaderboard

Find the members with the highest scoring picks in CATM.

Score Leader

stockpickswing

stockpickswing (95.66) Score: +269.23

The Score Leader is the member with the highest score across all their picks in CATM.

Top
Pick
Member Name Member
Rating
Start
Date
Call Time
Frame
Start
Price
Stock
Gain
S&P
Gain
Score Commentary
stockpickswing 95.66 11/10/2008 Outperform NS $2.75 +284.73% +15.50% +269.23
ZenWarriors 62.99 6/18/2009 Outperform NS $3.31 +219.64% +17.14% +202.50
Dingo44 58.81 6/5/2009 Outperform 5Y $4.05 +161.23% +13.33% +147.91
CyberPawn 99.16 6/5/2009 Outperform 5Y $4.05 +161.23% +14.49% +146.74
buckjunkie < 20 3/24/2008 Outperform 3Y $6.92 +52.89% -16.66% +69.55
S8J < 20 10/31/2008 Outperform 1Y $5.72 +84.97% +15.48% +69.49
ugrmdclr < 20 7/21/2008 Outperform NS $7.68 +37.76% -12.62% +50.38
SoHollywood 61.52 8/10/2009 9/10/2009 Outperform 3W $6.87 +54.00% +6.46% +47.54
UGURTEMMUZ28 22.39 7/28/2008 Outperform NS $7.94 +33.25% -11.92% +45.17
omnipool 77.31 1/14/2008 Outperform NS $8.86 +19.41% -20.96% +40.37

Wall Street

See what the Wall Street professionals think, according to their public statements and filings.

Member Name Member
Rating
Start
Date
Call Time
Frame
Start
Price
Stock
Gain
S&P
Gain
Score End Date Commentary
TrackRBCCapMkts 81.74 1/23/2008 Outperform NS $8.28 +27.78% -12.15% +39.93
TrackDeutscheSec 89.50 1/22/2008 Outperform NS $8.53 +24.03% -12.23% +36.27
TrackBofASec 93.50 1/22/2008 Outperform NS $8.53 +24.03% -12.23% +36.27
TrackPiperJaff 80.38 1/22/2008 Outperform NS $8.53 +24.03% -12.23% +36.27

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