CoreCard Co. (NYSE:CCRD) to Post FY2025 Earnings of $0.62 Per Share, B. Riley Forecasts

CoreCard Co. (NYSE:CCRD) – Stock analysts at B. Riley lifted their FY2025 EPS estimates for CoreCard in a report released on Friday, May 3rd. B. Riley analyst H. Goetsch now forecasts that the company will post earnings per share of $0.62 for the year, up from their previous estimate of $0.60. The consensus estimate for CoreCard’s current full-year earnings is $0.12 per share.

CoreCard Stock Performance

Shares of CCRD opened at $12.81 on Monday. CoreCard has a 52 week low of $10.02 and a 52 week high of $27.16. The company has a quick ratio of 4.72, a current ratio of 4.72 and a debt-to-equity ratio of 0.02. The stock has a market cap of $104.53 million, a price-to-earnings ratio of 42.70 and a beta of 0.35. The business has a 50-day simple moving average of $11.60 and a two-hundred day simple moving average of $13.17.

CoreCard (NYSE:CCRD) last announced its earnings results on Wednesday, February 14th. The company reported $0.06 EPS for the quarter, topping analysts’ consensus estimates of $0.01 by $0.05. The company had revenue of $12.16 million for the quarter, compared to analysts’ expectations of $12.60 million. CoreCard had a return on equity of 6.59% and a net margin of 4.73%.

Institutional Investors Weigh In On CoreCard

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Denali Advisors LLC boosted its position in shares of CoreCard by 8.7% in the fourth quarter. Denali Advisors LLC now owns 17,447 shares of the company’s stock worth $241,000 after purchasing an additional 1,400 shares during the period. Ancora Advisors LLC raised its position in shares of CoreCard by 141.0% during the 3rd quarter. Ancora Advisors LLC now owns 15,107 shares of the company’s stock valued at $302,000 after purchasing an additional 8,838 shares during the period. Allspring Global Investments Holdings LLC purchased a new position in shares of CoreCard during the 3rd quarter valued at $312,000. Deutsche Bank AG boosted its holdings in CoreCard by 8.6% in the 3rd quarter. Deutsche Bank AG now owns 44,179 shares of the company’s stock worth $884,000 after buying an additional 3,501 shares during the period. Finally, Monarch Capital Management Inc. increased its stake in CoreCard by 12.5% in the 3rd quarter. Monarch Capital Management Inc. now owns 92,710 shares of the company’s stock worth $1,854,000 after buying an additional 10,285 shares in the last quarter. 43.90% of the stock is owned by hedge funds and other institutional investors.

CoreCard Company Profile

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.