No. of Recommendations: 3
From this MF article:
"CPI Card Group is one of the leading manufacturers of payment cards -- of all stripes, including credit, debit, prepaid, and digital and on-demand cards -- through its software-as-a-service (SaaS) offering. Its customers are banks, credit card issuers, payment card issuers, credit unions, fintechs, and others."
fool.com - Value stocks that can keep growing profitToday's close of $20.53 is about half it's price just 4 months ago.
Current PE is about 6, but it's been in the mid-to-high teens frequently in the last 2.5 years.
According to Y!, there appears to be one analyst following the company. Their quarterly estimates have been been consistently low, w/ 50% plus upside surprise, over the last year. Their 2024 earnings est is $3.84/sh. If the company can manage $4/sh and a PE of 15 sometime in the next 5 years that's nearly a triple from today's price.
Anyone familiar w/ this company.
P.S. Holy cow! Traded below $.50/sh on 3/17/2020. Anyone buy it then?!!
John
