On Aug 13, Zacks Investment Research upgraded
) to a Zacks Rank #1 (Strong Buy).
CARDTRONICS INC (CATM): Free Stock Analysis
INTERVAL LEISUR (IILG): Free Stock Analysis
COMSCORE INC (SCOR): Free Stock Analysis
SOUFUN HLDG-ADR (SFUN): Free Stock Analysis
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Why the Upgrade?
Cardtronics has been witnessing rising earnings estimates on the
back of solid second quarter 2013 results and an updated guidance
for 2013. Moreover, this owner/operator of ATMs delivered
positive earnings surprises in 2 of the last 4 quarters with an
average beat of 6.7%. The long-term expected earnings growth rate
for this stock is 14.4%
Cardtronics reported second quarter 2013 results on Jul 31.
Non-GAAP earnings per share came in at 44 cents, surpassing the
Zacks Consensus Estimate of 39 cents by 12.8% and the year-ago
earnings of 33 cents by 33.3%.
Earnings were primarily aided by solid top-line growth of 8%,
attributable to increase in ATM operating revenues.
Free cash flow was $25.1 million, up significantly from $3.7
million generated in the year ago quarter.
Cardtronics now expects its earnings per share projection for
2013 in the range of $1.97-$1.84 on revenues of $825-$840
The company's growth story seems impressive based on the
The Zacks Consensus Estimate for 2013 increased nearly 5% to
$1.69 per share as all the estimates were revised higher over the
last 30 days. The current estimate is much below the guidance
range provided by Cardtronics. For 2014, more than half of the
estimates were revised higher over the same time frame, lifting
the Zacks Consensus Estimate by 4.8% to $1.96 per share.
Other Stocks to Consider
Business service provider,
Interval Leisure Group, Inc
SouFun Holdings Ltd
), among others, carry a Zacks Rank #1 (Strong Buy) and look