FY2025 Earnings Estimate for CoreCard Co. (NYSE:CCRD) Issued By B. Riley

CoreCard Co. (NYSE:CCRD) – Investment analysts at B. Riley increased their FY2025 earnings per share estimates for CoreCard in a report released on Friday, May 3rd. B. Riley analyst H. Goetsch now expects that the company will earn $0.62 per share 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 Trading Up 3.5 %

NYSE:CCRD opened at $13.16 on Monday. The firm’s fifty day moving average is $11.58 and its 200-day moving average is $13.27. The company has a debt-to-equity ratio of 0.02, a quick ratio of 4.66 and a current ratio of 4.66. CoreCard has a 52 week low of $10.02 and a 52 week high of $27.16. The firm has a market cap of $107.39 million, a P/E ratio of 43.87 and a beta of 0.35.

CoreCard (NYSE:CCRD) last posted its quarterly earnings data on Wednesday, February 14th. The company reported $0.06 EPS for the quarter, beating analysts’ consensus estimates of $0.01 by $0.05. CoreCard had a net margin of 4.73% and a return on equity of 6.51%. The company had revenue of $12.16 million for the quarter, compared to analyst estimates of $12.60 million.

Institutional Investors Weigh In On CoreCard

A number of institutional investors have recently modified their holdings of the company. Investors Asset Management of Georgia Inc. GA ADV lifted its position in shares of CoreCard by 3.9% during the 4th quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 305,306 shares of the company’s stock valued at $4,297,000 after acquiring an additional 11,461 shares during the period. Denali Advisors LLC lifted its position in shares of CoreCard by 8.7% during the 4th quarter. Denali Advisors LLC now owns 17,447 shares of the company’s stock valued at $241,000 after acquiring an additional 1,400 shares during the period. Ancora Advisors LLC lifted 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 acquiring an additional 8,838 shares during the period. Deutsche Bank AG lifted its position in shares of CoreCard by 8.6% during the 3rd quarter. Deutsche Bank AG now owns 44,179 shares of the company’s stock valued at $884,000 after acquiring an additional 3,501 shares during the period. Finally, Monarch Capital Management Inc. lifted its position in shares of CoreCard by 12.5% during the 3rd quarter. Monarch Capital Management Inc. now owns 92,710 shares of the company’s stock valued at $1,854,000 after acquiring an additional 10,285 shares during the period. 43.90% of the stock is owned by institutional investors.

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.