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Posted by
Two Blokes May 23 -
Filed in
Stock
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4 views
CPI Card Group's Q1 results were quite weak. Good sales growth was offset by a significant decline in the gross margin. The 2025 guidance should be taken with some caution. The recent Arroweye acquisition is fair. While coming at an EV/EBITDA higher than CPI Card Group's own, sales and cost synergies should offset the fact. After the stock's crash, PMTS stock is very attractively priced. I estimate a 65% upside to $33.00.
