Wall Street Analysts Predict a 27.45% Upside in CPI Card Group (PMTS): Here's What You Should Know

Core Viewpoint - CPI Card Group Inc. (PMTS) has shown a 1.3% increase in share price over the past four weeks, closing at $29.03, with a potential upside of 27.5% based on Wall Street analysts' mean price target of $37 [1] Price Targets and Analyst Estimates - The mean estimate consists of four short-term price targets with a standard deviation of $2.94, indicating variability among analysts; the lowest estimate of $33 suggests a 13.7% increase, while the highest target of $40 indicates a potential surge of 37.8% [2] - A low standard deviation in price targets suggests a high degree of agreement among analysts regarding the stock's price movement direction, which can serve as a starting point for further research [7] Earnings Estimates and Analyst Sentiment - There is increasing optimism among analysts regarding PMTS's earnings prospects, as indicated by a strong consensus in revising EPS estimates higher, which correlates with potential stock price increases [9] - Over the last 30 days, the Zacks Consensus Estimate for the current year has increased by 0.3%, with one estimate moving higher and no negative revisions [10] - PMTS holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate factors, indicating strong potential for near-term upside [11] Caution on Price Targets - While consensus price targets are a popular metric, relying solely on them for investment decisions may not be prudent due to historical inaccuracies in predicting actual stock price movements [3][5][8]