Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Cass Information Systems Inc Market Cap
The Cass Information Systems Inc (CASS) share price is expected to increase by 0.29% over the next year. This is based on calculating the average 12-month share price estimate provided by 1 stock analysts who have covered CASS. Price targets range from $45 at the low end to $45 at the high end. The current analyst consensus for CASS is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 1 Wall Street analysts have assignedCASS 1 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Cass Information Systems Inc to buy. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on CASS. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of CASS.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Frank Schiraldi Piper Sandler | Overweight | $45 | Maintains | Oct 18, 2024 |
| Frank Schiraldi Piper Sandler | Overweight | $44 | Reiterates | Jul 22, 2024 |
| Frank Schiraldi Piper Sandler | Overweight | $51 | Upgrade | Feb 12, 2024 |
| Frank Schiraldi Piper Sandler | Neutral | $45 | Initiates | Dec 6, 2022 |
When did it IPO
1996
Staff Count
1,061
Country
United States
Sector/Industry
Industrials/Specialty Business Services
CEO
Mr. Martin H. Resch
Market Cap
$608.8M
In 2023, CASS generated $187.3M in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that CASS's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Wed, 13 Nov 2024
Sentiment - POSITIVE
Source - Seeking Alpha
Summary - Cass Information Systems, with segments in Information Services and Banking Services, has a strong balance sheet and a history of dividends, though efficiency improvements are needed.
Why It Matters - Cass Information Systems' strong balance sheet and dividend history indicate stability, while its focus on efficiency could enhance profitability, attracting income-focused investors.
Thu, 14 Nov 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Cass Information Systems has partnered with Lupeon, Brazil's top freight audit provider, to enhance freight audit solutions for its global clients, addressing Brazil's specific regulatory needs.
Why It Matters - Cass's partnership with Lupeon enhances its service offerings in Brazil, addressing local regulatory needs. This expansion could drive revenue growth and strengthen its competitive position in Latin America.
Thu, 17 Oct 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Cass Information Systems reported Q3 2024 earnings of $0.21 per diluted share, down from $0.54 in Q3 2023. Net income was $2.9 million, affected by $6.6 million in bad debt expenses.
Why It Matters - Cass Information Systems' declining earnings and net income, along with significant bad debt, indicate potential financial instability, raising concerns over future profitability and risk for investors.
Thu, 17 Oct 2024
Sentiment - NEGATIVE
Source - Zacks Investment Research
Summary - Cass Information Systems (CASS) reported quarterly earnings of $0.21 per share, missing the Zacks Consensus Estimate of $0.50 and down from $0.54 per share a year earlier.
Why It Matters - CASS's earnings miss and decline from last year signals potential operational issues, impacting investor confidence and possibly leading to a stock price drop.
Wed, 02 Oct 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Cass Information Systems (Nasdaq: CASS) has secured a GSA Multiple Award Schedule contract, allowing government agencies to use its freight audit and payment services. Cass processed $90B in payables in 2022.
Why It Matters - Cass Information Systems securing a GSA contract enhances its revenue potential and market credibility, likely boosting investor confidence and share value due to increased government business opportunities.
Fri, 19 Jul 2024
Sentiment - NEUTRAL
Source - Zacks Investment Research
Summary - Investors should monitor Cass Information Systems (CASS) stock due to recent activity in the options market.
Why It Matters - Increased activity in CASS options signals potential volatility or shifts in investor sentiment, which could impact stock performance and trading strategies.
The information that Ticker Nerd provides is general in nature as it has been prepared without taking account of your objectives, financial situation or needs. It is not intended as legal, financial or investment advice and should not be construed or relied on as such. Ticker Nerd is for information purposes only. Ticker Nerd is not responsible for any damages or losses that may occur as a result of reliance on this information. Before making any commitment of a legal or financial nature you should seek advice from a qualified and registered legal practitioner or financial or investment adviser. All content, group, messaging, tweets, newsletter, article, and email created by Ticker Nerd is intended for educational and information purposes only, is not financial, investment, legal or tax advice, and is a restatement, summary or extract of other data and research reports that are widely distributed from sources such as, but not limited to, Bloomberg, Market Watch, Wall Street Journal, Google Finance, and Yahoo Finance. Ticker Nerd is not a registered financial, investment, legal or tax advisor and is not liable for any financial loss you may incur acting on any information provided by Ticker Nerd. By registering, you agree not to hold Ticker Nerd liable at any time or under any circumstances for your decisions, actions, or results.
