Based on ratings from 0 stock analysts, the CoreCard Corporation stock price is expected to increase by 11.03% in 12 months. This is calculated by using the average 12-month stock price forecast for CoreCard Corporation. The lowest target is $15 and the highest is $15. Please note analyst price targets are not guaranteed and could be missed completely.
CCRD is a stock in Technology which has been forecasted to be worth $15 as an average. On the higher end, the forecast price is $15 USD by Hal Goetsch from B. Riley Securities and on the lower end CCRD is forecasted to be $15 by Hal Goetsch from B. Riley Securities.
These are the latest 20 analyst ratings of CCRD.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Hal Goetsch B. Riley Securities | Neutral | $15 | Downgrade | Oct 3, 2024 |
Hal Goetsch B. Riley Securities | Buy | $30 | Initiates | May 17, 2023 |
Mark Palmer BTIG | Buy | $50 | Maintains | Jan 26, 2022 |
BTIG | Buy | Maintains | Oct 5, 2020 | |
BTIG | Buy | Reiterates | Apr 3, 2020 | |
BTIG | Buy | Initiates | Jan 27, 2020 | |
Citigroup | Neutral | Initiates | Jun 9, 2015 |
When did it IPO
1982
Staff Count
1,150
Country
United States
Sector/Industry
Technology/Software - Application
CEO
Mr. James Leland Strange
Market Cap
$108.4M
In 2023, CCRD generated $56.0M in revenue, which was a decrease of -19.72% from the previous year. This can be seen as a signal that CCRD's business is declining, and its share price could be worth less 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
Summary - CCRD, GLDD, LYTS, OPFI, and AU have been assigned a Zacks Rank #1 (Strong Buy) as of October 1, 2024.
Why It Matters - The addition of CCRD, GLDD, LYTS, OPFI, and AU to the Zacks Rank #1 (Strong Buy) List signals strong growth potential, suggesting favorable investment opportunities in these stocks.
Summary - CoreCard (CCRD) shares are rising, supported by positive earnings estimate revisions, suggesting potential for further increases in the near term.
Why It Matters - Rising earnings estimates for CoreCard (CCRD) suggest positive investor sentiment and potential stock price appreciation, signaling a favorable outlook for returns.
Summary - CoreCard Corporation (NYSE: CCRD) will hold its Q2 2024 earnings conference call on August 1, 2024, at 11:00 AM ET, featuring CFO Matt White and CEO Leland Strange.
Why It Matters - CoreCard's Q2 2024 results may impact stock performance based on financial performance and insights shared during the call, affecting investor sentiment and future valuations.
Summary - CoreCard Corporation (NYSE: CCRD) reported its financial results for Q2 2024, ending June 30, highlighting its position in credit technology solutions. Further details on performance are pending.
Why It Matters - CoreCard's quarterly financial results can impact stock performance, investor sentiment, and market positioning in the competitive fintech sector. Positive results may indicate growth potential.
Summary - CoreCard Corporation (CCRD) reported quarterly earnings of $0.15 per share, exceeding the Zacks Consensus Estimate of $0.07, but down from $0.22 per share year-over-year.
Why It Matters - CoreCard's earnings beat estimates, indicating stronger-than-expected performance, which may boost investor confidence. However, the year-over-year decline raises concerns about future growth.
Summary - CoreCard Corporation (NYSE: CCRD) executives Leland Strange and Matt White will participate in upcoming investor conferences, highlighting the company's position in credit technology solutions.
Why It Matters - CoreCard's participation in investor conferences may signal strong growth potential and strategic initiatives, prompting investor interest and potentially impacting stock performance.