Cass Information SystemsCASS
CASS
About: Cass Information Systems Inc is a provider of payment and information processing services to large manufacturing, distribution and retail enterprises across the United States. The company provides transportation invoice rating, payment processing, auditing, accounting, and transportation information. It is also a processor and payer of energy invoices, including electricity, gas, waste, and other facility-related expenses. It operates in two segments: Information Services and Banking Services. The firm generates maximum revenue from the Information Services segment.
Employees: 1,209
0
Funds holding %
of 6,823 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
7% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 15
4% more capital invested
Capital invested by funds: $324M [Q2] → $336M (+$11.5M) [Q3]
0.02% less ownership
Funds ownership: 59.31% [Q2] → 59.29% (-0.02%) [Q3]
1% less funds holding
Funds holding: 135 [Q2] → 134 (-1) [Q3]
13% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 45
63% less call options, than puts
Call options by funds: $79K | Put options by funds: $216K
Research analyst outlook
We haven’t received any recent analyst ratings for CASS.
Financial journalist opinion
Based on 5 articles about CASS published over the past 30 days
Negative
Zacks Investment Research
5 days ago
Analysts Estimate Cass Information Systems (CASS) to Report a Decline in Earnings: What to Look Out for
Cass (CASS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Neutral
Zacks Investment Research
1 week ago
Is the Options Market Predicting a Spike in Cass Information Systems (CASS) Stock?
Investors need to pay close attention to Cass Information Systems (CASS) stock based on the movements in the options market lately.
Neutral
Business Wire
2 weeks ago
Cass Information Systems Acquires AcuAudit Platform from Acuitive Solutions
ST. LOUIS--(BUSINESS WIRE)--Cass Information Systems, Inc. (Nasdaq: CASS) (Cass), the leading global provider of freight audit & payment solutions, has acquired AcuAudit, the premier freight audit platform for ocean and international air freight, from Acuitive Solutions LLC. Global shippers choose AcuAudit for its advanced audit and accounting automation capabilities. Shippers especially value the solution because it enables a fast and accurate understanding of landed costs at the product l.
Negative
Zacks Investment Research
3 weeks ago
Cass (CASS) Loses -8.56% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
Cass (CASS) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
Neutral
Zacks Investment Research
4 weeks ago
Here's Why Cass (CASS) is Poised for a Turnaround After Losing -7.51% in 4 Weeks
Cass (CASS) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
Positive
Seeking Alpha
1 month ago
14 Upcoming Dividend Increases, Including A King
Happy Thanksgiving! Enjoy the holiday season and dividend raises. Fourteen companies increased dividends this week, with Lancaster Colony extending its 62-year streak by 5.6%. The average dividend increase is 5.5%, and McDonald's will become a dividend king next year with a 49-year streak. My strategy involves buying, holding, and adding to companies that consistently increase dividends and beat benchmarks, using data from U.S. Dividend Champions and NASDAQ.
Neutral
Business Wire
2 months ago
Cass Information Systems Forms Strategic Partnership with Brazilian Firm Lupeon to Drive Global Growth
ST. LOUIS--(BUSINESS WIRE)--Cass Information Systems, Inc. (Nasdaq: CASS) (“Cass”), the leading global provider of freight audit and payment solutions, has announced a partnership with Lupeon, Brazil's leading freight audit provider, to deliver an in-region solution for Cass's global client base. U.S.-based Cass provides a global solution covering all other regions of South America. In Brazil, unique regulatory requirements for freight charges necessitate a highly distinct process. An invoice c.
Positive
Seeking Alpha
2 months ago
Cass Information Systems: Safe Dividend But Efficiency Needs Urgent Improvement
Cass Information Systems operates in two segments: Information Services and Banking Services, with a diverse client base and international presence. Cass's invoice processing and banking services give it a competitive advantage, but improving efficiency is still a top priority. Cass has a long-standing dividend history with low growth lately, supported by a strong balance sheet and no debt.
Negative
Zacks Investment Research
3 months ago
Cass Information Systems (CASS) Lags Q3 Earnings Estimates
Cass Information Systems (CASS) came out with quarterly earnings of $0.21 per share, missing the Zacks Consensus Estimate of $0.50 per share. This compares to earnings of $0.54 per share a year ago.
Neutral
Business Wire
3 months ago
Cass Information Systems Reports Third Quarter 2024 Results
ST. LOUIS--(BUSINESS WIRE)--Cass Information Systems, Inc. (Nasdaq: CASS), (the Company or Cass) reported third quarter 2024 earnings of $0.21 per diluted share, as compared to $0.54 in the third quarter of 2023 and $0.32 in the second quarter of 2024. Net income for the period was $2.9 million, as compared to $7.4 million in the third quarter of 2023 and $4.5 million in the second quarter of 2024. Net income and earnings per diluted share were negatively impacted by $6.6 million of bad debt ex.
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