Shares of EZCORP, Inc. (NASDAQ:EZPW) have been assigned a consensus recommendation of “Hold” from the seven ratings firms that are currently covering the stock, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $10.00.
Several analysts have issued reports on the company. Sidoti initiated coverage on EZCORP in a report on Thursday, August 10th. They issued a “neutral” rating for the company. BidaskClub upgraded EZCORP from a “sell” rating to a “hold” rating in a report on Monday, July 24th. Zacks Investment Research upgraded EZCORP from a “hold” rating to a “buy” rating and set a $9.75 price target for the company in a report on Monday, August 7th. Jefferies Group LLC upgraded EZCORP from a “hold” rating to a “buy” rating and set a $10.50 price target for the company in a report on Friday, August 4th. Finally, TheStreet upgraded EZCORP from a “d+” rating to a “c-” rating in a report on Friday, May 19th.
EZCORP (EZPW) traded up 0.53% on Wednesday, reaching $9.40. 511,071 shares of the company’s stock traded hands. The stock has a market capitalization of $510.38 million, a price-to-earnings ratio of 21.66 and a beta of 1.95. The firm has a 50-day moving average price of $8.91 and a 200-day moving average price of $8.58. EZCORP has a 52 week low of $7.55 and a 52 week high of $12.00.
EZCORP (NASDAQ:EZPW) last issued its earnings results on Monday, July 31st. The credit services provider reported $0.10 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.11 by ($0.01). The company had revenue of $183.60 million during the quarter, compared to analysts’ expectations of $182.10 million. EZCORP had a net margin of 3.16% and a return on equity of 3.65%. The business’s quarterly revenue was up 7.9% on a year-over-year basis. On average, analysts predict that EZCORP will post $0.54 earnings per share for the current year.
A number of institutional investors and hedge funds have recently bought and sold shares of EZPW. Archon Capital Management LLC acquired a new position in EZCORP during the 2nd quarter worth about $5,725,000. Huber Capital Management LLC lifted its stake in EZCORP by 46.2% during the 2nd quarter. Huber Capital Management LLC now owns 2,262,319 shares of the credit services provider’s stock worth $17,420,000 after acquiring an additional 715,233 shares in the last quarter. Rovida Advisors Inc. lifted its stake in EZCORP by 20.8% during the 2nd quarter. Rovida Advisors Inc. now owns 3,075,000 shares of the credit services provider’s stock worth $23,524,000 after acquiring an additional 528,591 shares in the last quarter. Lafitte Capital Management LP lifted its stake in EZCORP by 8.4% during the 1st quarter. Lafitte Capital Management LP now owns 3,540,000 shares of the credit services provider’s stock worth $28,851,000 after acquiring an additional 275,127 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in EZCORP by 6.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 4,037,375 shares of the credit services provider’s stock worth $31,088,000 after acquiring an additional 253,768 shares in the last quarter. 89.43% of the stock is currently owned by hedge funds and other institutional investors.
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EZCORP, Inc provides pawn loans in the United States and Mexico, and consumer loans in Mexico. The Company operates through three segments: U.S. Pawn, which includes its EZPAWN, Value Pawn & Jewelry and other branded pawn operations in the United States; Mexico Pawn, which includes its Empeno Facil pawn operations and cash converters buy/sell store operations in Mexico, and Other International, which includes its CASHMAX financial services operations in Canada and its equity interest in Cash Converters International.
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