EZCORP, Inc. (EZPW) Receives $10.00 Consensus Price Target from Analysts

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.

COPYRIGHT VIOLATION NOTICE: This report was first posted by Transcript Daily and is the property of of Transcript Daily. If you are accessing this report on another publication, it was copied illegally and reposted in violation of U.S. & international copyright and trademark laws. The legal version of this report can be read at https://transcriptdaily.com/2017/09/16/ezcorp-inc-ezpw-receives-10-00-consensus-price-target-from-analysts.html.

About EZCORP

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.

Receive News & Ratings for EZCORP Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EZCORP Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply