EZCORP, Inc. (NASDAQ:EZPW) – Jefferies Group increased their Q1 2019 EPS estimates for shares of EZCORP in a research note issued on Friday. Jefferies Group analyst J. Hecht now expects that the credit services provider will earn $0.22 per share for the quarter, up from their prior estimate of $0.20. Jefferies Group has a “Buy” rating and a $13.00 price objective on the stock. Jefferies Group also issued estimates for EZCORP’s Q2 2019 earnings at $0.21 EPS, Q3 2019 earnings at $0.19 EPS, Q4 2019 earnings at $0.22 EPS and FY2019 earnings at $0.84 EPS.
Other research analysts have also recently issued reports about the stock. Zacks Investment Research upgraded shares of EZCORP from a “hold” rating to a “buy” rating and set a $10.00 target price for the company in a report on Friday, September 8th. ValuEngine upgraded shares of EZCORP from a “hold” rating to a “buy” rating in a report on Thursday, November 16th. BidaskClub raised shares of EZCORP from a “sell” rating to a “hold” rating in a research report on Monday, July 24th. Finally, Sidoti initiated coverage on shares of EZCORP in a research report on Thursday, August 10th. They set a “neutral” rating on the stock. Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $11.33.
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EZCORP (NASDAQ EZPW) traded up $0.15 during trading hours on Monday, hitting $11.55. 792,559 shares of the stock traded hands, compared to its average volume of 459,394. EZCORP has a one year low of $7.55 and a one year high of $12.00. The company has a market cap of $628.30, a price-to-earnings ratio of 18.28 and a beta of 1.91. The company has a debt-to-equity ratio of 0.43, a quick ratio of 5.88 and a current ratio of 8.01.
EZCORP (NASDAQ:EZPW) last posted its quarterly earnings data on Wednesday, November 15th. The credit services provider reported $0.21 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.11 by $0.10. The business had revenue of $182.07 million for the quarter, compared to the consensus estimate of $188.84 million. During the same quarter last year, the business posted ($0.31) EPS. The business’s revenue for the quarter was down 1.4% on a year-over-year basis.
Several large investors have recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP grew its stake in shares of EZCORP by 6.7% in the third quarter. Dimensional Fund Advisors LP now owns 4,309,470 shares of the credit services provider’s stock worth $40,941,000 after acquiring an additional 272,095 shares during the last quarter. Vanguard Group Inc. grew its stake in shares of EZCORP by 4.8% in the second quarter. Vanguard Group Inc. now owns 3,725,298 shares of the credit services provider’s stock worth $28,684,000 after acquiring an additional 168,983 shares during the last quarter. Rovida Advisors Inc. boosted its stake in EZCORP by 3.3% during the third quarter. Rovida Advisors Inc. now owns 3,175,000 shares of the credit services provider’s stock worth $30,163,000 after buying an additional 100,000 shares in the last quarter. Huber Capital Management LLC boosted its stake in EZCORP by 46.2% during the second quarter. Huber Capital Management LLC now owns 2,262,319 shares of the credit services provider’s stock worth $17,420,000 after buying an additional 715,233 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in EZCORP by 25.2% during the third quarter. JPMorgan Chase & Co. now owns 2,045,860 shares of the credit services provider’s stock worth $20,970,000 after buying an additional 411,457 shares in the last quarter. 88.66% of the stock is currently owned by institutional investors.
EZCORP Company Profile
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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