Analysts forecast that EZCORP Inc (NASDAQ:EZPW) will report $209.38 million in sales for the current quarter, Zacks reports. Two analysts have provided estimates for EZCORP’s earnings. The highest sales estimate is $213.11 million and the lowest is $205.64 million. EZCORP posted sales of $206.33 million during the same quarter last year, which would indicate a positive year-over-year growth rate of 1.5%. The business is expected to report its next quarterly earnings report on Wednesday, November 13th.
According to Zacks, analysts expect that EZCORP will report full year sales of $844.72 million for the current financial year, with estimates ranging from $843.28 million to $846.15 million. For the next year, analysts anticipate that the firm will post sales of $905.46 million, with estimates ranging from $884.01 million to $926.90 million. Zacks’ sales calculations are an average based on a survey of sell-side research analysts that that provide coverage for EZCORP.
EZPW has been the subject of several research reports. BidaskClub cut shares of EZCORP from a “sell” rating to a “strong sell” rating in a research report on Thursday, October 3rd. Jefferies Financial Group cut shares of EZCORP from a “buy” rating to a “hold” rating in a research report on Tuesday, October 8th. Zacks Investment Research cut shares of EZCORP from a “hold” rating to a “sell” rating in a research report on Wednesday, October 9th. ValuEngine raised shares of EZCORP from a “strong sell” rating to a “sell” rating in a research report on Wednesday, October 2nd. Finally, TheStreet cut shares of EZCORP from a “b-” rating to a “c” rating in a research report on Monday, August 5th. Three research analysts have rated the stock with a sell rating, one has given a hold rating and one has assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $12.50.
Institutional investors have recently added to or reduced their stakes in the business. First Trust Advisors LP raised its holdings in shares of EZCORP by 2.1% in the 1st quarter. First Trust Advisors LP now owns 95,656 shares of the credit services provider’s stock valued at $892,000 after purchasing an additional 1,936 shares in the last quarter. Crossmark Global Holdings Inc. raised its holdings in shares of EZCORP by 5.2% in the 2nd quarter. Crossmark Global Holdings Inc. now owns 29,050 shares of the credit services provider’s stock valued at $275,000 after purchasing an additional 1,427 shares in the last quarter. First Citizens Bank & Trust Co. bought a new stake in shares of EZCORP in the 2nd quarter valued at about $121,000. National Investment Services Inc. WI raised its holdings in shares of EZCORP by 24.4% in the 2nd quarter. National Investment Services Inc. WI now owns 98,576 shares of the credit services provider’s stock valued at $934,000 after purchasing an additional 19,348 shares in the last quarter. Finally, Foundry Partners LLC raised its holdings in shares of EZCORP by 7.5% in the 2nd quarter. Foundry Partners LLC now owns 609,700 shares of the credit services provider’s stock valued at $5,774,000 after purchasing an additional 42,700 shares in the last quarter. 98.24% of the stock is owned by institutional investors.
Shares of EZPW stock traded down $0.14 on Thursday, hitting $5.20. 286,200 shares of the stock traded hands, compared to its average volume of 440,993. EZCORP has a 52 week low of $5.12 and a 52 week high of $11.25. The company has a debt-to-equity ratio of 0.32, a current ratio of 8.07 and a quick ratio of 5.66. The firm has a 50 day simple moving average of $5.88 and a two-hundred day simple moving average of $8.34. The firm has a market cap of $301.62 million, a price-to-earnings ratio of 6.58 and a beta of 1.67.
EZCORP Company Profile
EZCORP, Inc provides pawn loans. It operates through three segments: U.S. Pawn, Latin America Pawn, and Other International. The company offers pawn loans, which are non-recourse loans collateralized by tangible personal property, including jewelry, consumer electronics, power tools, sporting goods, and musical instruments; and sells merchandise, such as collateral forfeited from pawn lending operations and used merchandise purchased from customers.
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