Other research analysts also recently issued research reports about the stock. ValuEngine raised shares of EZCORP from a sell rating to a hold rating in a research note on Friday, January 3rd. B. Riley cut their target price on shares of EZCORP from $14.00 to $12.00 and set a buy rating on the stock in a research report on Tuesday, December 3rd. Finally, Zacks Investment Research raised shares of EZCORP from a sell rating to a hold rating in a research report on Wednesday, December 4th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company. The company has an average rating of Hold and an average target price of $11.50.
EZPW stock traded up $0.04 during trading on Thursday, hitting $4.91. The company had a trading volume of 312,886 shares, compared to its average volume of 665,603. The firm has a market capitalization of $271.98 million, a P/E ratio of 37.77 and a beta of 1.75. EZCORP has a 52-week low of $4.77 and a 52-week high of $11.25. The company has a 50 day simple moving average of $6.11 and a 200-day simple moving average of $6.56. The company has a quick ratio of 3.69, a current ratio of 5.35 and a debt-to-equity ratio of 0.57.
EZCORP (NASDAQ:EZPW) last posted its quarterly earnings results on Monday, February 3rd. The credit services provider reported $0.16 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.22 by ($0.06). The company had revenue of $222.44 million during the quarter, compared to analysts’ expectations of $231.17 million. EZCORP had a return on equity of 5.55% and a net margin of 0.84%. The company’s quarterly revenue was up 3.1% on a year-over-year basis. During the same period in the prior year, the business earned $0.28 EPS. Sell-side analysts forecast that EZCORP will post 0.66 earnings per share for the current year.
Hedge funds and other institutional investors have recently bought and sold shares of the business. PNC Financial Services Group Inc. increased its position in EZCORP by 758.7% during the 4th quarter. PNC Financial Services Group Inc. now owns 4,139 shares of the credit services provider’s stock valued at $28,000 after purchasing an additional 3,657 shares during the period. Quantum Capital Management purchased a new position in EZCORP during the 3rd quarter valued at about $30,000. Tower Research Capital LLC TRC increased its position in EZCORP by 4,435.8% during the 4th quarter. Tower Research Capital LLC TRC now owns 8,618 shares of the credit services provider’s stock valued at $59,000 after purchasing an additional 8,428 shares during the period. Investors Financial Group LLC purchased a new position in EZCORP during the 4th quarter valued at about $70,000. Finally, Jane Street Group LLC purchased a new position in EZCORP during the 4th quarter valued at about $116,000. 94.34% of the stock is currently owned by institutional investors and hedge funds.
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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