EZCORP (NASDAQ:EZPW) Given Equal Weight Rating at Stephens

Stephens reissued their equal weight rating on shares of EZCORP (NASDAQ:EZPW) in a research report sent to investors on Tuesday,Benzinga reports. The brokerage currently has a $17.00 target price on the credit services provider’s stock.

Other analysts have also recently issued reports about the stock. BTIG Research assumed coverage on shares of EZCORP in a research note on Wednesday, May 14th. They set a “neutral” rating for the company. Canaccord Genuity Group lowered their price target on shares of EZCORP from $25.00 to $24.00 and set a “buy” rating on the stock in a report on Tuesday, May 6th. StockNews.com raised shares of EZCORP from a “hold” rating to a “buy” rating in a report on Wednesday, April 30th. Roth Capital set a $16.00 price target on EZCORP in a research report on Monday, March 17th. Finally, Roth Mkm started coverage on EZCORP in a report on Monday, March 17th. They issued a “buy” rating and a $16.00 price objective for the company. Two analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $18.25.

EZCORP Stock Performance

Shares of EZPW opened at $13.71 on Tuesday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.13 and a current ratio of 2.91. The stock has a 50-day moving average of $15.08 and a two-hundred day moving average of $13.42. The stock has a market cap of $754.24 million, a P/E ratio of 11.92 and a beta of 0.59. EZCORP has a one year low of $9.66 and a one year high of $16.60.

EZCORP (NASDAQ:EZPW) last released its earnings results on Monday, April 28th. The credit services provider reported $0.34 EPS for the quarter, topping analysts’ consensus estimates of $0.32 by $0.02. The firm had revenue of $306.32 million during the quarter, compared to the consensus estimate of $310.35 million. EZCORP had a return on equity of 11.04% and a net margin of 7.25%. As a group, research analysts predict that EZCORP will post 1.3 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its position in shares of EZCORP by 0.3% during the 1st quarter. Vanguard Group Inc. now owns 3,263,712 shares of the credit services provider’s stock valued at $48,042,000 after acquiring an additional 9,968 shares during the period. Silvercrest Asset Management Group LLC raised its holdings in EZCORP by 18.4% in the 4th quarter. Silvercrest Asset Management Group LLC now owns 2,002,197 shares of the credit services provider’s stock worth $24,467,000 after purchasing an additional 310,706 shares during the period. Boston Partners boosted its position in EZCORP by 289.7% during the first quarter. Boston Partners now owns 1,569,488 shares of the credit services provider’s stock worth $23,499,000 after purchasing an additional 1,166,758 shares in the last quarter. Invesco Ltd. grew its holdings in EZCORP by 31.0% in the first quarter. Invesco Ltd. now owns 1,520,830 shares of the credit services provider’s stock valued at $22,387,000 after purchasing an additional 359,543 shares during the period. Finally, Millennium Management LLC grew its holdings in EZCORP by 21.8% in the first quarter. Millennium Management LLC now owns 1,455,869 shares of the credit services provider’s stock valued at $21,430,000 after purchasing an additional 260,085 shares during the period. Hedge funds and other institutional investors own 99.83% of the company’s stock.

EZCORP Company Profile

EZCORP, Inc provides pawn services in the United States and Latin America. The company operates through three segments: U.S. Pawn, Latin America Pawn, and Other Investments. The company offers pawn loans collateralized by tangible personal property, jewelry, consumer electronics, tools, sporting goods, and musical instruments.