EZCORP, Inc. (NASDAQ:EZPW) Given Consensus Recommendation of “Moderate Buy” by Analysts

EZCORP, Inc. (NASDAQ:EZPW) has earned an average rating of “Moderate Buy” from the eight brokerages that are presently covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a hold recommendation, five have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price objective among analysts that have covered the stock in the last year is $20.3333.

EZPW has been the topic of a number of recent research reports. Canaccord Genuity Group boosted their target price on shares of EZCORP from $25.00 to $27.00 and gave the stock a “buy” rating in a research report on Monday, October 6th. JMP Securities set a $23.00 price target on shares of EZCORP in a report on Monday. Weiss Ratings reaffirmed a “buy (b)” rating on shares of EZCORP in a report on Wednesday, October 8th. Citigroup initiated coverage on shares of EZCORP in a report on Monday. They issued a “market outperform” rating on the stock. Finally, Citizens Jmp initiated coverage on shares of EZCORP in a report on Monday. They issued a “market outperform” rating and a $23.00 price target on the stock.

Insider Transactions at EZCORP

In related news, Director Matthew W. Appel sold 9,038 shares of the firm’s stock in a transaction on Friday, September 19th. The stock was sold at an average price of $18.02, for a total transaction of $162,864.76. Following the transaction, the director directly owned 133,371 shares in the company, valued at $2,403,345.42. This trade represents a 6.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 2.13% of the stock is owned by corporate insiders.

Institutional Trading of EZCORP

Institutional investors have recently added to or reduced their stakes in the business. USA Financial Formulas bought a new stake in EZCORP during the second quarter valued at $31,000. Covestor Ltd increased its stake in EZCORP by 239.3% during the third quarter. Covestor Ltd now owns 2,728 shares of the credit services provider’s stock valued at $52,000 after purchasing an additional 1,924 shares during the last quarter. Farther Finance Advisors LLC increased its stake in EZCORP by 15,019.0% during the third quarter. Farther Finance Advisors LLC now owns 3,175 shares of the credit services provider’s stock valued at $60,000 after purchasing an additional 3,154 shares during the last quarter. CWM LLC increased its stake in EZCORP by 126.3% during the third quarter. CWM LLC now owns 3,422 shares of the credit services provider’s stock valued at $65,000 after purchasing an additional 1,910 shares during the last quarter. Finally, Jones Financial Companies Lllp increased its stake in EZCORP by 913.5% during the third quarter. Jones Financial Companies Lllp now owns 4,216 shares of the credit services provider’s stock valued at $79,000 after purchasing an additional 3,800 shares during the last quarter. Institutional investors own 99.83% of the company’s stock.

EZCORP Trading Down 2.5%

NASDAQ EZPW opened at $17.68 on Wednesday. The company’s fifty day simple moving average is $17.86 and its 200-day simple moving average is $15.58. EZCORP has a 52 week low of $11.09 and a 52 week high of $19.44. The company has a current ratio of 6.31, a quick ratio of 5.00 and a debt-to-equity ratio of 0.52. The stock has a market cap of $1.08 billion, a P/E ratio of 13.81 and a beta of 0.62.

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.