EZCORP (NASDAQ:EZPW) Cut to Hold at StockNews.com

StockNews.com downgraded shares of EZCORP (NASDAQ:EZPW) from a buy rating to a hold rating in a research report released on Tuesday.

A number of other equities research analysts have also weighed in on EZPW. Canaccord Genuity Group boosted their target price on shares of EZCORP from $19.00 to $22.00 and gave the stock a “buy” rating in a report on Friday, February 7th. Roth Mkm started coverage on shares of EZCORP in a research report on Monday, March 17th. They issued a “buy” rating and a $16.00 price target on the stock. Roth Capital set a $16.00 price objective on shares of EZCORP in a research report on Monday, March 17th. Finally, Stephens restated an “equal weight” rating and issued a $13.50 target price on shares of EZCORP in a report on Thursday, February 6th. Two equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, EZCORP has a consensus rating of “Moderate Buy” and an average target price of $16.88.

EZCORP Stock Up 2.4 %

Shares of NASDAQ:EZPW opened at $15.49 on Tuesday. EZCORP has a 52-week low of $9.66 and a 52-week high of $16.35. The company has a market capitalization of $851.01 million, a PE ratio of 13.47 and a beta of 0.81. 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 company has a fifty day moving average of $14.07 and a 200-day moving average of $12.66.

EZCORP (NASDAQ:EZPW) last issued its earnings results on Wednesday, February 5th. The credit services provider reported $0.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.35 by $0.07. EZCORP had a return on equity of 11.04% and a net margin of 7.25%. On average, equities analysts predict that EZCORP will post 1.3 EPS for the current fiscal year.

Institutional Trading of EZCORP

Large investors have recently modified their holdings of the stock. GAMMA Investing LLC boosted its stake in EZCORP by 97.0% during the fourth quarter. GAMMA Investing LLC now owns 3,156 shares of the credit services provider’s stock worth $39,000 after acquiring an additional 1,554 shares in the last quarter. KLP Kapitalforvaltning AS acquired a new position in shares of EZCORP during the fourth quarter valued at about $122,000. Sherbrooke Park Advisers LLC bought a new position in shares of EZCORP during the 4th quarter worth about $138,000. LPL Financial LLC grew its stake in shares of EZCORP by 39.3% in the 4th quarter. LPL Financial LLC now owns 14,430 shares of the credit services provider’s stock valued at $176,000 after buying an additional 4,070 shares during the period. Finally, Teza Capital Management LLC increased its position in EZCORP by 6.6% in the 4th quarter. Teza Capital Management LLC now owns 14,425 shares of the credit services provider’s stock valued at $176,000 after buying an additional 896 shares in the last quarter. Institutional investors and hedge funds 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.