EZCORP, Inc. (NASDAQ:EZPW) Shares Sold by State of Wyoming

State of Wyoming cut its stake in EZCORP, Inc. (NASDAQ:EZPW) by 6.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 40,905 shares of the credit services provider’s stock after selling 2,806 shares during the period. State of Wyoming owned 0.08% of EZCORP worth $500,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. KLP Kapitalforvaltning AS acquired a new stake in EZCORP in the fourth quarter worth $122,000. Sherbrooke Park Advisers LLC acquired a new stake in EZCORP in the fourth quarter worth $138,000. LPL Financial LLC increased its position in EZCORP by 39.3% in the fourth quarter. LPL Financial LLC now owns 14,430 shares of the credit services provider’s stock worth $176,000 after buying an additional 4,070 shares during the period. R Squared Ltd acquired a new stake in EZCORP in the fourth quarter worth $186,000. Finally, Fox Run Management L.L.C. acquired a new stake in EZCORP in the fourth quarter worth $188,000. 99.83% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on EZPW shares. StockNews.com raised EZCORP from a “hold” rating to a “buy” rating in a research report on Wednesday, April 30th. Roth Capital set a $16.00 price target on EZCORP in a report on Monday, March 17th. Roth Mkm started coverage on EZCORP in a report on Monday, March 17th. They set a “buy” rating and a $16.00 price target on the stock. Canaccord Genuity Group lowered their price target on EZCORP from $25.00 to $24.00 and set a “buy” rating on the stock in a report on Tuesday, May 6th. Finally, Stephens reissued an “equal weight” rating and set a $13.50 price target on shares of EZCORP in a report on Thursday, February 6th. Two analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $17.38.

EZCORP Price Performance

NASDAQ:EZPW opened at $13.90 on Tuesday. The business’s 50-day moving average price is $15.07 and its 200 day moving average price is $13.42. The firm has a market cap of $764.69 million, a P/E ratio of 12.09 and a beta of 0.59. EZCORP, Inc. has a 52-week low of $9.66 and a 52-week high of $16.60. The company has a quick ratio of 2.13, a current ratio of 2.91 and a debt-to-equity ratio of 0.27.

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

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.