EZCORP, Inc. (NASDAQ:EZPW) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of EZCORP, Inc. (NASDAQ:EZPW) have been given an average rating of “Moderate Buy” by the five brokerages that are currently covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating on the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $18.25.

EZPW has been the topic of several recent research reports. Roth Mkm started coverage on EZCORP in a research report on Monday, March 17th. They set a “buy” rating and a $16.00 price objective on the stock. Wall Street Zen lowered shares of EZCORP from a “strong-buy” rating to a “buy” rating in a research report on Thursday, May 22nd. Canaccord Genuity Group dropped their price objective on shares of EZCORP from $25.00 to $24.00 and set a “buy” rating for the company in a research note on Tuesday, May 6th. Stephens restated an “equal weight” rating and set a $17.00 target price on shares of EZCORP in a research report on Tuesday, May 20th. Finally, BTIG Research initiated coverage on shares of EZCORP in a report on Wednesday, May 14th. They set a “neutral” rating on the stock.

EZCORP Trading Up 1.7%

Shares of EZCORP stock opened at $13.24 on Friday. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.91 and a quick ratio of 2.13. The business has a fifty day simple moving average of $14.77 and a two-hundred day simple moving average of $13.55. EZCORP has a 1 year low of $9.66 and a 1 year high of $16.60. The company has a market capitalization of $728.39 million, a price-to-earnings ratio of 11.51 and a beta of 0.53.

EZCORP (NASDAQ:EZPW) last posted 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 company had revenue of $306.32 million during the quarter, compared to analysts’ expectations of $310.35 million. EZCORP had a net margin of 7.25% and a return on equity of 11.04%. Research analysts forecast that EZCORP will post 1.3 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Ellsworth Advisors LLC bought a new stake in EZCORP during the first quarter worth $549,000. Intech Investment Management LLC acquired a new position in shares of EZCORP during the 1st quarter worth $1,646,000. Empowered Funds LLC raised its holdings in shares of EZCORP by 2.1% during the 1st quarter. Empowered Funds LLC now owns 348,482 shares of the credit services provider’s stock worth $5,130,000 after buying an additional 7,059 shares in the last quarter. Caxton Associates LLP bought a new stake in shares of EZCORP during the 1st quarter worth $362,000. Finally, Uniplan Investment Counsel Inc. acquired a new stake in EZCORP in the first quarter valued at about $999,000. 99.83% of the stock is owned by institutional investors.

About EZCORP

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.