World Acceptance Corp. Reaches New 12-Month High at $100.82 (WRLD)
World Acceptance Corp. (NASDAQ:WRLD)’s share price reached a new 52-week high during trading on Tuesday, Analyst Ratings Network.com reports. The stock traded as high as $100.82 and last traded at $99.53, with a volume of 301,387 shares traded. The stock had previously closed at $89.92.
WRLD has been the subject of a number of recent research reports. Analysts at FBR & Co. upgraded shares of World Acceptance Corp. (NASDAQ:WRLD) from a “market perform” rating to an “outperform” rating in a research note to investors on Tuesday. Separately, analysts at FBR Capital Markets upgraded shares of World Acceptance Corp. (NASDAQ:WRLD) from a “market perform” rating to an “outperform” rating in a research note to investors on Tuesday. They now have a $15.00 price target on the stock, down previously from $105.00. Finally, analysts at Sidoti upgraded shares of World Acceptance Corp. (NASDAQ:WRLD) from a “neutral” rating to a “buy” rating in a research note to investors on Monday.
In other World Acceptance Corp. news, SVP Francisco Sauza sold 2,000 shares of World Acceptance Corp. stock on the open market in a transaction dated Tuesday, September 17th. The stock was sold at an average price of $87.46, for a total value of $174,920.00. Following the completion of the transaction, the senior vice president now directly owns 33,378 shares of the company’s stock, valued at approximately $2,919,240. The transaction was disclosed in a filing with the SEC, which is available at this link.
World Acceptance Corp. has a 1-year low of $61.00 and a 1-year high of $100.82. The stock has a 50-day moving average of $87.42 and a 200-day moving average of $86.77. The company has a market cap of $1.117 billion and a P/E ratio of 11.03.
World Acceptance Corp. (NASDAQ:WRLD) last released its earnings data on Thursday, July 25th. The company reported $1.87 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.83 by $0.04. The company had revenue of $145.30 million for the quarter, compared to the consensus estimate of $143.71 million. During the same quarter in the prior year, the company posted $1.63 earnings per share. The company’s quarterly revenue was up 9.4% on a year-over-year basis. Analysts expect that World Acceptance Corp. will post $9.03 EPS for the current fiscal year.
World Acceptance Corporation operates a small-loan consumer finance business in 12 states and Mexico.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.