Ezcorp Receives Average Rating of “Hold” from Brokerages (NASDAQ:EZPW)
Ezcorp (NASDAQ:EZPW) has been given an average recommendation of “Hold” by the eight brokerages that are covering the stock, AnalystRatingsNetwork reports. One analyst has rated the stock with a sell recommendation and six have issued a hold recommendation on the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $11.94.
A number of analysts have recently weighed in on EZPW shares. Analysts at Nomura reiterated a “neutral” rating on shares of Ezcorp in a research note on Thursday, July 31st. They now have a $11.00 price target on the stock, down previously from $12.00. Separately, analysts at FBR Capital Markets cut their price target on shares of Ezcorp from $12.00 to $11.00 in a research note on Thursday, July 31st. Finally, analysts at Wells Fargo & Co. downgraded shares of Ezcorp from an “outperform” rating to a “market perform” rating in a research note on Thursday, July 31st.
Ezcorp (NASDAQ:EZPW) opened at 9.51 on Friday. Ezcorp has a 52-week low of $9.22 and a 52-week high of $18.17. The stock’s 50-day moving average is $10.92 and its 200-day moving average is $11.42. The company has a market cap of $517.3 million and a P/E ratio of 29.94.
Ezcorp (NASDAQ:EZPW) last posted its quarterly earnings results on Tuesday, July 29th. The company reported $0.21 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.25 by $0.04. The company had revenue of $241.00 million for the quarter, compared to the consensus estimate of $245.60 million. During the same quarter last year, the company posted $0.29 earnings per share. Ezcorp’s revenue was up 2.6% compared to the same quarter last year. Analysts expect that Ezcorp will post $1.22 EPS for the current fiscal year.
EZCORP, Inc is a provider of instant cash solutions. The Company provides a range of instant cash solutions, including collateralized, non-recourse loans, commonly known as pawn loans, and a range of short-term consumer loans, including single-payment and multiple-payment unsecured loans and single-payment and multiple-payment auto title loans.
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