Encore Capital Group (ECPG) Set to Announce Quarterly Earnings on Thursday
Encore Capital Group (NASDAQ:ECPG) will announce its Q214 earnings results on Thursday, August 7th. Analysts expect the company to announce earnings of $1.08 per share and revenue of $263.23 million for the quarter.
Encore Capital Group (NASDAQ:ECPG) traded down 0.11% during mid-day trading on Wednesday, hitting $43.052. The stock had a trading volume of 276,881 shares. Encore Capital Group has a 52 week low of $39.27 and a 52 week high of $51.95. The stock’s 50-day moving average is $44. and its 200-day moving average is $45.44. The company has a market cap of $1.107 billion and a price-to-earnings ratio of 14.83.
A number of analysts have recently weighed in on ECPG shares. Analysts at Citigroup Inc. initiated coverage on shares of Encore Capital Group in a research note on Friday, July 18th. They set a “neutral” rating on the stock. Analysts at TheStreet downgraded shares of Encore Capital Group from a “buy” rating to a “hold” rating in a research note on Monday, May 12th. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $53.08.
Encore Capital Group, Inc (NASDAQ:ECPG) is engaged in consumer debt buying and recovery.
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