EZCORP Inc (EZPW) Rating Increased to C- at TheStreet
EZCORP Inc (NASDAQ:EZPW) was upgraded by research analysts at TheStreet from a “d+” rating to a “c-” rating in a research report issued to clients and investors on Friday.
A number of other research analysts also recently issued reports on the stock. Stephens upgraded shares of EZCORP from an “underweight” rating to an “equal weight” rating in a research report on Friday, April 7th. They noted that the move was a valuation call. Zacks Investment Research upgraded shares of EZCORP from a “sell” rating to a “hold” rating in a research report on Wednesday, April 5th. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $10.00.
Shares of EZCORP (NASDAQ:EZPW) traded up 1.76% during trading on Friday, reaching $8.65. The company had a trading volume of 117,861 shares. The company’s 50 day moving average is $8.68 and its 200-day moving average is $9.55. EZCORP has a 1-year low of $6.03 and a 1-year high of $12.00. The stock has a market capitalization of $469.63 million, a price-to-earnings ratio of 38.62 and a beta of 2.09.
EZCORP (NASDAQ:EZPW) last announced its quarterly earnings data on Wednesday, May 3rd. The credit services provider reported $0.15 earnings per share for the quarter, beating analysts’ consensus estimates of $0.14 by $0.01. The firm had revenue of $189.60 million for the quarter, compared to analyst estimates of $190.04 million. EZCORP had a negative net margin of 9.26% and a positive return on equity of 1.23%. The firm’s revenue for the quarter was up .7% compared to the same quarter last year. On average, equities research analysts anticipate that EZCORP will post $0.51 earnings per share for the current year.
A number of hedge funds and other institutional investors have recently bought and sold shares of EZPW. Rovida Advisors Inc. increased its position in EZCORP by 27.3% in the first quarter. Rovida Advisors Inc. now owns 2,546,409 shares of the credit services provider’s stock worth $20,626,000 after buying an additional 546,409 shares in the last quarter. Dimensional Fund Advisors LP increased its position in EZCORP by 16.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,545,649 shares of the credit services provider’s stock worth $37,762,000 after buying an additional 498,539 shares in the last quarter. Russell Investments Group Ltd. acquired a new position in EZCORP during the fourth quarter worth about $4,671,000. Emerald Acquisition Ltd. increased its position in EZCORP by 2,720.8% in the third quarter. Emerald Acquisition Ltd. now owns 327,610 shares of the credit services provider’s stock worth $3,623,000 after buying an additional 315,996 shares in the last quarter. Finally, Fuller & Thaler Asset Management Inc. acquired a new position in EZCORP during the third quarter worth about $3,291,000. Institutional investors own 87.57% of the company’s stock.
EZCORP, Inc provides pawn loans in the United States and Mexico, and consumer loans in Mexico. The Company operates through three segments: U.S. Pawn, which includes its EZPAWN, Value Pawn & Jewelry and other branded pawn operations in the United States; Mexico Pawn, which includes its Empeno Facil pawn operations and cash converters buy/sell store operations in Mexico, and Other International, which includes its CASHMAX financial services operations in Canada and its equity interest in Cash Converters International.
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