EZCORP, Inc. (EZPW) Receives Consensus Rating of “Hold” from Analysts
Shares of EZCORP, Inc. (NASDAQ:EZPW) have earned a consensus recommendation of “Hold” from the seven brokerages that are currently covering the stock, MarketBeat Ratings reports. Five analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $10.88.
A number of equities research analysts have recently weighed in on EZPW shares. Stephens upgraded EZCORP from an “underweight” rating to an “equal weight” rating in a research note on Friday, April 7th. They noted that the move was a valuation call. Zacks Investment Research upgraded EZCORP from a “sell” rating to a “hold” rating in a research note on Wednesday, April 5th. BidaskClub lowered EZCORP from a “hold” rating to a “sell” rating in a research note on Thursday, July 13th. Jefferies Group LLC restated a “hold” rating and set a $10.50 price target on shares of EZCORP in a research note on Friday, June 16th. Finally, TheStreet upgraded EZCORP from a “d+” rating to a “c-” rating in a research note on Friday, May 19th.
Shares of EZCORP (EZPW) traded up 0.63% during mid-day trading on Tuesday, hitting $7.95. 394,684 shares of the stock were exchanged. EZCORP has a 12 month low of $7.55 and a 12 month high of $12.00. The stock’s 50 day moving average is $8.35 and its 200-day moving average is $8.77. The stock has a market cap of $431.62 million, a PE ratio of 35.49 and a beta of 1.98.
EZCORP (NASDAQ:EZPW) last announced its earnings results on Wednesday, May 3rd. The credit services provider reported $0.15 EPS for the quarter, topping the Zacks’ consensus estimate of $0.14 by $0.01. The business had revenue of $189.60 million during the quarter, compared to the consensus estimate of $190.04 million. EZCORP had a net margin of 1.73% and a return on equity of 3.29%. The firm’s quarterly revenue was up .7% compared to the same quarter last year. On average, analysts anticipate that EZCORP will post $0.51 EPS for the current year.
A number of large investors have recently modified their holdings of EZPW. Rovida Advisors Inc. raised its stake in shares of 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 raised its stake in shares of 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. Lafitte Capital Management LP raised its stake in shares of EZCORP by 8.4% in the first quarter. Lafitte Capital Management LP now owns 3,540,000 shares of the credit services provider’s stock worth $28,851,000 after buying an additional 275,127 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of EZCORP by 6.3% in the first quarter. Vanguard Group Inc. now owns 3,556,315 shares of the credit services provider’s stock worth $28,984,000 after buying an additional 211,793 shares in the last quarter. Finally, James Investment Research Inc. purchased a new stake in shares of EZCORP during the second quarter worth approximately $1,273,000. Hedge funds and other institutional investors own 85.99% 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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