FY2017 EPS Estimates for EZCORP, Inc. Boosted by Analyst (NASDAQ:EZPW)
EZCORP, Inc. (NASDAQ:EZPW) – Stock analysts at Jefferies Group upped their FY2017 earnings per share (EPS) estimates for EZCORP in a research report issued on Friday. Jefferies Group analyst J. Hecht now expects that the credit services provider will post earnings of $0.53 per share for the year, up from their previous estimate of $0.51. Jefferies Group currently has a “Buy” rating on the stock. Jefferies Group also issued estimates for EZCORP’s Q1 2018 earnings at $0.19 EPS, Q3 2018 earnings at $0.16 EPS, Q4 2018 earnings at $0.19 EPS and FY2018 earnings at $0.70 EPS.
EZCORP (NASDAQ:EZPW) last issued its quarterly earnings results on Monday, July 31st. The credit services provider reported $0.10 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.11 by $0.01. The company had revenue of $183.60 million during the quarter, compared to analysts’ expectations of $182.10 million. EZCORP had a return on equity of 3.65% and a net margin of 3.16%. EZCORP’s quarterly revenue was up 7.9% on a year-over-year basis.
EZPW has been the subject of several other reports. Zacks Investment Research downgraded EZCORP from a “buy” rating to a “hold” rating in a report on Friday, May 5th. BidaskClub raised EZCORP from a “sell” rating to a “hold” rating in a research report on Monday, July 24th. Finally, TheStreet raised EZCORP from a “d+” rating to a “c-” rating in a research report on Friday, May 19th. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. EZCORP presently has a consensus rating of “Hold” and a consensus target price of $9.88.
EZCORP (NASDAQ EZPW) opened at 8.75 on Monday. The stock has a market capitalization of $475.09 million, a P/E ratio of 20.16 and a beta of 1.98. The company has a 50 day moving average of $8.20 and a 200-day moving average of $8.67. EZCORP has a one year low of $7.55 and a one year high of $12.00.
Several large investors have recently added to or reduced their stakes in the stock. Wellington Management Group LLP boosted its stake in EZCORP by 2.2% in the first quarter. Wellington Management Group LLP now owns 13,848 shares of the credit services provider’s stock valued at $113,000 after buying an additional 300 shares during the period. Trexquant Investment LP acquired a new stake in EZCORP during the second quarter valued at approximately $114,000. Oxford Asset Management acquired a new stake in EZCORP during the first quarter valued at approximately $130,000. Algert Global LLC acquired a new stake in EZCORP during the second quarter valued at approximately $124,000. Finally, Hartford Investment Management Co. acquired a new stake in EZCORP during the second quarter valued at approximately $128,000. 86.10% of the stock is currently owned by institutional investors.
EZCORP Company Profile
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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