EZCORP, Inc. (EZPW) Given Average Rating of “Hold” by Analysts
Shares of EZCORP, Inc. (NASDAQ:EZPW) have been given a consensus recommendation of “Hold” by the seven ratings firms that are covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $12.00.
A number of research firms recently commented on EZPW. Zacks Investment Research cut EZCORP from a “hold” rating to a “sell” rating in a research note on Thursday, October 12th. Jefferies Group LLC raised EZCORP from a “hold” rating to a “buy” rating and set a $10.50 target price on the stock in a research note on Friday, August 4th. BidaskClub raised EZCORP from a “sell” rating to a “hold” rating in a research note on Monday, July 24th. Finally, Sidoti began coverage on EZCORP in a research note on Thursday, August 10th. They issued a “neutral” rating on the stock.
EZCORP (NASDAQ:EZPW) last released its earnings results on Monday, July 31st. The credit services provider reported $0.10 EPS for the quarter, missing the Zacks’ consensus estimate of $0.11 by ($0.01). The firm had revenue of $183.60 million during the quarter, compared to the consensus estimate of $182.10 million. EZCORP had a net margin of 3.16% and a return on equity of 3.65%. EZCORP’s revenue was up 7.9% compared to the same quarter last year.
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Several large investors have recently made changes to their positions in the company. Hodges Capital Management Inc. bought a new position in shares of EZCORP during the third quarter valued at about $2,102,000. Victory Capital Management Inc. grew its stake in shares of EZCORP by 7.9% during the third quarter. Victory Capital Management Inc. now owns 166,300 shares of the credit services provider’s stock valued at $1,580,000 after buying an additional 12,108 shares during the last quarter. Crossmark Global Holdings Inc. bought a new position in shares of EZCORP during the third quarter valued at about $188,000. Clear Harbor Asset Management LLC grew its stake in shares of EZCORP by 87.7% during the third quarter. Clear Harbor Asset Management LLC now owns 38,480 shares of the credit services provider’s stock valued at $366,000 after buying an additional 17,980 shares during the last quarter. Finally, The Manufacturers Life Insurance Company grew its stake in shares of EZCORP by 1.5% during the second quarter. The Manufacturers Life Insurance Company now owns 40,886 shares of the credit services provider’s stock valued at $315,000 after buying an additional 617 shares during the last quarter. 84.34% of the stock is currently owned by hedge funds and other 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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