Shares of World Acceptance Corporation (NASDAQ:WRLD) have earned an average rating of “Hold” from the seven analysts that are presently covering the stock, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a sell rating, two have given a hold rating and one has given a strong buy rating to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $59.00.

Several brokerages recently commented on WRLD. Jefferies Group LLC reissued a “sell” rating and set a $60.00 price target on shares of World Acceptance Corporation in a research report on Thursday, October 12th. Zacks Investment Research raised World Acceptance Corporation from a “strong sell” rating to a “hold” rating in a research report on Thursday, October 5th. BidaskClub raised World Acceptance Corporation from a “sell” rating to a “hold” rating in a research report on Wednesday, August 9th. Finally, ValuEngine raised World Acceptance Corporation from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, August 1st.

World Acceptance Corporation (NASDAQ:WRLD) last issued its quarterly earnings results on Wednesday, November 1st. The credit services provider reported $1.10 EPS for the quarter, missing the consensus estimate of $1.87 by ($0.77). World Acceptance Corporation had a net margin of 13.13% and a return on equity of 15.75%. The company had revenue of $131.00 million for the quarter, compared to analyst estimates of $130.20 million. During the same period last year, the company posted $0.18 earnings per share. The business’s revenue for the quarter was up 1.3% on a year-over-year basis.

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Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. lifted its position in shares of World Acceptance Corporation by 0.7% in the second quarter. PNC Financial Services Group Inc. now owns 4,530 shares of the credit services provider’s stock valued at $340,000 after buying an additional 31 shares during the last quarter. Texas Permanent School Fund lifted its position in shares of World Acceptance Corporation by 0.8% in the second quarter. Texas Permanent School Fund now owns 4,364 shares of the credit services provider’s stock valued at $327,000 after buying an additional 36 shares during the last quarter. Wells Fargo & Company MN lifted its position in shares of World Acceptance Corporation by 1.7% in the second quarter. Wells Fargo & Company MN now owns 4,773 shares of the credit services provider’s stock valued at $358,000 after buying an additional 82 shares during the last quarter. Spark Investment Management LLC lifted its position in shares of World Acceptance Corporation by 0.3% in the second quarter. Spark Investment Management LLC now owns 34,000 shares of the credit services provider’s stock valued at $2,546,000 after buying an additional 100 shares during the last quarter. Finally, Aperio Group LLC lifted its position in shares of World Acceptance Corporation by 3.1% in the second quarter. Aperio Group LLC now owns 7,709 shares of the credit services provider’s stock valued at $577,000 after buying an additional 233 shares during the last quarter. 92.12% of the stock is owned by institutional investors.

World Acceptance Corporation Company Profile

World Acceptance Corporation operates a small-loan consumer finance business in 15 states and Mexico as of March 31, 2016. The Company offers short-term small installment loans, medium-term larger installment loans, related credit insurance and ancillary products and services to individuals. The Company offers standardized installment loans generally between $300 and $4,000 through 1,339 branches in Alabama, Georgia, Idaho, Illinois, Indiana, Kentucky, Louisiana, Mississippi, Missouri, New Mexico, Oklahoma, South Carolina, Texas, Tennessee, Wisconsin and Mexico as of March 31, 2016.

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