Encore Capital Group (ECPG) to Release Earnings on Wednesday

Encore Capital Group (NASDAQ:ECPG) is set to release its earnings data after the market closes on Wednesday, February 21st. Analysts expect Encore Capital Group to post earnings of $0.94 per share for the quarter.

Shares of Encore Capital Group (ECPG) opened at $40.60 on Wednesday. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 5.60. Encore Capital Group has a twelve month low of $28.95 and a twelve month high of $52.00. The stock has a market capitalization of $1,033.68, a PE ratio of 11.44, a P/E/G ratio of 0.76 and a beta of 1.80.

Several research firms recently issued reports on ECPG. BidaskClub upgraded Encore Capital Group from a “strong sell” rating to a “sell” rating in a report on Monday, February 5th. ValuEngine upgraded Encore Capital Group from a “buy” rating to a “strong-buy” rating in a report on Friday, February 2nd. Zacks Investment Research upgraded Encore Capital Group from a “sell” rating to a “hold” rating in a report on Wednesday, January 31st. Oppenheimer began coverage on Encore Capital Group in a report on Monday, January 8th. They issued a “buy” rating and a $53.00 price objective on the stock. Finally, Northland Securities reiterated a “hold” rating and issued a $49.00 price objective on shares of Encore Capital Group in a report on Friday, November 3rd. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. Encore Capital Group presently has a consensus rating of “Buy” and an average price target of $48.10.

In other news, insider Paul Grinberg sold 19,273 shares of the business’s stock in a transaction that occurred on Wednesday, January 17th. The stock was sold at an average price of $40.82, for a total transaction of $786,723.86. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Over the last 90 days, insiders have sold 95,365 shares of company stock worth $4,015,307. Insiders own 8.80% of the company’s stock.

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About Encore Capital Group

Encore Capital Group, Inc, through its subsidiaries, is a specialty finance company providing debt recovery solutions for consumers and property owners across a range of financial assets. The Company operates through Portfolio Purchasing and Recovery segment. The Company’s geographical segments include the United States, Europe and other.

Earnings History for Encore Capital Group (NASDAQ:ECPG)

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