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.
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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.
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