EZCORP Inc (NASDAQ:EZPW) has been given an average rating of “Hold” by the six analysts that are covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and one has given a buy recommendation to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $12.00.
Several brokerages have recently weighed in on EZPW. B. Riley decreased their price target on shares of EZCORP from $14.00 to $12.00 and set a “buy” rating for the company in a research note on Tuesday, December 3rd. Zacks Investment Research upgraded EZCORP from a “sell” rating to a “hold” rating in a research note on Wednesday, December 4th. BidaskClub downgraded EZCORP from a “sell” rating to a “strong sell” rating in a research note on Thursday. Jefferies Financial Group downgraded EZCORP from a “buy” rating to a “hold” rating in a research note on Tuesday, October 8th. Finally, ValuEngine raised EZCORP from a “sell” rating to a “hold” rating in a research report on Friday, January 3rd.
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Renaissance Technologies LLC boosted its holdings in shares of EZCORP by 44.7% in the 2nd quarter. Renaissance Technologies LLC now owns 1,794,921 shares of the credit services provider’s stock valued at $16,998,000 after purchasing an additional 554,121 shares in the last quarter. Hancock Whitney Corp lifted its position in shares of EZCORP by 1,652.8% during the 2nd quarter. Hancock Whitney Corp now owns 480,134 shares of the credit services provider’s stock worth $4,547,000 after buying an additional 452,741 shares during the last quarter. Nuveen Asset Management LLC bought a new stake in shares of EZCORP during the 2nd quarter worth $1,893,000. Invesco Ltd. boosted its stake in EZCORP by 49.8% in the second quarter. Invesco Ltd. now owns 342,048 shares of the credit services provider’s stock valued at $3,239,000 after buying an additional 113,685 shares in the last quarter. Finally, BlackRock Inc. boosted its stake in EZCORP by 1.1% in the second quarter. BlackRock Inc. now owns 8,087,845 shares of the credit services provider’s stock valued at $76,592,000 after buying an additional 86,532 shares in the last quarter. 94.91% of the stock is owned by institutional investors.
EZCORP stock traded down $0.06 during mid-day trading on Thursday, hitting $6.26. 13,363 shares of the company’s stock were exchanged, compared to its average volume of 505,356. The firm has a market capitalization of $343.18 million, a P/E ratio of 7.00 and a beta of 1.77. EZCORP has a fifty-two week low of $4.77 and a fifty-two week high of $11.25. The company has a quick ratio of 4.68, a current ratio of 6.65 and a debt-to-equity ratio of 0.32. The company’s 50 day simple moving average is $6.28 and its 200-day simple moving average is $7.14.
EZCORP (NASDAQ:EZPW) last released its quarterly earnings results on Thursday, December 5th. The credit services provider reported $0.19 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.19. EZCORP had a return on equity of 6.59% and a net margin of 0.20%. The firm had revenue of $214.34 million for the quarter, compared to the consensus estimate of $214.99 million. During the same quarter last year, the business posted $0.28 EPS. The company’s revenue for the quarter was up 4.1% on a year-over-year basis. Research analysts expect that EZCORP will post 0.81 EPS for the current year.
EZCORP Company Profile
EZCORP, Inc provides pawn loans. It operates through three segments: U.S. Pawn, Latin America Pawn, and Other International. The company offers pawn loans, which are non-recourse loans collateralized by tangible personal property, including jewelry, consumer electronics, power tools, sporting goods, and musical instruments; and sells merchandise, such as collateral forfeited from pawn lending operations and used merchandise purchased from customers.
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