News articles about Encore Capital Group (NASDAQ:ECPG) have trended positive this week, Accern reports. The research firm scores the sentiment of press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Encore Capital Group earned a news impact score of 0.44 on Accern’s scale. Accern also gave news articles about the asset manager an impact score of 46.2997813584688 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Encore Capital Group stock opened at $45.30 on Thursday. The firm has a market cap of $1,179.25, a P/E ratio of 14.38, a P/E/G ratio of 0.75 and a beta of 1.68. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 6.03. Encore Capital Group has a 52-week low of $28.95 and a 52-week high of $52.00.
Encore Capital Group (NASDAQ:ECPG) last issued its quarterly earnings data on Wednesday, February 21st. The asset manager reported $1.05 earnings per share for the quarter, beating the consensus estimate of $0.94 by $0.11. The firm had revenue of $317.48 million for the quarter, compared to analyst estimates of $297.72 million. Encore Capital Group had a net margin of 7.01% and a return on equity of 18.70%. The company’s revenue for the quarter was up 17.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.72 earnings per share. equities analysts expect that Encore Capital Group will post 4.68 EPS for the current year.
A number of analysts have recently issued reports on ECPG shares. BidaskClub lowered shares of Encore Capital Group from a “sell” rating to a “strong sell” rating in a research report on Thursday, January 18th. Zacks Investment Research lowered shares of Encore Capital Group from a “hold” rating to a “sell” rating in a research report on Tuesday, January 16th. Oppenheimer started coverage on shares of Encore Capital Group in a research report on Monday, January 8th. They issued a “buy” rating and a $53.00 price target for the company. Finally, ValuEngine raised shares of Encore Capital Group from a “buy” rating to a “strong-buy” rating in a research report on Sunday, December 31st. One analyst has rated the stock with a sell rating, two have given a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $50.90.
In related news, insider Paul Grinberg sold 37,546 shares of the firm’s stock in a transaction that occurred on Tuesday, December 26th. The shares were sold at an average price of $42.43, for a total transaction of $1,593,076.78. Following the transaction, the insider now owns 250,171 shares of the company’s stock, valued at $10,614,755.53. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In the last ninety days, insiders have sold 114,138 shares of company stock worth $4,801,521. Insiders own 8.80% of the company’s stock.
Encore Capital Group Company Profile
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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