A number of other brokerages have also commented on EZPW. BidaskClub lowered shares of EZCORP from a hold rating to a sell rating in a report on Thursday, November 8th. Zacks Investment Research upgraded shares of EZCORP from a hold rating to a buy rating and set a $11.00 target price on the stock in a report on Monday, November 19th. Finally, ValuEngine lowered shares of EZCORP from a hold rating to a sell rating in a report on Monday, December 31st. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company’s stock. The company currently has a consensus rating of Hold and an average price target of $12.50.
Shares of NASDAQ:EZPW traded up $0.07 during mid-day trading on Thursday, reaching $8.58. 324,520 shares of the company’s stock were exchanged, compared to its average volume of 753,628. The firm has a market cap of $449.77 million, a PE ratio of 10.86 and a beta of 1.64. The company has a debt-to-equity ratio of 0.30, a quick ratio of 2.27 and a current ratio of 2.91. EZCORP has a twelve month low of $7.45 and a twelve month high of $15.10.
EZCORP (NASDAQ:EZPW) last issued its quarterly earnings results on Wednesday, November 14th. The credit services provider reported $0.21 EPS for the quarter, topping analysts’ consensus estimates of $0.16 by $0.05. The company had revenue of $206.30 million for the quarter, compared to analyst estimates of $196.50 million. EZCORP had a net margin of 4.80% and a return on equity of 6.49%. EZCORP’s revenue was up 13.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.21 earnings per share. Sell-side analysts forecast that EZCORP will post 0.9 EPS for the current year.
Hedge funds have recently added to or reduced their stakes in the stock. Bank of New York Mellon Corp raised its holdings in shares of EZCORP by 0.7% during the second quarter. Bank of New York Mellon Corp now owns 647,942 shares of the credit services provider’s stock valued at $7,808,000 after purchasing an additional 4,495 shares during the period. Metropolitan Life Insurance Co. NY raised its holdings in shares of EZCORP by 33.1% during the second quarter. Metropolitan Life Insurance Co. NY now owns 19,779 shares of the credit services provider’s stock valued at $238,000 after purchasing an additional 4,920 shares during the period. United Services Automobile Association raised its holdings in shares of EZCORP by 51.0% during the second quarter. United Services Automobile Association now owns 15,386 shares of the credit services provider’s stock valued at $185,000 after purchasing an additional 5,196 shares during the period. Legal & General Group Plc raised its holdings in shares of EZCORP by 9.6% during the third quarter. Legal & General Group Plc now owns 110,392 shares of the credit services provider’s stock valued at $1,175,000 after purchasing an additional 9,668 shares during the period. Finally, Zebra Capital Management LLC acquired a new position in shares of EZCORP during the second quarter valued at about $137,000.
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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