EZCORP (EZPW) – Analysts’ Recent Ratings Updates

A number of firms have modified their ratings and price targets on shares of EZCORP (NASDAQ: EZPW) recently:

  • 4/16/2019 – EZCORP was upgraded by analysts at ValuEngine from a “sell” rating to a “hold” rating.
  • 4/12/2019 – EZCORP is now covered by analysts at B. Riley. They set a “buy” rating and a $14.00 price target on the stock.
  • 4/5/2019 – EZCORP was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 4/2/2019 – EZCORP was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong-buy” rating. They now have a $11.00 price target on the stock. According to Zacks, “Ezcorp Inc. is engaged in establishing, acquiring, and operating pawnshops which function as convenient sources of consumer credit and as value-oriented specialty retailers of primarily previously owned merchandise. Through its lending function, the company makes relatively small, non-recourse loans secured by pledges of tangible personal property. The company contracts for a pawn service charge to compensate it for each pawn loan. “
  • 3/15/2019 – EZCORP was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 3/11/2019 – EZCORP was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Ezcorp Inc. is engaged in establishing, acquiring, and operating pawnshops which function as convenient sources of consumer credit and as value-oriented specialty retailers of primarily previously owned merchandise. Through its lending function, the company makes relatively small, non-recourse loans secured by pledges of tangible personal property. The company contracts for a pawn service charge to compensate it for each pawn loan. “
  • 2/28/2019 – EZCORP was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating.
  • 2/26/2019 – EZCORP was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 2/20/2019 – EZCORP was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.

Shares of NASDAQ:EZPW opened at $10.79 on Wednesday. The company has a market capitalization of $584.39 million, a P/E ratio of 13.66 and a beta of 1.68. EZCORP Inc has a fifty-two week low of $7.45 and a fifty-two week high of $15.10. The company has a debt-to-equity ratio of 0.31, a quick ratio of 2.26 and a current ratio of 2.94.

EZCORP (NASDAQ:EZPW) last issued its earnings results on Wednesday, January 30th. The credit services provider reported $0.31 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.22 by $0.09. EZCORP had a net margin of 2.68% and a return on equity of 6.47%. The firm had revenue of $218.10 million for the quarter, compared to analysts’ expectations of $220.63 million. During the same quarter last year, the company earned $0.27 earnings per share. The firm’s revenue was up 6.6% compared to the same quarter last year. As a group, analysts predict that EZCORP Inc will post 0.96 earnings per share for the current fiscal year.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Geode Capital Management LLC grew its position in EZCORP by 9.1% in the 4th quarter. Geode Capital Management LLC now owns 582,796 shares of the credit services provider’s stock valued at $4,505,000 after buying an additional 48,428 shares during the last quarter. Millennium Management LLC grew its position in EZCORP by 393.8% in the 4th quarter. Millennium Management LLC now owns 866,014 shares of the credit services provider’s stock valued at $6,694,000 after buying an additional 690,645 shares during the last quarter. Howard Financial Services LTD. purchased a new position in EZCORP in the 4th quarter valued at $245,000. Municipal Employees Retirement System of Michigan purchased a new position in EZCORP in the 4th quarter valued at $1,524,000. Finally, Metropolitan Life Insurance Co. NY grew its position in EZCORP by 437.9% in the 4th quarter. Metropolitan Life Insurance Co. NY now owns 19,779 shares of the credit services provider’s stock valued at $153,000 after buying an additional 16,102 shares during the last quarter. Institutional investors and hedge funds own 99.00% of the company’s stock.

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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