Equities research analysts expect that EZCORP Inc (NASDAQ:EZPW) will post earnings per share of $0.15 for the current fiscal quarter, Zacks reports. Two analysts have issued estimates for EZCORP’s earnings, with the lowest EPS estimate coming in at $0.12 and the highest estimate coming in at $0.18. EZCORP reported earnings of $0.14 per share in the same quarter last year, which indicates a positive year-over-year growth rate of 7.1%. The firm is scheduled to announce its next quarterly earnings results on Wednesday, August 7th.
On average, analysts expect that EZCORP will report full year earnings of $0.92 per share for the current financial year, with EPS estimates ranging from $0.87 to $0.95. For the next year, analysts anticipate that the firm will report earnings of $1.05 per share, with EPS estimates ranging from $0.96 to $1.15. Zacks’ EPS calculations are a mean average based on a survey of sell-side research firms that follow EZCORP.
EZCORP (NASDAQ:EZPW) last posted its earnings results on Wednesday, May 8th. The credit services provider reported $0.22 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.23 by ($0.01). EZCORP had a return on equity of 6.27% and a net margin of 1.63%. The business had revenue of $214.70 million for the quarter, compared to the consensus estimate of $219.87 million. During the same period in the previous year, the firm earned $0.21 earnings per share. The company’s revenue was up 5.9% compared to the same quarter last year.
A number of equities research analysts have weighed in on the stock. BidaskClub raised shares of Westport Fuel Systems from a “hold” rating to a “buy” rating in a report on Friday, July 12th. TheStreet downgraded shares of USD Partners from a “b-” rating to a “c+” rating in a research report on Friday, May 10th. ValuEngine downgraded shares of Zynerba Pharmaceuticals from a “buy” rating to a “hold” rating in a research report on Wednesday. B. Riley set a $169.00 price target on shares of Intercept Pharmaceuticals and gave the stock a “buy” rating in a research report on Friday, April 12th. Finally, Zacks Investment Research upgraded shares of General Moly from a “sell” rating to a “hold” rating in a research report on Thursday, July 11th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company’s stock. EZCORP presently has an average rating of “Hold” and a consensus price target of $12.50.
Several hedge funds and other institutional investors have recently modified their holdings of EZPW. Two Sigma Investments LP raised its stake in shares of EZCORP by 26.4% in the fourth quarter. Two Sigma Investments LP now owns 612,043 shares of the credit services provider’s stock worth $4,731,000 after purchasing an additional 128,011 shares during the last quarter. Granite Investment Partners LLC lifted its holdings in shares of EZCORP by 112.9% during the first quarter. Granite Investment Partners LLC now owns 115,694 shares of the credit services provider’s stock worth $1,078,000 after buying an additional 61,362 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of EZCORP by 5.1% during the fourth quarter. Bank of America Corp DE now owns 856,763 shares of the credit services provider’s stock worth $6,622,000 after buying an additional 41,898 shares in the last quarter. BNP Paribas Arbitrage SA lifted its holdings in shares of EZCORP by 98.7% during the first quarter. BNP Paribas Arbitrage SA now owns 11,706 shares of the credit services provider’s stock worth $109,000 after buying an additional 5,814 shares in the last quarter. Finally, Municipal Employees Retirement System of Michigan acquired a new stake in shares of EZCORP during the fourth quarter worth $1,524,000. Hedge funds and other institutional investors own 99.30% of the company’s stock.
EZPW traded up $0.05 during trading on Friday, reaching $9.70. 64,764 shares of the company’s stock were exchanged, compared to its average volume of 265,994. EZCORP has a one year low of $7.45 and a one year high of $12.43. The company has a quick ratio of 2.28, a current ratio of 2.93 and a debt-to-equity ratio of 0.31. The stock has a market capitalization of $537.77 million, a PE ratio of 12.27 and a beta of 1.76. The stock has a fifty day moving average price of $9.37.
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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