Encore Capital Group Inc (NASDAQ:ECPG) Given Average Recommendation of “Buy” by Brokerages

Shares of Encore Capital Group Inc (NASDAQ:ECPG) have been given a consensus rating of “Buy” by the six research firms that are covering the company, Marketbeat.com reports. One research analyst has rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $88.00.

A number of brokerages recently commented on ECPG. Truist Financial upped their price objective on Encore Capital Group from $100.00 to $105.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Weiss Ratings downgraded Encore Capital Group from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, June 8th. Citigroup restated a “market outperform” rating on shares of Encore Capital Group in a research note on Wednesday. Wall Street Zen downgraded Encore Capital Group from a “strong-buy” rating to a “hold” rating in a research note on Saturday, May 9th. Finally, Zacks Research upgraded Encore Capital Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 26th.

Insider Buying and Selling

In related news, insider John Yung sold 2,000 shares of the company’s stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $82.08, for a total transaction of $164,160.00. Following the completion of the transaction, the insider directly owned 64,570 shares in the company, valued at $5,299,905.60. This represents a 3.00% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 3.00% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Carnegie Investment Counsel purchased a new stake in Encore Capital Group in the 4th quarter worth about $1,453,000. Tredje AP fonden acquired a new position in Encore Capital Group in the 3rd quarter worth about $923,000. Wakefield Asset Management LLLP purchased a new stake in shares of Encore Capital Group during the 4th quarter worth about $1,234,000. Hillsdale Investment Management Inc. purchased a new stake in shares of Encore Capital Group during the 4th quarter worth about $7,453,000. Finally, Tudor Investment Corp ET AL purchased a new stake in shares of Encore Capital Group during the 3rd quarter worth about $586,000.

Encore Capital Group Stock Performance

ECPG stock opened at $82.99 on Friday. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 3.90. The firm has a market cap of $1.78 billion, a P/E ratio of 6.44 and a beta of 1.30. Encore Capital Group has a 12-month low of $35.67 and a 12-month high of $92.64. The stock’s 50 day simple moving average is $81.05 and its 200 day simple moving average is $67.45.

Encore Capital Group (NASDAQ:ECPG) last posted its quarterly earnings results on Wednesday, May 6th. The asset manager reported $3.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.02 by $0.84. The business had revenue of $475.41 million for the quarter, compared to analyst estimates of $446.26 million. Encore Capital Group had a return on equity of 30.70% and a net margin of 16.00%.The business’s revenue was up 21.0% compared to the same quarter last year. During the same period in the prior year, the company posted $1.93 EPS. Encore Capital Group has set its FY 2026 guidance at 13.000-13.000 EPS. As a group, equities research analysts predict that Encore Capital Group will post 13.01 EPS for the current year.

Encore Capital Group Company Profile

Encore Capital Group, Inc is a global specialty finance company that focuses on the purchase and management of nonperforming consumer receivables. Through its subsidiaries, the company acquires charged-off debt portfolios from credit card issuers, banks, and other financial institutions, and seeks to recover outstanding balances through a combination of customer outreach, payment arrangements, and, where appropriate, legal collection efforts. Encore’s business model emphasizes compliance with regulatory and industry standards to ensure ethical and transparent debt-recovery practices.

Headquartered in San Diego, California, Encore operates across North America and Europe.