EZCORP (NASDAQ:EZPW) Director Gary Tillett Sells 10,000 Shares of Stock

EZCORP, Inc. (NASDAQ:EZPW) Director Gary Tillett sold 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $25.00, for a total value of $250,000.00. Following the sale, the director directly owned 143,483 shares in the company, valued at approximately $3,587,075. The trade was a 6.52% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

EZCORP Trading Up 1.4%

EZCORP stock opened at $25.13 on Thursday. EZCORP, Inc. has a 52 week low of $12.85 and a 52 week high of $26.35. The firm has a market capitalization of $1.55 billion, a price-to-earnings ratio of 16.11 and a beta of 0.53. The company has a debt-to-equity ratio of 0.48, a quick ratio of 4.69 and a current ratio of 6.03. The company has a 50 day moving average price of $21.57 and a 200 day moving average price of $19.06.

EZCORP (NASDAQ:EZPW) last announced its quarterly earnings results on Wednesday, February 4th. The credit services provider reported $0.55 EPS for the quarter, topping the consensus estimate of $0.40 by $0.15. EZCORP had a net margin of 9.18% and a return on equity of 12.37%. The company had revenue of $374.50 million for the quarter, compared to analyst estimates of $363.63 million. Research analysts forecast that EZCORP, Inc. will post 1.3 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have commented on EZPW. Zacks Research upgraded EZCORP from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 9th. Citizens Jmp raised their target price on EZCORP from $23.00 to $26.00 and gave the stock a “market outperform” rating in a research report on Tuesday, January 20th. Roth Mkm reiterated a “buy” rating and set a $26.00 price target on shares of EZCORP in a research note on Tuesday, January 6th. Canaccord Genuity Group set a $34.00 price objective on shares of EZCORP in a research note on Friday, February 6th. Finally, Citigroup reiterated an “outperform” rating on shares of EZCORP in a research report on Tuesday, January 20th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, EZCORP presently has a consensus rating of “Moderate Buy” and an average price target of $28.00.

Institutional Trading of EZCORP

Several large investors have recently added to or reduced their stakes in the company. GHP Investment Advisors Inc. bought a new stake in EZCORP during the 4th quarter worth approximately $25,000. Aster Capital Management DIFC Ltd acquired a new position in EZCORP in the third quarter worth $29,000. Covestor Ltd grew its holdings in EZCORP by 239.3% during the 3rd quarter. Covestor Ltd now owns 2,728 shares of the credit services provider’s stock worth $52,000 after acquiring an additional 1,924 shares during the last quarter. Deutsche Bank AG lifted its holdings in EZCORP by 533.5% in the fourth quarter. Deutsche Bank AG now owns 2,667 shares of the credit services provider’s stock valued at $52,000 after buying an additional 2,246 shares during the period. Finally, Farther Finance Advisors LLC lifted its stake in shares of EZCORP by 15,019.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 3,175 shares of the credit services provider’s stock valued at $60,000 after purchasing an additional 3,154 shares during the period. 99.83% of the stock is owned by institutional investors.

About EZCORP

EZCORP, Inc is a specialty consumer finance company that provides pawn loans and retail merchandise programs primarily through its EZPAWN and Cash Converters brands. The company offers collateral-based loans secured principally by jewelry, electronics, musical instruments and other personal items, alongside check-cashing, money-transfer and bill-payment services. In addition to its pawn lending operations, EZCORP acquires previously pawned or consumer merchandise for resale through its “Sell-It-Now” platform and retail storefronts.

Founded in 1989 and headquartered in San Antonio, Texas, EZCORP operates in two principal geographic markets: the United States and Mexico.