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

EZCORP, Inc. (NASDAQ:EZPW) Director Gary Tillett sold 10,000 shares of the business’s stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $25.50, for a total value of $255,000.00. Following the completion of the sale, the director owned 133,483 shares in the company, valued at approximately $3,403,816.50. The trade was a 6.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Gary Tillett also recently made the following trade(s):

• On Wednesday, February 18th, Gary Tillett sold 10,000 shares of EZCORP stock. The shares were sold at an average price of $25.00, for a total transaction of $250,000.00.

EZCORP Stock Performance

EZPW traded up $0.38 on Wednesday, hitting $25.81. The company’s stock had a trading volume of 196,244 shares, compared to its average volume of 1,017,399. EZCORP, Inc. has a 12 month low of $12.85 and a 12 month high of $26.35. The firm has a market cap of $1.59 billion, a P/E ratio of 16.50 and a beta of 0.53. The company has a quick ratio of 4.69, a current ratio of 6.03 and a debt-to-equity ratio of 0.48. The company’s 50 day simple moving average is $21.94 and its 200-day simple moving average is $19.37.

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

Institutional Investors Weigh In On EZCORP

Several hedge funds have recently bought and sold shares of the company. Y Intercept Hong Kong Ltd raised its stake in EZCORP by 398.4% during the second quarter. Y Intercept Hong Kong Ltd now owns 68,293 shares of the credit services provider’s stock worth $948,000 after buying an additional 54,590 shares during the last quarter. Amitell Capital Pte Ltd acquired a new stake in EZCORP in the second quarter valued at approximately $3,668,000. Intech Investment Management LLC increased its stake in EZCORP by 43.7% during the 2nd quarter. Intech Investment Management LLC now owns 160,683 shares of the credit services provider’s stock valued at $2,230,000 after purchasing an additional 48,831 shares in the last quarter. Fourth Sail Capital LP raised its holdings in shares of EZCORP by 30.7% in the 2nd quarter. Fourth Sail Capital LP now owns 1,251,362 shares of the credit services provider’s stock worth $17,369,000 after acquiring an additional 294,100 shares during the last quarter. Finally, Redmont Wealth Advisors LLC bought a new position in shares of EZCORP in the third quarter valued at approximately $998,000. 99.83% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. Stephens boosted their target price on EZCORP from $22.00 to $26.00 and gave the company an “equal weight” rating in a research note on Friday, February 6th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of EZCORP in a research note on Thursday, January 22nd. Citigroup reiterated an “outperform” rating on shares of EZCORP in a research report on Tuesday, January 20th. Citizens Jmp increased their price objective on EZCORP from $23.00 to $26.00 and gave the company a “market outperform” rating in a research note on Tuesday, January 20th. Finally, Roth Mkm restated a “buy” rating and issued a $26.00 target price on shares of EZCORP in a report on Tuesday, January 6th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $28.00.

EZCORP Company Profile

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.