EZCORP (NASDAQ:EZPW) Director Pablo Lagos Espinosa Sells 10,000 Shares of Stock

EZCORP, Inc. (NASDAQ:EZPW) Director Pablo Lagos Espinosa sold 10,000 shares of the firm’s stock in a transaction on Monday, July 6th. The stock was sold at an average price of $35.54, for a total value of $355,400.00. Following the sale, the director directly owned 207,543 shares in the company, valued at $7,376,078.22. The trade was a 4.60% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Pablo Lagos Espinosa also recently made the following trade(s):

• On Friday, June 5th, Pablo Lagos Espinosa sold 10,000 shares of EZCORP stock. The shares were sold at an average price of $32.00, for a total value of $320,000.00.

EZCORP Stock Up 5.9%

Shares of EZCORP stock opened at $34.07 on Friday. The company has a market capitalization of $2.10 billion, a P/E ratio of 18.52 and a beta of 0.64. The company has a debt-to-equity ratio of 0.45, a current ratio of 4.71 and a quick ratio of 3.52. The business has a 50-day moving average of $32.79 and a two-hundred day moving average of $27.57. EZCORP, Inc. has a 1 year low of $13.07 and a 1 year high of $37.13.

EZCORP (NASDAQ:EZPW) last released its quarterly earnings data on Wednesday, May 6th. The credit services provider reported $0.58 earnings per share for the quarter, beating the consensus estimate of $0.36 by $0.22. EZCORP had a return on equity of 13.45% and a net margin of 9.91%.The business had revenue of $434.90 million for the quarter. As a group, equities analysts predict that EZCORP, Inc. will post 2 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on EZPW. Roth Capital reiterated a “buy” rating and issued a $40.00 price target on shares of EZCORP in a report on Friday, May 8th. Canaccord Genuity Group set a $44.00 price objective on shares of EZCORP in a research report on Friday, May 8th. Zacks Research lowered shares of EZCORP from a “strong-buy” rating to a “hold” rating in a research note on Tuesday. Citizens Jmp increased their target price on EZCORP from $33.00 to $39.00 and gave the stock a “market outperform” rating in a report on Monday, May 11th. Finally, Citigroup reissued an “outperform” rating on shares of EZCORP in a research note on Monday, May 11th. One 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 company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $38.80.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Divisadero Street Capital Management LP grew its holdings in shares of EZCORP by 39.5% in the 3rd quarter. Divisadero Street Capital Management LP now owns 138,505 shares of the credit services provider’s stock valued at $2,637,000 after acquiring an additional 39,195 shares in the last quarter. Miller Global Investments LLC bought a new stake in EZCORP during the fourth quarter worth about $1,451,000. JPMorgan Chase & Co. raised its holdings in EZCORP by 163.6% during the third quarter. JPMorgan Chase & Co. now owns 483,211 shares of the credit services provider’s stock worth $9,200,000 after acquiring an additional 299,920 shares in the last quarter. L & S Advisors Inc acquired a new position in EZCORP during the fourth quarter valued at approximately $1,939,000. Finally, Harbour Capital Advisors LLC acquired a new position in EZCORP during the fourth quarter valued at approximately $1,207,000. Institutional investors own 99.83% of the company’s stock.

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.