BidaskClub upgraded shares of EZCORP (NASDAQ:EZPW) from a sell rating to a hold rating in a research note released on Saturday.
A number of other research analysts have also recently issued reports on the stock. ValuEngine raised shares of EZCORP from a hold rating to a buy rating in a research report on Thursday. Zacks Investment Research cut shares of EZCORP from a hold rating to a strong sell rating in a research report on Tuesday, July 3rd. Sidoti upgraded shares of EZCORP from a neutral rating to a buy rating in a research note on Thursday, June 28th. Finally, TheStreet upgraded shares of EZCORP from a c+ rating to a b rating in a research note on Wednesday, May 9th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the stock. EZCORP presently has a consensus rating of Hold and an average target price of $16.50.
NASDAQ EZPW traded down $0.30 during trading hours on Friday, reaching $11.55. 386,058 shares of the company’s stock traded hands, compared to its average volume of 537,987. EZCORP has a 52-week low of $8.16 and a 52-week high of $15.10. The stock has a market cap of $645.40 million, a P/E ratio of 14.11 and a beta of 1.45. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.72 and a quick ratio of 2.16.
EZCORP (NASDAQ:EZPW) last issued its quarterly earnings results on Wednesday, August 1st. The credit services provider reported $0.14 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.01). EZCORP had a net margin of 6.41% and a return on equity of 6.90%. The business had revenue of $199.94 million for the quarter, compared to analysts’ expectations of $198.24 million. During the same period last year, the business earned $0.12 earnings per share. The company’s revenue was up 8.9% on a year-over-year basis. research analysts expect that EZCORP will post 0.75 earnings per share for the current fiscal year.
A number of large investors have recently added to or reduced their stakes in EZPW. Stevens Capital Management LP bought a new stake in shares of EZCORP in the second quarter worth approximately $129,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new stake in shares of EZCORP in the second quarter worth approximately $131,000. Koch Industries Inc. bought a new stake in shares of EZCORP in the first quarter worth approximately $144,000. Jane Street Group LLC bought a new stake in shares of EZCORP in the first quarter worth approximately $190,000. Finally, Hartford Investment Management Co. bought a new stake in shares of EZCORP in the second quarter worth approximately $217,000. Institutional investors and hedge funds own 99.90% of the company’s stock.
EZCORP, Inc provides pawn loans. The company operates through three segments: U.S. Pawn, Mexico Pawn, and Other International. It offers pawn loans, which are non-recourse loans collateralized by tangible personal property, such as jewelry, consumer electronics, power tools, sporting goods, and musical instruments; and sells merchandise, including collateral forfeited from pawn lending operations and used merchandise purchased from customers.
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