EZCORP (NASDAQ:EZPW) Stock Rating Lowered by Jefferies Financial Group

Jefferies Financial Group cut shares of EZCORP (NASDAQ:EZPW) from a buy rating to a hold rating in a research report released on Tuesday, The Fly reports. Jefferies Financial Group also issued estimates for EZCORP’s Q4 2020 earnings at $0.19 EPS and FY2020 earnings at $0.89 EPS.

A number of other equities analysts also recently commented on the stock. Zacks Investment Research downgraded shares of EZCORP from a hold rating to a sell rating in a report on Monday, September 16th. BidaskClub downgraded shares of EZCORP from a sell rating to a strong sell rating in a report on Thursday, October 3rd. ValuEngine upgraded shares of EZCORP from a strong sell rating to a sell rating in a report on Wednesday, October 2nd. Finally, TheStreet downgraded shares of EZCORP from a b- rating to a c rating in a report on Monday, August 5th. Three investment analysts have rated the stock with a sell rating, one has assigned a hold rating and one has given a buy rating to the stock. EZCORP currently has an average rating of Hold and an average price target of $12.50.

EZPW stock opened at $5.75 on Tuesday. The company has a debt-to-equity ratio of 0.32, a current ratio of 8.07 and a quick ratio of 5.66. The business has a 50-day moving average price of $7.28 and a 200 day moving average price of $8.97. The company has a market capitalization of $307.17 million, a P/E ratio of 6.30 and a beta of 1.74. EZCORP has a 1-year low of $5.32 and a 1-year high of $11.25.

EZCORP (NASDAQ:EZPW) last released its quarterly earnings data on Wednesday, July 31st. The credit services provider reported $0.18 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.03. The firm had revenue of $206.92 million during the quarter, compared to the consensus estimate of $216.17 million. EZCORP had a return on equity of 6.52% and a net margin of 0.26%. The firm’s quarterly revenue was up 3.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.15 earnings per share. On average, analysts anticipate that EZCORP will post 0.87 earnings per share for the current fiscal year.

A number of institutional investors have recently made changes to their positions in the business. Crossmark Global Holdings Inc. raised its holdings in EZCORP by 5.2% in the second quarter. Crossmark Global Holdings Inc. now owns 29,050 shares of the credit services provider’s stock worth $275,000 after purchasing an additional 1,427 shares in the last quarter. Stone Ridge Asset Management LLC raised its holdings in EZCORP by 6.0% in the second quarter. Stone Ridge Asset Management LLC now owns 31,660 shares of the credit services provider’s stock worth $300,000 after purchasing an additional 1,800 shares in the last quarter. First Trust Advisors LP raised its holdings in EZCORP by 2.1% in the first quarter. First Trust Advisors LP now owns 95,656 shares of the credit services provider’s stock worth $892,000 after purchasing an additional 1,936 shares in the last quarter. LPL Financial LLC raised its holdings in EZCORP by 10.1% in the second quarter. LPL Financial LLC now owns 23,126 shares of the credit services provider’s stock worth $219,000 after purchasing an additional 2,121 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its stake in shares of EZCORP by 15.5% during the second quarter. JPMorgan Chase & Co. now owns 16,148 shares of the credit services provider’s stock worth $155,000 after acquiring an additional 2,171 shares during the last quarter. Institutional investors and hedge funds own 98.22% of the company’s stock.

About EZCORP

EZCORP, Inc provides pawn loans. It operates through three segments: U.S. Pawn, Latin America Pawn, and Other International. The company offers pawn loans, which are non-recourse loans collateralized by tangible personal property, including jewelry, consumer electronics, power tools, sporting goods, and musical instruments; and sells merchandise, such as collateral forfeited from pawn lending operations and used merchandise purchased from customers.

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