BidaskClub downgraded shares of EZCORP (NASDAQ:EZPW) from a strong-buy rating to a buy rating in a report released on Tuesday morning.
A number of other equities analysts also recently commented on the stock. ValuEngine upgraded shares of EZCORP from a hold rating to a buy rating in a research note on Sunday, December 31st. Jefferies Group reiterated a buy rating and set a $13.00 target price on shares of EZCORP in a research note on Friday, November 17th. Finally, Zacks Investment Research upgraded shares of EZCORP from a sell rating to a hold rating and set a $13.00 target price for the company in a research note on Thursday, November 16th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. EZCORP has an average rating of Buy and an average price target of $13.00.
EZCORP (EZPW) traded down $0.05 during trading on Tuesday, hitting $12.05. The stock had a trading volume of 1,244,059 shares, compared to its average volume of 525,711. EZCORP has a 1-year low of $7.55 and a 1-year high of $12.50. The company has a quick ratio of 5.88, a current ratio of 8.01 and a debt-to-equity ratio of 0.43. The stock has a market capitalization of $658.20, a price-to-earnings ratio of 20.42 and a beta of 1.97.
EZCORP (NASDAQ:EZPW) last posted its quarterly earnings data on Wednesday, November 15th. The credit services provider reported $0.21 earnings per share for the quarter, topping analysts’ consensus estimates of $0.11 by $0.10. EZCORP had a return on equity of 5.40% and a net margin of 4.26%. The business had revenue of $182.07 million for the quarter, compared to analyst estimates of $188.84 million. During the same quarter in the prior year, the company earned ($0.31) earnings per share. The company’s revenue was down 1.4% on a year-over-year basis. equities research analysts expect that EZCORP will post 0.84 EPS for the current year.
Hedge funds have recently modified their holdings of the stock. Campbell & CO Investment Adviser LLC acquired a new position in shares of EZCORP during the third quarter worth $114,000. Loews Corp grew its stake in shares of EZCORP by 55.2% during the second quarter. Loews Corp now owns 19,391 shares of the credit services provider’s stock worth $149,000 after purchasing an additional 6,900 shares in the last quarter. Crossmark Global Holdings Inc. acquired a new position in shares of EZCORP during the third quarter worth $188,000. BNP Paribas Arbitrage SA grew its stake in shares of EZCORP by 41.3% during the second quarter. BNP Paribas Arbitrage SA now owns 23,439 shares of the credit services provider’s stock worth $180,000 after purchasing an additional 6,853 shares in the last quarter. Finally, Voya Investment Management LLC grew its stake in shares of EZCORP by 13.9% during the second quarter. Voya Investment Management LLC now owns 26,290 shares of the credit services provider’s stock worth $202,000 after purchasing an additional 3,208 shares in the last quarter. Hedge funds and other institutional investors own 92.61% of the company’s stock.
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EZCORP Company Profile
EZCORP, Inc provides pawn loans in the United States and Mexico, and consumer loans in Mexico. The Company operates through three segments: U.S. Pawn, which includes its EZPAWN, Value Pawn & Jewelry and other branded pawn operations in the United States; Mexico Pawn, which includes its Empeno Facil pawn operations and cash converters buy/sell store operations in Mexico, and Other International, which includes its CASHMAX financial services operations in Canada and its equity interest in Cash Converters International.
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