Shares of EZCORP Inc (NASDAQ:EZPW) have been assigned a consensus rating of “Buy” from the seven brokerages that are presently covering the stock, MarketBeat.com reports. Three research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $13.00.
A number of equities analysts recently commented on EZPW shares. Zacks Investment Research lowered EZCORP from a “buy” rating to a “hold” rating in a research note on Wednesday, October 4th. Jefferies Group reaffirmed a “buy” rating and issued a $12.00 price objective (up from $10.50) on shares of EZCORP in a research note on Tuesday, October 10th. ValuEngine raised EZCORP from a “hold” rating to a “buy” rating in a research note on Thursday, November 16th. Finally, BidaskClub lowered EZCORP from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, January 9th.
EZCORP (NASDAQ:EZPW) traded up $0.25 during trading on Tuesday, hitting $12.10. The company had a trading volume of 625,364 shares, compared to its average volume of 663,069. The company has a debt-to-equity ratio of 0.43, a quick ratio of 5.88 and a current ratio of 8.01. The firm has a market capitalization of $647.34, a price-to-earnings ratio of 19.52 and a beta of 1.97. EZCORP has a one year low of $7.55 and a one year high of $12.50.
EZCORP (NASDAQ:EZPW) last posted its quarterly earnings data on Wednesday, November 15th. The credit services provider reported $0.21 EPS for the quarter, topping the Zacks’ consensus estimate of $0.11 by $0.10. The company had revenue of $182.07 million for the quarter, compared to analyst estimates of $188.84 million. EZCORP had a return on equity of 5.40% and a net margin of 4.26%. The firm’s quarterly revenue was down 1.4% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.31) earnings per share. analysts predict that EZCORP will post 0.84 EPS for the current year.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Acadian Asset Management LLC increased its holdings in shares of EZCORP by 21.5% during the fourth quarter. Acadian Asset Management LLC now owns 265,975 shares of the credit services provider’s stock valued at $3,245,000 after acquiring an additional 47,098 shares in the last quarter. Schwab Charles Investment Management Inc. increased its holdings in shares of EZCORP by 3.1% during the fourth quarter. Schwab Charles Investment Management Inc. now owns 557,482 shares of the credit services provider’s stock valued at $6,802,000 after acquiring an additional 16,502 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC increased its holdings in shares of EZCORP by 131.4% during the third quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 297,494 shares of the credit services provider’s stock valued at $2,826,000 after acquiring an additional 168,921 shares in the last quarter. California Public Employees Retirement System increased its holdings in shares of EZCORP by 9.1% during the third quarter. California Public Employees Retirement System now owns 364,695 shares of the credit services provider’s stock valued at $3,465,000 after acquiring an additional 30,295 shares in the last quarter. Finally, Mangrove Partners bought a new stake in shares of EZCORP during the third quarter valued at approximately $3,236,000. Hedge funds and other institutional investors own 92.61% of the company’s stock.
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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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