Curo Group (NYSE:CURO) Rating Increased to Hold at ValuEngine

Curo Group (NYSE:CURO) was upgraded by research analysts at ValuEngine from a “sell” rating to a “hold” rating in a note issued to investors on Thursday, ValuEngine reports.

Separately, Zacks Investment Research raised shares of Curo Group from a “sell” rating to a “hold” rating in a research report on Wednesday, May 8th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $24.00.

CURO traded down $0.05 during midday trading on Thursday, hitting $12.70. The company had a trading volume of 314,472 shares, compared to its average volume of 260,290. Curo Group has a 52 week low of $8.73 and a 52 week high of $32.20. The company has a quick ratio of 2.97, a current ratio of 2.97 and a debt-to-equity ratio of 20.91. The stock has a market cap of $576.82 million, a P/E ratio of 7.34 and a beta of 3.72. The stock’s 50 day simple moving average is $10.54.

Curo Group (NYSE:CURO) last posted its quarterly earnings results on Monday, July 29th. The company reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.39 by $0.09. Curo Group had a negative net margin of 2.94% and a positive return on equity of 993.52%. The firm had revenue of $264.30 million during the quarter, compared to the consensus estimate of $270.32 million. Sell-side analysts forecast that Curo Group will post 2.54 EPS for the current fiscal year.

Several large investors have recently bought and sold shares of CURO. Deutsche Bank AG increased its position in shares of Curo Group by 787.8% during the fourth quarter. Deutsche Bank AG now owns 226,578 shares of the company’s stock worth $2,149,000 after acquiring an additional 201,057 shares in the last quarter. Osborn Williams & Donohoe LLC bought a new stake in shares of Curo Group during the first quarter worth about $1,716,000. D. E. Shaw & Co. Inc. increased its position in shares of Curo Group by 150.9% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 142,617 shares of the company’s stock worth $1,353,000 after acquiring an additional 85,784 shares in the last quarter. Strycker View Capital LLC bought a new stake in shares of Curo Group during the first quarter worth about $526,000. Finally, Prescott Group Capital Management L.L.C. grew its position in Curo Group by 4.0% in the 1st quarter. Prescott Group Capital Management L.L.C. now owns 1,231,351 shares of the company’s stock worth $12,350,000 after purchasing an additional 47,298 shares in the last quarter. 47.98% of the stock is owned by institutional investors.

About Curo Group

CURO Group Holdings Corp., a diversified consumer finance company, provides consumer finance to a range of underbanked consumers in the United States, Canada, and the United Kingdom. It offers unsecured installment loans, secured installment loans, open-end loans, and single-pay loans, as well as ancillary financial products, including check cashing, proprietary reloadable prepaid debit cards, credit protection insurance, gold buying, retail installment sales, and money transfer services.

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