BidaskClub upgraded shares of EZCORP (NASDAQ:EZPW) from a strong sell rating to a sell rating in a research note published on Thursday, BidAskClub reports.
Other equities research analysts also recently issued research reports about the company. TheStreet downgraded EZCORP from a b- rating to a c rating in a report on Monday, August 5th. ValuEngine downgraded EZCORP from a hold rating to a sell rating in a report on Thursday, August 1st. Finally, Zacks Investment Research upgraded EZCORP from a sell rating to a hold rating in a report on Monday, September 9th. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and one has given a buy rating to the company’s stock. The stock currently has an average rating of Hold and a consensus target price of $12.50.
NASDAQ EZPW opened at $8.35 on Thursday. The stock has a 50-day simple moving average of $8.44 and a 200 day simple moving average of $9.38. The company has a market capitalization of $457.98 million, a PE ratio of 9.39 and a beta of 1.77. The company has a current ratio of 8.07, a quick ratio of 5.66 and a debt-to-equity ratio of 0.32. EZCORP has a 12 month low of $7.45 and a 12 month high of $11.25.
EZCORP (NASDAQ:EZPW) last released its quarterly earnings data on Wednesday, July 31st. The credit services provider reported $0.18 EPS for the quarter, beating analysts’ consensus estimates of $0.15 by $0.03. The business 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 revenue was up 3.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.15 earnings per share. As a group, sell-side analysts predict that EZCORP will post 0.88 earnings per share for the current fiscal year.
A number of large investors have recently bought and sold shares of the business. Quantamental Technologies LLC boosted its position in shares of EZCORP by 373.3% during the second quarter. Quantamental Technologies LLC now owns 5,112 shares of the credit services provider’s stock worth $48,000 after buying an additional 4,032 shares during the period. Bank of Montreal Can raised its holdings in EZCORP by 320.5% during the second quarter. Bank of Montreal Can now owns 5,630 shares of the credit services provider’s stock worth $54,000 after acquiring an additional 4,291 shares in the last quarter. Ellington Management Group LLC bought a new stake in EZCORP during the second quarter worth about $100,000. BNP Paribas Arbitrage SA raised its holdings in EZCORP by 98.7% during the first quarter. BNP Paribas Arbitrage SA now owns 11,706 shares of the credit services provider’s stock worth $109,000 after acquiring an additional 5,814 shares in the last quarter. Finally, First Citizens Bank & Trust Co. bought a new stake in EZCORP during the second quarter worth about $121,000. 98.22% of the stock is owned by hedge funds and other institutional investors.
EZCORP Company Profile
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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