Encore Capital Group, Inc. (NASDAQ:ECPG) CAO Gregory L. Call sold 10,000 shares of the firm’s stock in a transaction on Wednesday, January 12th. The shares were sold at an average price of $61.45, for a total value of $614,500.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
NASDAQ ECPG opened at $67.42 on Friday. The business’s fifty day simple moving average is $59.66 and its 200-day simple moving average is $52.58. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 2.00. The firm has a market cap of $1.97 billion, a PE ratio of 6.83 and a beta of 1.43. Encore Capital Group, Inc. has a 52 week low of $29.21 and a 52 week high of $67.61.
Encore Capital Group (NASDAQ:ECPG) last issued its quarterly earnings data on Wednesday, November 3rd. The asset manager reported $2.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.12 by $0.54. The firm had revenue of $412.62 million during the quarter, compared to the consensus estimate of $372.31 million. Encore Capital Group had a return on equity of 24.63% and a net margin of 19.03%. During the same period last year, the company earned $2.31 EPS. Research analysts expect that Encore Capital Group, Inc. will post 11.13 EPS for the current year.
Several large investors have recently modified their holdings of ECPG. First Horizon Advisors Inc. acquired a new stake in shares of Encore Capital Group during the 3rd quarter worth about $38,000. O Shaughnessy Asset Management LLC increased its position in shares of Encore Capital Group by 30,950.0% during the 3rd quarter. O Shaughnessy Asset Management LLC now owns 1,242 shares of the asset manager’s stock worth $61,000 after purchasing an additional 1,238 shares during the last quarter. Advisor Group Holdings Inc. grew its position in Encore Capital Group by 19.4% in the 2nd quarter. Advisor Group Holdings Inc. now owns 1,418 shares of the asset manager’s stock valued at $67,000 after acquiring an additional 230 shares in the last quarter. Royal Bank of Canada grew its position in Encore Capital Group by 32.2% in the 2nd quarter. Royal Bank of Canada now owns 4,094 shares of the asset manager’s stock valued at $194,000 after acquiring an additional 997 shares in the last quarter. Finally, Profund Advisors LLC acquired a new position in Encore Capital Group in the 2nd quarter valued at about $200,000.
Encore Capital Group Company Profile
Encore Capital Group, Inc engages in the provision of debt management and recovery solutions for consumers and property owners across a broad range of financial assets. It operates through the following geographical segments: United States, International, Europe, and Other. The company was founded in April 1999 and is headquartered in San Diego, CA.
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