According to Zacks, “Ezcorp Inc. is engaged in establishing, acquiring, and operating pawnshops which function as convenient sources of consumer credit and as value-oriented specialty retailers of primarily previously owned merchandise. Through its lending function, the company makes relatively small, non-recourse loans secured by pledges of tangible personal property. The company contracts for a pawn service charge to compensate it for each pawn loan. “
EZPW has been the topic of several other research reports. TheStreet lowered USD Partners from a b- rating to a c+ rating in a report on Friday, May 10th. BidaskClub raised Zillow Group from a buy rating to a strong-buy rating in a report on Tuesday, July 2nd. ValuEngine lowered Yext from a strong-buy rating to a buy rating in a report on Friday, May 10th. Finally, B. Riley set a $169.00 target price on Intercept Pharmaceuticals and gave the company a buy rating in a report on Friday, April 12th. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and one has assigned a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus price target of $12.50.
EZCORP stock opened at $9.62 on Thursday. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.93 and a quick ratio of 2.28. The firm has a market capitalization of $533.38 million, a price-to-earnings ratio of 11.45 and a beta of 1.76. EZCORP has a fifty-two week low of $7.45 and a fifty-two week high of $12.43. The firm has a fifty day moving average price of $9.28.
EZCORP (NASDAQ:EZPW) last posted its earnings results on Wednesday, May 8th. The credit services provider reported $0.22 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.23 by ($0.01). The firm had revenue of $214.70 million during the quarter, compared to analyst estimates of $219.87 million. EZCORP had a net margin of 1.63% and a return on equity of 6.27%. The firm’s revenue for the quarter was up 5.9% on a year-over-year basis. During the same period last year, the company posted $0.21 EPS. On average, equities research analysts anticipate that EZCORP will post 0.92 earnings per share for the current fiscal year.
Large investors have recently modified their holdings of the company. Oregon Public Employees Retirement Fund bought a new position in shares of EZCORP in the 4th quarter worth $152,000. First Trust Advisors LP increased its holdings in shares of EZCORP by 18.9% in the 4th quarter. First Trust Advisors LP now owns 93,720 shares of the credit services provider’s stock worth $724,000 after buying an additional 14,869 shares during the last quarter. BlackRock Inc. increased its holdings in shares of EZCORP by 3.5% in the 4th quarter. BlackRock Inc. now owns 7,842,921 shares of the credit services provider’s stock worth $60,627,000 after buying an additional 264,920 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in shares of EZCORP by 2.6% in the 4th quarter. Bank of New York Mellon Corp now owns 689,025 shares of the credit services provider’s stock worth $5,326,000 after buying an additional 17,190 shares during the last quarter. Finally, Texas Permanent School Fund increased its holdings in shares of EZCORP by 4.2% in the 4th quarter. Texas Permanent School Fund now owns 33,776 shares of the credit services provider’s stock worth $261,000 after buying an additional 1,376 shares during the last quarter. Institutional investors and hedge funds own 99.30% of the company’s stock.
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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