EZCORP Inc (NASDAQ:EZPW) – Equities researchers at Jefferies Financial Group reduced their FY2020 earnings per share (EPS) estimates for shares of EZCORP in a note issued to investors on Tuesday, October 8th. Jefferies Financial Group analyst J. Hecht now expects that the credit services provider will earn $0.89 per share for the year, down from their prior estimate of $0.91. Jefferies Financial Group currently has a “Hold” rating on the stock. Jefferies Financial Group also issued estimates for EZCORP’s Q4 2020 earnings at $0.19 EPS.
Other analysts have also issued reports about the stock. TheStreet lowered shares of EZCORP from a “b-” rating to a “c” rating in a research note on Monday, August 5th. Zacks Investment Research lowered shares of EZCORP from a “hold” rating to a “sell” rating in a research note on Wednesday. BidaskClub lowered shares of EZCORP from a “sell” rating to a “strong sell” rating in a research note on Thursday, October 3rd. Finally, ValuEngine raised shares of EZCORP from a “strong sell” rating to a “sell” rating in a research note on Wednesday, October 2nd. Three equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and one has assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $12.50.
Shares of EZPW opened at $5.75 on Thursday. The firm has a market capitalization of $318.81 million, a P/E ratio of 7.28 and a beta of 1.74. EZCORP has a 12-month low of $5.32 and a 12-month high of $11.25. The company has a current ratio of 8.07, a quick ratio of 5.66 and a debt-to-equity ratio of 0.32. The firm has a fifty day moving average price of $7.28 and a 200-day moving average price of $8.97.
EZCORP (NASDAQ:EZPW) last issued its earnings results on Wednesday, July 31st. The credit services provider reported $0.18 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.15 by $0.03. The firm had revenue of $206.92 million during the quarter, compared to analyst estimates of $216.17 million. EZCORP had a net margin of 0.26% and a return on equity of 6.52%. The business’s revenue was up 3.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.15 earnings per share.
Several institutional investors and hedge funds have recently modified their holdings of EZPW. State of Alaska Department of Revenue lifted its stake in EZCORP by 126.8% in the third quarter. State of Alaska Department of Revenue now owns 40,498 shares of the credit services provider’s stock worth $261,000 after acquiring an additional 22,639 shares during the period. Hancock Whitney Corp lifted its stake in EZCORP by 1,652.8% in the second quarter. Hancock Whitney Corp now owns 480,134 shares of the credit services provider’s stock worth $4,547,000 after acquiring an additional 452,741 shares during the period. Hodges Capital Management Inc. lifted its stake in EZCORP by 32.1% in the second quarter. Hodges Capital Management Inc. now owns 41,150 shares of the credit services provider’s stock worth $390,000 after acquiring an additional 10,000 shares during the period. Royal Bank of Canada lifted its stake in EZCORP by 3,894.4% in the second quarter. Royal Bank of Canada now owns 79,887 shares of the credit services provider’s stock worth $757,000 after acquiring an additional 77,887 shares during the period. Finally, United Services Automobile Association lifted its stake in EZCORP by 19.7% in the second quarter. United Services Automobile Association now owns 31,342 shares of the credit services provider’s stock worth $297,000 after acquiring an additional 5,155 shares during the period. 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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