Encore Capital Group Inc (NASDAQ:ECPG – Get Free Report) insider John Yung sold 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $82.08, for a total value of $164,160.00. Following the sale, the insider directly owned 64,570 shares in the company, valued at $5,299,905.60. This trade represents a 3.00% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Encore Capital Group Price Performance
Shares of NASDAQ:ECPG opened at $80.44 on Friday. The business’s 50 day simple moving average is $79.98 and its 200-day simple moving average is $66.34. The firm has a market capitalization of $1.72 billion, a price-to-earnings ratio of 6.24 and a beta of 1.30. The company has a debt-to-equity ratio of 3.90, a current ratio of 0.90 and a quick ratio of 0.90. Encore Capital Group Inc has a 12 month low of $35.67 and a 12 month high of $92.64.
Encore Capital Group (NASDAQ:ECPG – Get Free Report) last announced its quarterly earnings results on Wednesday, May 6th. The asset manager reported $3.86 EPS for the quarter, topping the consensus estimate of $3.02 by $0.84. The business had revenue of $475.41 million for the quarter, compared to analyst estimates of $446.26 million. Encore Capital Group had a return on equity of 30.70% and a net margin of 16.00%.The company’s quarterly revenue was up 21.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.93 EPS. Encore Capital Group has set its FY 2026 guidance at 13.000-13.000 EPS. As a group, equities analysts forecast that Encore Capital Group Inc will post 13.01 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Encore Capital Group
Analyst Ratings Changes
Several equities research analysts have recently commented on ECPG shares. Weiss Ratings lowered Encore Capital Group from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday. Citigroup reissued an “outperform” rating on shares of Encore Capital Group in a research note on Thursday, May 7th. Citizens Jmp boosted their price target on Encore Capital Group from $90.00 to $108.00 and gave the stock a “market outperform” rating in a research note on Thursday, May 7th. Zacks Research raised Encore Capital Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 26th. Finally, Wall Street Zen lowered Encore Capital Group from a “strong-buy” rating to a “hold” rating in a research note on Saturday, May 9th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $86.25.
View Our Latest Report on Encore Capital Group
About Encore Capital Group
Encore Capital Group, Inc is a global specialty finance company that focuses on the purchase and management of nonperforming consumer receivables. Through its subsidiaries, the company acquires charged-off debt portfolios from credit card issuers, banks, and other financial institutions, and seeks to recover outstanding balances through a combination of customer outreach, payment arrangements, and, where appropriate, legal collection efforts. Encore’s business model emphasizes compliance with regulatory and industry standards to ensure ethical and transparent debt-recovery practices.
Headquartered in San Diego, California, Encore operates across North America and Europe.
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