EZCORP (NASDAQ:EZPW) Stock Rating Lowered by Wall Street Zen

by · The Markets Daily

EZCORP (NASDAQ:EZPW – Get Free Report) was downgraded by research analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a report issued on Saturday.

A number of other analysts also recently weighed in on EZPW. Canaccord Genuity Group increased their price target on shares of EZCORP from $27.00 to $28.00 and gave the company a “buy” rating in a research report on Monday, November 17th. Citizens Jmp started coverage on shares of EZCORP in a report on Monday, November 3rd. They issued a “market outperform” rating and a $23.00 target price on the stock. Citigroup reissued a “market outperform” rating on shares of EZCORP in a report on Friday, November 14th. Weiss Ratings restated a “buy (b)” rating on shares of EZCORP in a research report on Wednesday, October 8th. Finally, Roth Capital reiterated a “buy” rating and set a $26.00 target price on shares of EZCORP in a report on Tuesday, January 6th. Six investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $22.17.

Get Our Latest Report on EZPW

EZCORP Stock Down 0.4%

NASDAQ:EZPW opened at $21.37 on Friday. The company has a quick ratio of 4.37, a current ratio of 5.61 and a debt-to-equity ratio of 0.51. EZCORP has a 12-month low of $11.60 and a 12-month high of $21.99. The stock’s fifty day simple moving average is $19.37 and its 200-day simple moving average is $17.37. The firm has a market capitalization of $1.30 billion, a P/E ratio of 15.16 and a beta of 0.55.

EZCORP (NASDAQ:EZPW – Get Free Report) last released its quarterly earnings data on Thursday, November 13th. The credit services provider reported $0.34 EPS for the quarter, beating analysts’ consensus estimates of $0.29 by $0.05. EZCORP had a return on equity of 12.00% and a net margin of 8.60%.The business had revenue of $335.90 million during the quarter, compared to the consensus estimate of $325.09 million. Equities research analysts expect that EZCORP will post 1.3 earnings per share for the current year.

Institutional Investors Weigh In On EZCORP

Institutional investors have recently added to or reduced their stakes in the stock. Rhumbline Advisers increased its holdings in EZCORP by 0.9% during the 2nd quarter. Rhumbline Advisers now owns 73,064 shares of the credit services provider’s stock worth $1,014,000 after purchasing an additional 648 shares in the last quarter. New York State Teachers Retirement System raised its position in EZCORP by 1.1% in the 3rd quarter. New York State Teachers Retirement System now owns 80,959 shares of the credit services provider’s stock valued at $1,541,000 after buying an additional 860 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its stake in EZCORP by 7.4% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 13,362 shares of the credit services provider’s stock valued at $185,000 after acquiring an additional 926 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH lifted its stake in EZCORP by 4.7% in the 3rd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 22,484 shares of the credit services provider’s stock valued at $428,000 after acquiring an additional 1,000 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund boosted its position in EZCORP by 9.2% during the 3rd quarter. Oregon Public Employees Retirement Fund now owns 13,013 shares of the credit services provider’s stock worth $248,000 after acquiring an additional 1,100 shares during the last quarter. 99.83% of the stock is owned by institutional investors.

EZCORP Company Profile

(Get Free Report)

EZCORP, Inc is a specialty consumer finance company that provides pawn loans and retail merchandise programs primarily through its EZPAWN and Cash Converters brands. The company offers collateral-based loans secured principally by jewelry, electronics, musical instruments and other personal items, alongside check-cashing, money-transfer and bill-payment services. In addition to its pawn lending operations, EZCORP acquires previously pawned or consumer merchandise for resale through its “Sell-It-Now” platform and retail storefronts.

Founded in 1989 and headquartered in San Antonio, Texas, EZCORP operates in two principal geographic markets: the United States and Mexico.

Recommended Stories