EZCORP Inc (NASDAQ:EZPW) Given Average Recommendation of “Hold” by Analysts

EZCORP Inc (NASDAQ:EZPW) has been assigned an average rating of “Hold” from the six analysts that are covering the company, MarketBeat.com reports. Three equities research analysts have rated the stock with a sell rating and two have given a buy rating to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $14.00.

A number of research analysts have weighed in on EZPW shares. BidaskClub lowered EZCORP from a “buy” rating to a “hold” rating in a report on Friday, May 10th. Zacks Investment Research raised EZCORP from a “sell” rating to a “hold” rating in a report on Monday, March 11th. ValuEngine raised EZCORP from a “sell” rating to a “hold” rating in a report on Tuesday, April 16th. Finally, B. Riley started coverage on EZCORP in a report on Friday, April 12th. They set a “buy” rating and a $14.00 target price for the company.

Shares of EZPW opened at $9.57 on Wednesday. The business has a 50-day moving average price of $9.21. EZCORP has a fifty-two week low of $7.45 and a fifty-two week high of $12.90. The stock has a market cap of $505.10 million, a price-to-earnings ratio of 12.11 and a beta of 1.78. The company has a current ratio of 2.93, a quick ratio of 2.28 and a debt-to-equity ratio of 0.31.

EZCORP (NASDAQ:EZPW) last announced its quarterly earnings data on Wednesday, May 8th. The credit services provider reported $0.22 earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.01). EZCORP had a return on equity of 6.27% and a net margin of 1.63%. The firm had revenue of $214.70 million during the quarter, compared to analysts’ expectations of $219.87 million. During the same period last year, the business posted $0.21 EPS. The company’s revenue was up 5.9% compared to the same quarter last year. As a group, sell-side analysts predict that EZCORP will post 0.92 EPS for the current year.

A number of hedge funds have recently bought and sold shares of the business. Two Sigma Investments LP boosted its position in shares of EZCORP by 26.4% during the 4th quarter. Two Sigma Investments LP now owns 612,043 shares of the credit services provider’s stock valued at $4,731,000 after acquiring an additional 128,011 shares during the last quarter. Employees Retirement System of Texas boosted its position in shares of EZCORP by 50.0% during the 4th quarter. Employees Retirement System of Texas now owns 87,000 shares of the credit services provider’s stock valued at $673,000 after acquiring an additional 29,000 shares during the last quarter. Cambridge Investment Research Advisors Inc. boosted its position in shares of EZCORP by 5.0% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 78,371 shares of the credit services provider’s stock valued at $606,000 after acquiring an additional 3,712 shares during the last quarter. Bank of America Corp DE boosted its position in shares of EZCORP by 5.1% during the 4th quarter. Bank of America Corp DE now owns 856,763 shares of the credit services provider’s stock valued at $6,622,000 after acquiring an additional 41,898 shares during the last quarter. Finally, Van Hulzen Asset Management LLC boosted its position in shares of EZCORP by 22.1% during the 4th quarter. Van Hulzen Asset Management LLC now owns 24,015 shares of the credit services provider’s stock valued at $186,000 after acquiring an additional 4,347 shares during the last quarter. 99.30% of the stock is owned by institutional investors and hedge funds.

About EZCORP

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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