World Acceptance (NASDAQ:WRLD) Announces Earnings Results

World Acceptance (NASDAQ:WRLD) posted its earnings results on Tuesday. The credit services provider reported $2.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.23 by $1.22, Zacks reports. World Acceptance had a return on equity of 19.85% and a net margin of 15.02%.

World Acceptance Trading Up 0.7 %

Shares of WRLD stock opened at $145.22 on Thursday. The company has a market capitalization of $835.04 million, a PE ratio of 9.81 and a beta of 1.44. World Acceptance has a 52-week low of $101.85 and a 52-week high of $161.63. The business’s fifty day moving average is $119.01 and its 200 day moving average is $118.50. The company has a debt-to-equity ratio of 1.21, a quick ratio of 19.53 and a current ratio of 19.53.

Insider Buying and Selling

In other news, insider Luke J. Umstetter sold 600 shares of the stock in a transaction on Tuesday, January 28th. The shares were sold at an average price of $150.00, for a total value of $90,000.00. Following the transaction, the insider now owns 15,248 shares of the company’s stock, valued at $2,287,200. This represents a 3.79 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 43.20% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on WRLD. Stephens assumed coverage on World Acceptance in a report on Wednesday, November 13th. They set an “equal weight” rating and a $10.00 price objective on the stock. StockNews.com upgraded shares of World Acceptance from a “buy” rating to a “strong-buy” rating in a research report on Monday, January 13th.

World Acceptance Company Profile

World Acceptance Corporation engages in consumer finance business in the United States. The company provides short-term small installment loans, medium-term larger installment loans, related credit insurance, and ancillary products and services to individuals. It offers income tax return preparation and filing services; and automobile club memberships.