EZCORP (EZPW) Stock Rating Lowered by BidaskClub

BidaskClub cut shares of EZCORP (NASDAQ:EZPW) from a hold rating to a sell rating in a report released on Friday.

Several other research analysts have also recently commented on EZPW. Zacks Investment Research upgraded shares of EZCORP from a hold rating to a buy rating and set a $9.00 target price for the company in a research report on Tuesday, January 8th. ValuEngine upgraded shares of EZCORP from a sell rating to a hold rating in a research report on Saturday, January 19th. Two analysts have rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating to the stock. The stock currently has an average rating of Hold and an average price target of $13.00.

EZPW opened at $9.61 on Friday. The stock has a market cap of $532.27 million, a P/E ratio of 12.16 and a beta of 1.69. EZCORP has a fifty-two week low of $7.45 and a fifty-two week high of $15.10. The company has a current ratio of 2.94, a quick ratio of 2.26 and a debt-to-equity ratio of 0.31.

EZCORP (NASDAQ:EZPW) last released its quarterly earnings data on Wednesday, January 30th. The credit services provider reported $0.31 earnings per share for the quarter, topping the consensus estimate of $0.22 by $0.09. The firm had revenue of $218.10 million for the quarter, compared to analyst estimates of $220.63 million. EZCORP had a net margin of 2.68% and a return on equity of 6.47%. EZCORP’s quarterly revenue was up 6.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.27 earnings per share. Sell-side analysts predict that EZCORP will post 0.95 earnings per share for the current fiscal year.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. BlackRock Inc. grew its position in EZCORP by 3.5% in the 4th quarter. BlackRock Inc. now owns 7,842,921 shares of the credit services provider’s stock worth $60,627,000 after purchasing an additional 264,920 shares during the last quarter. Dimensional Fund Advisors LP grew its position in EZCORP by 0.7% in the 3rd quarter. Dimensional Fund Advisors LP now owns 4,342,990 shares of the credit services provider’s stock worth $46,470,000 after purchasing an additional 29,248 shares during the last quarter. Vanguard Group Inc. grew its position in EZCORP by 2.5% in the 3rd quarter. Vanguard Group Inc. now owns 3,988,128 shares of the credit services provider’s stock worth $42,674,000 after purchasing an additional 95,691 shares during the last quarter. Vanguard Group Inc grew its position in EZCORP by 2.5% in the 3rd quarter. Vanguard Group Inc now owns 3,988,128 shares of the credit services provider’s stock worth $42,674,000 after purchasing an additional 95,691 shares during the last quarter. Finally, Huber Capital Management LLC boosted its holdings in shares of EZCORP by 11.8% in the third quarter. Huber Capital Management LLC now owns 1,321,676 shares of the credit services provider’s stock valued at $14,142,000 after acquiring an additional 139,872 shares in the last quarter. Hedge funds and other institutional investors own 99.04% of the company’s stock.

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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