Analysts Anticipate EZCORP Inc (NASDAQ:EZPW) Will Announce Earnings of $0.18 Per Share

Equities research analysts expect EZCORP Inc (NASDAQ:EZPW) to post earnings per share of $0.18 for the current quarter, according to Zacks. Two analysts have made estimates for EZCORP’s earnings, with the lowest EPS estimate coming in at $0.15 and the highest estimate coming in at $0.20. EZCORP reported earnings per share of $0.17 in the same quarter last year, which indicates a positive year over year growth rate of 5.9%. The company is expected to issue its next quarterly earnings results on Wednesday, November 13th.

On average, analysts expect that EZCORP will report full year earnings of $0.87 per share for the current fiscal year, with EPS estimates ranging from $0.86 to $0.90. For the next financial year, analysts anticipate that the business will report earnings of $1.02 per share, with EPS estimates ranging from $0.89 to $1.10. Zacks’ EPS averages are an average based on a survey of research analysts that cover EZCORP.

Several brokerages have recently issued reports on EZPW. TheStreet downgraded shares of EZCORP from a “b-” rating to a “c” rating in a research report on Monday, August 5th. Jefferies Financial Group downgraded shares of EZCORP from a “buy” rating to a “hold” rating in a research report on Tuesday, October 8th. BidaskClub downgraded shares of EZCORP from a “sell” rating to a “strong sell” rating in a research report on Thursday, October 3rd. ValuEngine raised shares of EZCORP from a “strong sell” rating to a “sell” rating in a research report on Wednesday, October 2nd. Finally, Zacks Investment Research downgraded shares of EZCORP from a “hold” rating to a “sell” rating in a research report on Wednesday, October 9th. Three analysts have rated the stock with a sell rating, one has assigned a hold rating and one has assigned a buy rating to the stock. EZCORP currently has an average rating of “Hold” and a consensus price target of $12.50.

Shares of EZPW traded down $0.14 during trading hours on Tuesday, hitting $5.20. The stock had a trading volume of 286,200 shares, compared to its average volume of 440,993. The company’s fifty day simple moving average is $5.88 and its 200 day simple moving average is $8.34. The company has a debt-to-equity ratio of 0.32, a quick ratio of 5.66 and a current ratio of 8.07. EZCORP has a 12-month low of $5.12 and a 12-month high of $11.25. The firm has a market cap of $301.62 million, a P/E ratio of 6.58 and a beta of 1.67.

A number of institutional investors have recently added to or reduced their stakes in the stock. Quantamental Technologies LLC lifted its stake in EZCORP by 373.3% in the second quarter. Quantamental Technologies LLC now owns 5,112 shares of the credit services provider’s stock valued at $48,000 after acquiring an additional 4,032 shares during the last quarter. Bank of Montreal Can lifted its stake in EZCORP by 320.5% in the second quarter. Bank of Montreal Can now owns 5,630 shares of the credit services provider’s stock valued at $54,000 after acquiring an additional 4,291 shares during the last quarter. Ellington Management Group LLC acquired a new stake in EZCORP in the second quarter valued at $100,000. First Citizens Bank & Trust Co. acquired a new stake in EZCORP in the second quarter valued at $121,000. Finally, JPMorgan Chase & Co. lifted its stake in EZCORP by 15.5% in the second quarter. JPMorgan Chase & Co. now owns 16,148 shares of the credit services provider’s stock valued at $155,000 after acquiring an additional 2,171 shares during the last quarter. 98.24% of the stock is owned by institutional investors and hedge funds.

EZCORP Company Profile

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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Earnings History and Estimates for EZCORP (NASDAQ:EZPW)

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