John Yung Sells 2,000 Shares of Encore Capital Group (NASDAQ:ECPG) Stock

Encore Capital Group Inc (NASDAQ:ECPG) insider John Yung sold 2,000 shares of the company’s stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $82.08, for a total transaction of $164,160.00. Following the sale, the insider owned 64,570 shares of the company’s stock, valued at $5,299,905.60. This represents a 3.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Encore Capital Group Trading Up 1.1%

NASDAQ:ECPG opened at $81.34 on Friday. The company has a fifty day moving average of $80.19 and a 200 day moving average of $66.45. Encore Capital Group Inc has a 52 week low of $35.67 and a 52 week high of $92.64. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 3.90. The firm has a market capitalization of $1.74 billion, a P/E ratio of 6.31 and a beta of 1.30.

Encore Capital Group (NASDAQ:ECPG) last posted its quarterly earnings results on Wednesday, May 6th. The asset manager reported $3.86 EPS for the quarter, beating analysts’ consensus estimates of $3.02 by $0.84. Encore Capital Group had a net margin of 16.00% and a return on equity of 30.70%. The company had revenue of $475.41 million during the quarter, compared to analyst estimates of $446.26 million. During the same period in the prior year, the business posted $1.93 EPS. The firm’s revenue was up 21.0% compared to the same quarter last year. Encore Capital Group has set its FY 2026 guidance at 13.000-13.000 EPS. On average, research analysts predict that Encore Capital Group Inc will post 13.01 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts have commented on ECPG shares. Citizens Jmp upped their price objective on shares of Encore Capital Group from $90.00 to $108.00 and gave the stock a “market outperform” rating in a report on Thursday, May 7th. Citigroup restated an “outperform” rating on shares of Encore Capital Group in a report on Thursday, May 7th. Truist Financial upped their price objective on shares of Encore Capital Group from $100.00 to $105.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Wall Street Zen lowered shares of Encore Capital Group from a “strong-buy” rating to a “hold” rating in a report on Saturday, May 9th. Finally, Weiss Ratings lowered shares of Encore Capital Group from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $86.25.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. IFP Advisors Inc raised its holdings in Encore Capital Group by 1,729.6% in the 4th quarter. IFP Advisors Inc now owns 494 shares of the asset manager’s stock worth $27,000 after purchasing an additional 467 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in Encore Capital Group by 185.7% in the 4th quarter. EverSource Wealth Advisors LLC now owns 717 shares of the asset manager’s stock worth $39,000 after purchasing an additional 466 shares in the last quarter. Allworth Financial LP increased its stake in shares of Encore Capital Group by 29.1% in the 4th quarter. Allworth Financial LP now owns 1,139 shares of the asset manager’s stock worth $62,000 after acquiring an additional 257 shares in the last quarter. LSV Asset Management bought a new position in shares of Encore Capital Group in the 3rd quarter worth about $88,000. Finally, Meeder Asset Management Inc. bought a new position in shares of Encore Capital Group in the 1st quarter worth about $165,000.

Encore Capital Group Company Profile

Encore Capital Group, Inc is a global specialty finance company that focuses on the purchase and management of nonperforming consumer receivables. Through its subsidiaries, the company acquires charged-off debt portfolios from credit card issuers, banks, and other financial institutions, and seeks to recover outstanding balances through a combination of customer outreach, payment arrangements, and, where appropriate, legal collection efforts. Encore’s business model emphasizes compliance with regulatory and industry standards to ensure ethical and transparent debt-recovery practices.

Headquartered in San Diego, California, Encore operates across North America and Europe.