EZCORP Inc (NASDAQ:EZPW) – Jefferies Group upped their Q2 2019 EPS estimates for EZCORP in a report issued on Friday, according to Zacks Investment Research. Jefferies Group analyst J. Hecht now expects that the credit services provider will post earnings of $0.25 per share for the quarter, up from their previous forecast of $0.24. Jefferies Group currently has a “Buy” rating and a $13.00 price target on the stock. Jefferies Group also issued estimates for EZCORP’s Q4 2019 earnings at $0.29 EPS and FY2019 earnings at $1.02 EPS.
EZCORP (NASDAQ:EZPW) last issued its quarterly earnings results on Wednesday, January 31st. The credit services provider reported $0.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.19 by $0.09. The company had revenue of $204.50 million during the quarter, compared to the consensus estimate of $204.39 million. EZCORP had a return on equity of 6.40% and a net margin of 4.93%. EZCORP’s revenue was up 6.2% on a year-over-year basis. During the same period last year, the company earned $0.15 earnings per share.
Several other analysts also recently weighed in on the company. ValuEngine upgraded EZCORP from a “hold” rating to a “buy” rating in a research report on Thursday, November 16th. Zacks Investment Research upgraded EZCORP from a “hold” rating to a “buy” rating and set a $13.00 target price for the company in a research report on Friday, January 19th. Finally, BidaskClub downgraded EZCORP from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, January 9th. Two investment analysts have rated the stock with a hold rating, two have given a buy rating and two have given a strong buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $13.50.
Shares of EZCORP (EZPW) opened at $13.15 on Monday. EZCORP has a 52-week low of $7.55 and a 52-week high of $13.75. The stock has a market capitalization of $716.20, a price-to-earnings ratio of 17.77 and a beta of 1.82. The company has a debt-to-equity ratio of 0.44, a current ratio of 7.77 and a quick ratio of 5.47.
Large investors have recently added to or reduced their stakes in the company. Stephens Investment Management Group LLC purchased a new position in shares of EZCORP during the fourth quarter valued at $12,922,000. JPMorgan Chase & Co. increased its stake in shares of EZCORP by 25.2% during the third quarter. JPMorgan Chase & Co. now owns 2,045,860 shares of the credit services provider’s stock valued at $20,970,000 after buying an additional 411,457 shares during the period. Mangrove Partners purchased a new position in shares of EZCORP during the third quarter valued at $3,236,000. Dimensional Fund Advisors LP increased its stake in shares of EZCORP by 6.7% during the third quarter. Dimensional Fund Advisors LP now owns 4,309,470 shares of the credit services provider’s stock valued at $40,941,000 after buying an additional 272,095 shares during the period. Finally, BlackRock Inc. increased its stake in shares of EZCORP by 3.7% during the fourth quarter. BlackRock Inc. now owns 6,867,496 shares of the credit services provider’s stock valued at $83,784,000 after buying an additional 244,752 shares during the period. Institutional investors and hedge funds own 93.13% of the company’s stock.
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EZCORP Company Profile
EZCORP, Inc provides pawn loans in the United States and Mexico, and consumer loans in Mexico. The Company operates through three segments: U.S. Pawn, which includes its EZPAWN, Value Pawn & Jewelry and other branded pawn operations in the United States; Mexico Pawn, which includes its Empeno Facil pawn operations and cash converters buy/sell store operations in Mexico, and Other International, which includes its CASHMAX financial services operations in Canada and its equity interest in Cash Converters International.
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