Equities research analysts expect that EZCORP Inc (NASDAQ:EZPW) will post sales of $209.38 million for the current quarter, according to Zacks. Two analysts have issued estimates for EZCORP’s earnings, with the highest sales estimate coming in at $213.11 million and the lowest estimate coming in at $205.64 million. EZCORP reported sales of $206.33 million during the same quarter last year, which indicates a positive year over year growth rate of 1.5%. The firm is scheduled to announce its next quarterly earnings report on Wednesday, November 13th.
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According to Zacks, analysts expect that EZCORP will report full-year sales of $844.72 million for the current financial year, with estimates ranging from $843.28 million to $846.15 million. For the next fiscal year, analysts expect that the firm will post sales of $905.46 million, with estimates ranging from $884.01 million to $926.90 million. Zacks Investment Research’s sales averages are an average based on a survey of research firms that that provide coverage for EZCORP.
EZPW has been the subject of a number of research reports. Jefferies Financial Group cut shares of EZCORP from a “buy” rating to a “hold” rating in a report on Tuesday, October 8th. TheStreet cut shares of EZCORP from a “b-” rating to a “c” rating in a report on Monday, August 5th. Zacks Investment Research cut shares of EZCORP from a “hold” rating to a “sell” rating in a report on Wednesday, October 9th. BidaskClub cut shares of EZCORP from a “sell” rating to a “strong sell” rating in a report on Thursday, October 3rd. Finally, ValuEngine upgraded shares of EZCORP from a “strong sell” rating to a “sell” rating in a report on Wednesday, October 2nd. Three equities research analysts have rated the stock with a sell rating, one has given a hold rating and one has assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $12.50.
A number of institutional investors have recently modified their holdings of the stock. CNA Financial Corp lifted its stake in EZCORP by 17.1% in the third quarter. CNA Financial Corp now owns 98,169 shares of the credit services provider’s stock worth $634,000 after acquiring an additional 14,369 shares during the last quarter. Boston Advisors LLC lifted its stake in EZCORP by 43.4% in the third quarter. Boston Advisors LLC now owns 64,185 shares of the credit services provider’s stock worth $414,000 after acquiring an additional 19,410 shares during the last quarter. First Trust Advisors LP lifted its stake in EZCORP by 25.3% in the third quarter. First Trust Advisors LP now owns 119,042 shares of the credit services provider’s stock worth $768,000 after acquiring an additional 24,025 shares during the last quarter. Wedge Capital Management L L P NC purchased a new position in EZCORP in the third quarter worth approximately $520,000. Finally, Russell Investments Group Ltd. purchased a new position in EZCORP in the third quarter worth approximately $174,000. Institutional investors own 98.24% of the company’s stock.
EZPW traded down $0.14 during midday trading on Thursday, hitting $5.20. 286,200 shares of the company traded hands, compared to its average volume of 440,993. The company has a current ratio of 8.07, a quick ratio of 5.66 and a debt-to-equity ratio of 0.32. The company has a market capitalization of $301.62 million, a price-to-earnings ratio of 6.58 and a beta of 1.67. The business has a 50 day simple moving average of $5.88 and a two-hundred day simple moving average of $8.34. EZCORP has a 52-week low of $5.12 and a 52-week high of $11.25.
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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