Key Points
- Insider sale: Ellen Bryant sold 20,000 EZCORP shares on Feb. 17 at an average price of $25.00 for $500,000, reducing her stake by 11.92% to 147,786 shares (≈$3.69M).
- Recent results and analyst view: EZCORP beat Q4 estimates with $0.55 EPS (vs. $0.40 est.) and $374.5M revenue, the stock has a $1.55B market cap, and analysts carry a "Moderate Buy" consensus with a $28 average target.
EZCORP, Inc. (NASDAQ:EZPW - Get Free Report) Director Gary Tillett sold 10,000 shares of the stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $25.00, for a total value of $250,000.00. Following the transaction, the director owned 143,483 shares of the company's stock, valued at approximately $3,587,075. This trade represents a 6.52% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.
EZCORP Trading Up 1.4%
Shares of NASDAQ:EZPW opened at $25.13 on Thursday. The company has a debt-to-equity ratio of 0.48, a current ratio of 6.03 and a quick ratio of 4.69. The company's 50-day moving average price is $21.57 and its two-hundred day moving average price is $19.06. The stock has a market capitalization of $1.55 billion, a PE ratio of 16.11 and a beta of 0.53. EZCORP, Inc. has a one year low of $12.85 and a one year high of $26.35.
EZCORP (NASDAQ:EZPW - Get Free Report) last announced its quarterly earnings data on Wednesday, February 4th. The credit services provider reported $0.55 EPS for the quarter, beating analysts' consensus estimates of $0.40 by $0.15. EZCORP had a net margin of 9.18% and a return on equity of 12.37%. The company had revenue of $374.50 million during the quarter, compared to the consensus estimate of $363.63 million. On average, equities analysts forecast that EZCORP, Inc. will post 1.3 EPS for the current fiscal year.
Institutional Investors Weigh In On EZCORP
Large investors have recently added to or reduced their stakes in the business. Capital Research Global Investors boosted its stake in EZCORP by 47.5% during the fourth quarter. Capital Research Global Investors now owns 3,167,748 shares of the credit services provider's stock worth $61,518,000 after acquiring an additional 1,019,622 shares in the last quarter. Qube Research & Technologies Ltd grew its stake in EZCORP by 70.2% in the second quarter. Qube Research & Technologies Ltd now owns 1,063,677 shares of the credit services provider's stock valued at $14,764,000 after acquiring an additional 438,542 shares during the period. Millennium Management LLC increased its stake in EZCORP by 28.5% during the 3rd quarter. Millennium Management LLC now owns 1,975,421 shares of the credit services provider's stock valued at $37,612,000 after purchasing an additional 437,601 shares in the last quarter. Intrinsic Edge Capital Management LLC bought a new stake in shares of EZCORP during the second quarter worth about $5,939,000. Finally, BNP Paribas Financial Markets increased its holdings in EZCORP by 89.2% during the 4th quarter. BNP Paribas Financial Markets now owns 785,131 shares of the credit services provider's stock worth $15,247,000 after purchasing an additional 370,103 shares in the last quarter. Institutional investors and hedge funds own 99.83% of the company's stock.
Analyst Upgrades and Downgrades
A number of equities research analysts have issued reports on the stock. Wall Street Zen upgraded shares of EZCORP from a "buy" rating to a "strong-buy" rating in a research note on Saturday, February 7th. Weiss Ratings reissued a "buy (b)" rating on shares of EZCORP in a research note on Thursday, January 22nd. Roth Mkm reiterated a "buy" rating and issued a $26.00 price target on shares of EZCORP in a research note on Tuesday, January 6th. Zacks Research upgraded EZCORP from a "hold" rating to a "strong-buy" rating in a research report on Monday, February 9th. Finally, Canaccord Genuity Group set a $34.00 target price on EZCORP in a research report on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $28.00.
View Our Latest Report on EZPW
EZCORP Company Profile
(
Get Free Report)
EZCORP, Inc is a specialty consumer finance company that provides pawn loans and retail merchandise programs primarily through its EZPAWN and Cash Converters brands. The company offers collateral-based loans secured principally by jewelry, electronics, musical instruments and other personal items, alongside check-cashing, money-transfer and bill-payment services. In addition to its pawn lending operations, EZCORP acquires previously pawned or consumer merchandise for resale through its “Sell-It-Now” platform and retail storefronts.
Founded in 1989 and headquartered in San Antonio, Texas, EZCORP operates in two principal geographic markets: the United States and Mexico.
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