Key Points
- Director sale: Director Pablo Lagos Espinosa sold 20,000 shares at an average of $25.00 for a total of $500,000, reducing his ownership by 8.77% to 208,177 shares; the transaction was disclosed in an SEC filing.
- Recent results and valuation: EZCORP beat Q4 estimates with $0.55 EPS (vs. $0.40 consensus) and $374.5M revenue, and currently trades with a market cap of $1.57B and a P/E of 16.26.
- Analyst and ownership backdrop: The consensus rating is "Moderate Buy" with a $28 price target, while institutional investors own about 99.83% of the stock.
EZCORP, Inc. (NASDAQ:EZPW - Get Free Report) Director Pablo Lagos Espinosa sold 20,000 shares of EZCORP stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $25.00, for a total transaction of $500,000.00. Following the completion of the sale, the director owned 208,177 shares of the company's stock, valued at $5,204,425. This trade represents a 8.77% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
EZCORP Stock Performance
Shares of EZPW opened at $25.37 on Friday. The firm has a market cap of $1.57 billion, a price-to-earnings ratio of 16.26 and a beta of 0.53. The company's fifty day moving average is $21.74 and its 200-day moving average is $19.17. The company has a quick ratio of 4.69, a current ratio of 6.03 and a debt-to-equity ratio of 0.48. EZCORP, Inc. has a 12 month low of $12.85 and a 12 month high of $26.35.
EZCORP (NASDAQ:EZPW - Get Free Report) last released its quarterly earnings data on Wednesday, February 4th. The credit services provider reported $0.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.15. The business had revenue of $374.50 million during the quarter, compared to analyst estimates of $363.63 million. EZCORP had a net margin of 9.18% and a return on equity of 12.37%. Equities analysts expect that EZCORP, Inc. will post 1.3 EPS for the current fiscal year.
Analyst Ratings Changes
A number of research analysts have recently commented on the company. Weiss Ratings reissued a "buy (b)" rating on shares of EZCORP in a report on Thursday, January 22nd. Canaccord Genuity Group set a $34.00 target price on EZCORP in a research report on Friday, February 6th. Roth Mkm reiterated a "buy" rating and set a $26.00 price target on shares of EZCORP in a report on Tuesday, January 6th. Stephens boosted their price objective on shares of EZCORP from $22.00 to $26.00 and gave the stock an "equal weight" rating in a research note on Friday, February 6th. Finally, Citizens Jmp upped their price objective on shares of EZCORP from $23.00 to $26.00 and gave the stock a "market outperform" rating in a report on Tuesday, January 20th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat.com, EZCORP currently has a consensus rating of "Moderate Buy" and a consensus price target of $28.00.
Get Our Latest Analysis on EZPW
Institutional Investors Weigh In On EZCORP
Hedge funds have recently modified their holdings of the business. GHP Investment Advisors Inc. acquired a new stake in shares of EZCORP in the fourth quarter worth $25,000. Aster Capital Management DIFC Ltd bought a new stake in EZCORP in the 3rd quarter valued at $29,000. Deutsche Bank AG grew its position in EZCORP by 533.5% in the 4th quarter. Deutsche Bank AG now owns 2,667 shares of the credit services provider's stock worth $52,000 after purchasing an additional 2,246 shares during the last quarter. Covestor Ltd increased its holdings in shares of EZCORP by 239.3% during the 3rd quarter. Covestor Ltd now owns 2,728 shares of the credit services provider's stock worth $52,000 after purchasing an additional 1,924 shares during the period. Finally, Farther Finance Advisors LLC increased its holdings in shares of EZCORP by 15,019.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 3,175 shares of the credit services provider's stock worth $60,000 after purchasing an additional 3,154 shares during the period. 99.83% of the stock is owned by institutional investors.
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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