EZCORP, Inc. (NASDAQ:EZPW - Get Free Report) Director Pablo Lagos Espinosa sold 10,000 shares of EZCORP stock in a transaction on Friday, June 5th. The shares were sold at an average price of $32.00, for a total transaction of $320,000.00. Following the completion of the transaction, the director owned 217,543 shares in the company, valued at approximately $6,961,376. This trade represents a 4.39% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
EZCORP Stock Performance
NASDAQ:EZPW opened at $31.23 on Tuesday. The firm's fifty day moving average price is $30.99 and its 200 day moving average price is $25.43. EZCORP, Inc. has a 1-year low of $12.85 and a 1-year high of $37.13. The company has a debt-to-equity ratio of 0.45, a current ratio of 4.71 and a quick ratio of 3.52. The firm has a market cap of $1.92 billion, a price-to-earnings ratio of 16.97 and a beta of 0.63.
EZCORP (NASDAQ:EZPW - Get Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The credit services provider reported $0.58 earnings per share for the quarter, beating analysts' consensus estimates of $0.36 by $0.22. EZCORP had a net margin of 9.91% and a return on equity of 13.45%. The firm had revenue of $434.90 million for the quarter. On average, sell-side analysts expect that EZCORP, Inc. will post 2 EPS for the current year.
Analyst Upgrades and Downgrades
A number of equities analysts recently weighed in on EZPW shares. Wall Street Zen upgraded shares of EZCORP from a "buy" rating to a "strong-buy" rating in a research report on Saturday, May 9th. Citizens Jmp boosted their target price on shares of EZCORP from $33.00 to $39.00 and gave the stock a "market outperform" rating in a research report on Monday, May 11th. Weiss Ratings upgraded shares of EZCORP from a "buy (b+)" rating to a "buy (a-)" rating in a research report on Wednesday, April 8th. Canaccord Genuity Group set a $44.00 target price on shares of EZCORP in a research report on Friday, May 8th. Finally, Citigroup restated an "outperform" rating on shares of EZCORP in a research report on Monday, May 11th. Two research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, EZCORP presently has an average rating of "Buy" and an average price target of $37.25.
View Our Latest Stock Report on EZPW
Institutional Investors Weigh In On EZCORP
Institutional investors have recently made changes to their positions in the stock. Divisadero Street Capital Management LP boosted its position in shares of EZCORP by 39.5% during the 3rd quarter. Divisadero Street Capital Management LP now owns 138,505 shares of the credit services provider's stock worth $2,637,000 after purchasing an additional 39,195 shares in the last quarter. Miller Global Investments LLC purchased a new stake in shares of EZCORP during the 4th quarter worth $1,451,000. JPMorgan Chase & Co. raised its stake in shares of EZCORP by 163.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 483,211 shares of the credit services provider's stock worth $9,200,000 after buying an additional 299,920 shares during the last quarter. Harbour Capital Advisors LLC acquired a new position in shares of EZCORP during the 4th quarter worth $1,207,000. Finally, Vanguard Group Inc. raised its stake in shares of EZCORP by 11.4% during the 3rd quarter. Vanguard Group Inc. now owns 3,610,029 shares of the credit services provider's stock worth $68,735,000 after buying an additional 369,817 shares during the last quarter. 99.83% of the stock is currently owned by hedge funds and other institutional investors.
About EZCORP
(
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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