Key Points
- Insider sale: Director Daniel Clinton Dyer sold 8,857 shares on December 16 at an average price of $149, totaling about $1.32 million, cutting his ownership by 20.84% to 33,640 shares (≈$5.01M).
- Recent earnings miss and downgrades: World Acceptance reported an eye‑catching EPS miss on October 23 (‑$0.38 vs. $1.87 expected) and lower revenue, and analysts have since pared ratings (Zacks to "strong sell"; consensus view: "Reduce").
- Stock context and ownership: WRLD trades near $150 with a 50‑day SMA of $148.50 and 200‑day SMA of $160.37, a market cap of ~$759M and PE ~14.3, while institutional investors own about 83.63% of the shares.
World Acceptance Corporation (NASDAQ:WRLD - Get Free Report) insider Daniel Clinton Dyer sold 89 shares of World Acceptance stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $150.00, for a total value of $13,350.00. Following the completion of the transaction, the insider owned 42,497 shares of the company's stock, valued at approximately $6,374,550. This represents a 0.21% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
Daniel Clinton Dyer also recently made the following trade(s):
- On Tuesday, December 16th, Daniel Clinton Dyer sold 8,857 shares of World Acceptance stock. The shares were sold at an average price of $149.00, for a total value of $1,319,693.00.
World Acceptance Price Performance
Shares of World Acceptance stock traded up $3.20 on Thursday, reaching $149.22. The company's stock had a trading volume of 39,099 shares, compared to its average volume of 47,406. The company has a quick ratio of 24.16, a current ratio of 24.16 and a debt-to-equity ratio of 1.60. The company has a market capitalization of $752.07 million, a P/E ratio of 14.28 and a beta of 1.08. The stock has a 50-day moving average price of $148.50 and a 200-day moving average price of $160.37. World Acceptance Corporation has a 52-week low of $104.99 and a 52-week high of $185.48.
World Acceptance (NASDAQ:WRLD - Get Free Report) last released its quarterly earnings results on Thursday, October 23rd. The credit services provider reported ($0.38) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.87 by ($2.25). The company had revenue of $120.12 million during the quarter, compared to analyst estimates of $127.85 million. World Acceptance had a net margin of 10.00% and a return on equity of 13.65%. Analysts expect that World Acceptance Corporation will post 14 EPS for the current year.
Institutional Investors Weigh In On World Acceptance
Several hedge funds and other institutional investors have recently made changes to their positions in WRLD. Vanguard Group Inc. boosted its stake in World Acceptance by 2.2% during the first quarter. Vanguard Group Inc. now owns 349,238 shares of the credit services provider's stock worth $44,196,000 after buying an additional 7,429 shares during the last quarter. American Century Companies Inc. raised its holdings in shares of World Acceptance by 14.2% during the 3rd quarter. American Century Companies Inc. now owns 85,622 shares of the credit services provider's stock worth $14,482,000 after acquiring an additional 10,649 shares during the period. Geode Capital Management LLC boosted its position in shares of World Acceptance by 6.1% during the 2nd quarter. Geode Capital Management LLC now owns 84,846 shares of the credit services provider's stock valued at $14,011,000 after acquiring an additional 4,869 shares during the last quarter. Bridgeway Capital Management LLC grew its holdings in shares of World Acceptance by 9.0% in the third quarter. Bridgeway Capital Management LLC now owns 63,120 shares of the credit services provider's stock valued at $10,676,000 after purchasing an additional 5,192 shares during the period. Finally, Ingalls & Snyder LLC increased its position in World Acceptance by 0.9% during the second quarter. Ingalls & Snyder LLC now owns 53,171 shares of the credit services provider's stock worth $8,780,000 after purchasing an additional 495 shares during the last quarter. Institutional investors and hedge funds own 83.63% of the company's stock.
Analyst Upgrades and Downgrades
WRLD has been the subject of several research analyst reports. Weiss Ratings restated a "hold (c)" rating on shares of World Acceptance in a research report on Monday. Zacks Research cut World Acceptance from a "hold" rating to a "strong sell" rating in a report on Monday, October 27th. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Reduce".
View Our Latest Analysis on WRLD
About World Acceptance
(
Get Free Report)
World Acceptance Corporation engages in consumer finance business in the United States. The company provides short-term small installment loans, medium-term larger installment loans, related credit insurance, and ancillary products and services to individuals. It offers income tax return preparation and filing services; and automobile club memberships.
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