Shares of Ezcorp Inc. (NASDAQ:EZPW) were up 2.7% during mid-day trading on Wednesday after Jefferies Group raised their price target on the stock from $9.00 to $11.00. Jefferies Group currently has a hold rating on the stock. Ezcorp traded as high as $10.90 and last traded at $10.90, with a volume of 216,734 shares changing hands. The stock had previously closed at $10.61.
A number of other analysts also recently issued reports on the company. Wells Fargo & Co. raised Ezcorp from a “market perform” rating to an “outperform” rating in a research report on Thursday, July 7th. CL King upgraded Ezcorp from a “neutral” rating to a “buy” rating and set a $11.25 price target for the company in a report on Wednesday, August 17th. Finally, Zacks Investment Research upgraded Ezcorp from a “hold” rating to a “buy” rating and set a $10.00 price target for the company in a report on Friday, August 12th. One analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $11.08.
Large investors have recently bought and sold shares of the company. Profund Advisors LLC raised its stake in Ezcorp by 2.2% in the second quarter. Profund Advisors LLC now owns 16,790 shares of the company’s stock worth $127,000 after buying an additional 356 shares in the last quarter. BlackRock Advisors LLC raised its stake in Ezcorp by 3.7% in the second quarter. BlackRock Advisors LLC now owns 24,642 shares of the company’s stock worth $186,000 after buying an additional 876 shares in the last quarter. Public Employees Retirement System of Ohio raised its stake in Ezcorp by 7.7% in the second quarter. Public Employees Retirement System of Ohio now owns 20,337 shares of the company’s stock worth $154,000 after buying an additional 1,462 shares in the last quarter. Guggenheim Capital LLC raised its stake in Ezcorp by 0.4% in the second quarter. Guggenheim Capital LLC now owns 443,335 shares of the company’s stock worth $3,352,000 after buying an additional 1,551 shares in the last quarter. Finally, Principal Financial Group Inc. raised its stake in Ezcorp by 0.9% in the second quarter. Principal Financial Group Inc. now owns 358,710 shares of the company’s stock worth $2,712,000 after buying an additional 3,099 shares in the last quarter. Institutional investors own 79.56% of the company’s stock.
The firm has a 50 day moving average price of $10.34 and a 200-day moving average price of $7.71. The firm’s market cap is $590.01 million.
Ezcorp (NASDAQ:EZPW) last posted its quarterly earnings data on Tuesday, August 9th. The company reported $0.05 EPS for the quarter, topping the consensus estimate of ($0.01) by $0.06. Ezcorp had a negative net margin of 23.29% and a negative return on equity of 3.34%. Equities research analysts expect that Ezcorp Inc. will post ($1.57) earnings per share for the current fiscal year.
EZCORP, Inc provides pawn loans in the United States and Mexico, and consumer loans in Mexico. The Company operates through four segments: U.S. Pawn, which includes its EZPAWN, value pawn and jewelry, and other branded pawn operations in the United States; Mexico Pawn, which includes its Empeno Facil pawn operations and cash converters buy/sell store operations in Mexico; Grupo Finmart, which includes its Crediamigo and Adex payroll withholding loan operations in Mexico, and Other International, which includes its CASHMAX financial services operations in Canada and its equity interest in Cash Converters International.
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