A number of other research analysts have also weighed in on the company. Wells Fargo & Co. upgraded Ezcorp from a market perform rating to an outperform rating in a report on Thursday, July 7th. CL King raised Ezcorp from a neutral rating to a buy rating and set a $11.25 target price for the company in a research note on Wednesday, August 17th. Finally, Zacks Investment Research raised Ezcorp from a hold rating to a buy rating and set a $10.00 target price for the company in a research note on Friday, August 12th. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the stock. The company has a consensus rating of Hold and a consensus target price of $11.08.
Shares of Ezcorp (NASDAQ:EZPW) opened at 10.93 on Tuesday. Ezcorp has a 1-year low of $2.44 and a 1-year high of $11.33. The company has a 50-day moving average of $10.34 and a 200-day moving average of $7.71. The stock’s market capitalization is $590.01 million.
Ezcorp (NASDAQ:EZPW) last announced its quarterly earnings data on Tuesday, August 9th. The company reported $0.05 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.06. Ezcorp had a negative return on equity of 3.34% and a negative net margin of 23.29%. On average, equities research analysts expect that Ezcorp will post ($1.57) EPS for the current fiscal year.
Several hedge funds have recently modified their holdings of EZPW. Lafitte Capital Management LP increased its stake in shares of Ezcorp by 41.2% in the first quarter. Lafitte Capital Management LP now owns 3,085,173 shares of the company’s stock worth $9,163,000 after buying an additional 900,000 shares during the period. JPMorgan Chase & Co. acquired a new stake in shares of Ezcorp during the second quarter worth about $5,605,000. Nantahala Capital Management LLC acquired a new stake in shares of Ezcorp during the first quarter worth about $1,675,000. Dimensional Fund Advisors LP increased its stake in shares of Ezcorp by 10.5% in the second quarter. Dimensional Fund Advisors LP now owns 2,594,209 shares of the company’s stock worth $19,612,000 after buying an additional 246,289 shares during the last quarter. Finally, Chicago Equity Partners LLC acquired a new stake in shares of Ezcorp during the second quarter worth about $1,692,000. 79.56% of the stock is owned by institutional investors and hedge funds.
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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