According to Zacks, “Ezcorp Inc. is engaged in establishing, acquiring, and operating pawnshops which function as convenient sources of consumer credit and as value-oriented specialty retailers of primarily previously owned merchandise. Through its lending function, the company makes relatively small, non-recourse loans secured by pledges of tangible personal property. The company contracts for a pawn service charge to compensate it for each pawn loan. “
A number of other brokerages have also issued reports on EZPW. Wells Fargo & Co. raised Ezcorp from a market perform rating to an outperform rating in a research report on Thursday, July 7th. CL King raised Ezcorp from a neutral rating to a buy rating and set a $11.25 price objective on the stock in a research report on Wednesday, August 17th. Finally, Jefferies Group upped their price objective on Ezcorp from $9.00 to $11.00 and gave the stock a hold rating in a research report on Tuesday, October 11th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company’s stock. Ezcorp has a consensus rating of Hold and an average price target of $11.08.
Shares of Ezcorp (NASDAQ:EZPW) opened at 10.90 on Tuesday. The stock has a 50 day moving average price of $10.37 and a 200 day moving average price of $7.77. Ezcorp has a one year low of $2.44 and a one year high of $11.33. The stock’s market capitalization is $588.39 million.
Ezcorp (NASDAQ:EZPW) last announced its earnings results on Tuesday, August 9th. The company reported $0.05 earnings per share (EPS) 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%. Equities analysts forecast that Ezcorp will post ($1.57) earnings per share for the current year.
A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Profund Advisors LLC boosted its position in Ezcorp by 2.2% in the second quarter. Profund Advisors LLC now owns 16,790 shares of the company’s stock valued at $127,000 after buying an additional 356 shares in the last quarter. BlackRock Advisors LLC boosted its position in Ezcorp by 3.7% in the second quarter. BlackRock Advisors LLC now owns 24,642 shares of the company’s stock valued at $186,000 after buying an additional 876 shares in the last quarter. Public Employees Retirement System of Ohio boosted its position 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 valued at $154,000 after buying an additional 1,462 shares in the last quarter. Guggenheim Capital LLC boosted its position in Ezcorp by 0.4% in the second quarter. Guggenheim Capital LLC now owns 443,335 shares of the company’s stock valued at $3,352,000 after buying an additional 1,551 shares in the last quarter. Finally, Principal Financial Group Inc. boosted its position in Ezcorp by 0.9% in the second quarter. Principal Financial Group Inc. now owns 358,710 shares of the company’s stock valued at $2,712,000 after buying an additional 3,099 shares in the last quarter. 79.52% of the stock is owned by hedge funds and other institutional investors.
Ezcorp Company Profile
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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