Buckingham Research initiated coverage on shares of Curo Group (NYSE:CURO) in a research note published on Tuesday morning, BenzingaRatingsTable reports. The firm issued a buy rating and a $19.00 target price on the stock.
Other research analysts have also issued research reports about the stock. ValuEngine upgraded shares of Curo Group from a sell rating to a hold rating in a research note on Thursday, August 1st. Zacks Investment Research upgraded shares of Curo Group from a hold rating to a buy rating and set a $14.00 price objective on the stock in a research note on Friday, August 2nd. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Curo Group presently has a consensus rating of Buy and a consensus price target of $22.75.
Curo Group stock opened at $13.66 on Tuesday. The firm has a market cap of $604.33 million, a price-to-earnings ratio of 7.90 and a beta of 3.72. The company has a current ratio of 2.86, a quick ratio of 2.86 and a debt-to-equity ratio of 13.39. The company has a 50 day moving average of $11.28. Curo Group has a twelve month low of $8.73 and a twelve month high of $32.20.
Institutional investors have recently added to or reduced their stakes in the business. BlackRock Inc. grew its holdings in Curo Group by 39.8% during the 2nd quarter. BlackRock Inc. now owns 1,126,799 shares of the company’s stock worth $12,451,000 after acquiring an additional 320,759 shares during the last quarter. Parametric Portfolio Associates LLC grew its holdings in Curo Group by 13.9% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 17,159 shares of the company’s stock worth $190,000 after acquiring an additional 2,096 shares during the last quarter. Northern Trust Corp grew its holdings in Curo Group by 5.5% during the 2nd quarter. Northern Trust Corp now owns 148,869 shares of the company’s stock worth $1,645,000 after acquiring an additional 7,816 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in Curo Group by 20.0% during the 2nd quarter. Bank of New York Mellon Corp now owns 59,107 shares of the company’s stock worth $653,000 after acquiring an additional 9,858 shares during the last quarter. Finally, Quantamental Technologies LLC bought a new stake in Curo Group during the 2nd quarter worth about $28,000. Hedge funds and other institutional investors own 48.86% of the company’s stock.
Curo Group Company Profile
CURO Group Holdings Corp., a diversified consumer finance company, provides consumer finance to a range of underbanked consumers in the United States, Canada, and the United Kingdom. It offers unsecured installment loans, secured installment loans, open-end loans, and single-pay loans, as well as ancillary financial products, including check cashing, proprietary reloadable prepaid debit cards, credit protection insurance, gold buying, retail installment sales, and money transfer services.
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