EZCORP (NASDAQ:EZPW) Issues Quarterly Earnings Results

EZCORP (NASDAQ:EZPW) posted its earnings results on Wednesday. The credit services provider reported $0.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.24 by $0.04, Zacks reports. The company had revenue of $285.64 million for the quarter, compared to analysts’ expectations of $287.59 million. EZCORP had a return on equity of 10.37% and a net margin of 4.62%. During the same period last year, the business posted $0.23 earnings per share.

EZCORP Price Performance

EZCORP stock traded down $0.70 during trading hours on Thursday, hitting $10.33. 535,725 shares of the company traded hands, compared to its average volume of 544,101. The firm’s 50-day simple moving average is $10.82 and its two-hundred day simple moving average is $9.49. The firm has a market cap of $569.70 million, a P/E ratio of 16.57 and a beta of 1.13. EZCORP has a 1-year low of $7.70 and a 1-year high of $11.52. The company has a quick ratio of 3.08, a current ratio of 4.00 and a debt-to-equity ratio of 0.42.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on EZPW. StockNews.com downgraded shares of EZCORP from a “strong-buy” rating to a “buy” rating in a research report on Friday, March 29th. TheStreet raised EZCORP from a “c+” rating to a “b-” rating in a report on Thursday, February 15th. Finally, Canaccord Genuity Group increased their price objective on EZCORP from $17.00 to $18.00 and gave the stock a “buy” rating in a report on Tuesday, April 16th.

Insider Transactions at EZCORP

In related news, CRO Nicole Swies sold 2,250 shares of the company’s stock in a transaction on Monday, April 1st. The stock was sold at an average price of $11.38, for a total transaction of $25,605.00. Following the transaction, the executive now directly owns 71,458 shares of the company’s stock, valued at $813,192.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 2.13% of the stock is currently owned by insiders.

EZCORP Company Profile

EZCORP, Inc provides pawn services in the United States and Latin America. The company operates through three segments: U.S. Pawn, Latin America Pawn, and Other Investments. The company offers pawn loans collateralized by tangible personal property, jewelry, consumer electronics, tools, sporting goods, and musical instruments.