EZCORP (NASDAQ:EZPW) Upgraded at BidaskClub

BidaskClub upgraded shares of EZCORP (NASDAQ:EZPW) from a strong sell rating to a sell rating in a research report report published on Thursday, BidAskClub reports.

Several other research analysts have also commented on EZPW. Zacks Investment Research raised shares of EZCORP from a sell rating to a hold rating in a research note on Monday, September 9th. TheStreet lowered shares of EZCORP from a b- rating to a c rating in a research note on Monday, August 5th. Finally, ValuEngine lowered shares of EZCORP from a hold rating to a sell rating in a research note on Thursday, August 1st. Two analysts have rated the stock with a sell rating, one has issued a hold rating and one has issued a buy rating to the company. The stock currently has a consensus rating of Hold and a consensus target price of $12.50.

NASDAQ EZPW opened at $8.35 on Thursday. The company has a quick ratio of 5.66, a current ratio of 8.07 and a debt-to-equity ratio of 0.32. The company has a fifty day moving average of $8.44 and a two-hundred day moving average of $9.38. The firm has a market capitalization of $457.98 million, a price-to-earnings ratio of 9.39 and a beta of 1.77. EZCORP has a 52 week low of $7.45 and a 52 week high of $11.25.

EZCORP (NASDAQ:EZPW) last posted its quarterly earnings data on Wednesday, July 31st. The credit services provider reported $0.18 EPS for the quarter, topping the consensus estimate of $0.15 by $0.03. The company had revenue of $206.92 million during the quarter, compared to analyst estimates of $216.17 million. EZCORP had a net margin of 0.26% and a return on equity of 6.52%. EZCORP’s quarterly revenue was up 3.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.15 earnings per share. Equities research analysts anticipate that EZCORP will post 0.88 EPS for the current year.

A number of hedge funds and other institutional investors have recently bought and sold shares of EZPW. Renaissance Technologies LLC boosted its stake in EZCORP by 44.7% during the second quarter. Renaissance Technologies LLC now owns 1,794,921 shares of the credit services provider’s stock worth $16,998,000 after buying an additional 554,121 shares during the period. Hancock Whitney Corp lifted its position in shares of EZCORP by 1,652.8% during the second quarter. Hancock Whitney Corp now owns 480,134 shares of the credit services provider’s stock worth $4,547,000 after purchasing an additional 452,741 shares during the last quarter. 361 Capital LLC bought a new stake in shares of EZCORP during the first quarter worth $2,568,000. Nuveen Asset Management LLC bought a new stake in shares of EZCORP during the second quarter worth $1,893,000. Finally, IndexIQ Advisors LLC bought a new stake in shares of EZCORP during the first quarter worth $1,570,000. 98.35% of the stock is owned by institutional investors.

EZCORP Company Profile

EZCORP, Inc provides pawn loans. It operates through three segments: U.S. Pawn, Latin America Pawn, and Other International. The company offers pawn loans, which are non-recourse loans collateralized by tangible personal property, including jewelry, consumer electronics, power tools, sporting goods, and musical instruments; and sells merchandise, such as collateral forfeited from pawn lending operations and used merchandise purchased from customers.

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