EZCORP Inc (NASDAQ:EZPW) Receives Average Recommendation of “Hold” from Brokerages

EZCORP Inc (NASDAQ:EZPW) has been assigned an average recommendation of “Hold” from the six analysts that are covering the company, MarketBeat.com reports. Three research analysts have rated the stock with a sell rating, one has given a hold rating and one has assigned a buy rating to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $12.00.

Several equities research analysts recently weighed in on EZPW shares. BidaskClub upgraded EZCORP from a “strong sell” rating to a “sell” rating in a report on Monday, November 25th. ValuEngine upgraded EZCORP from a “strong sell” rating to a “sell” rating in a report on Wednesday, October 2nd. Zacks Investment Research cut EZCORP from a “hold” rating to a “sell” rating in a report on Wednesday, October 9th. B. Riley dropped their target price on EZCORP from $14.00 to $12.00 and set a “buy” rating for the company in a report on Tuesday. Finally, Jefferies Financial Group cut EZCORP from a “buy” rating to a “hold” rating in a report on Tuesday, October 8th.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Quantum Capital Management purchased a new stake in EZCORP in the 3rd quarter worth approximately $30,000. Quantamental Technologies LLC lifted its holdings in EZCORP by 373.3% in the 2nd quarter. Quantamental Technologies LLC now owns 5,112 shares of the credit services provider’s stock worth $48,000 after buying an additional 4,032 shares during the period. Bank of Montreal Can raised its position in shares of EZCORP by 320.5% in the 2nd quarter. Bank of Montreal Can now owns 5,630 shares of the credit services provider’s stock worth $54,000 after acquiring an additional 4,291 shares in the last quarter. Ellington Management Group LLC bought a new position in shares of EZCORP in the 2nd quarter worth approximately $100,000. Finally, JPMorgan Chase & Co. raised its position in shares of EZCORP by 15.5% in the 2nd quarter. JPMorgan Chase & Co. now owns 16,148 shares of the credit services provider’s stock worth $155,000 after acquiring an additional 2,171 shares in the last quarter. Institutional investors and hedge funds own 95.07% of the company’s stock.

EZPW stock traded up $0.03 during trading on Wednesday, hitting $5.22. 1,295,736 shares of the company traded hands, compared to its average volume of 458,263. The firm has a market capitalization of $289.42 million, a PE ratio of 6.61 and a beta of 1.67. EZCORP has a 1 year low of $4.77 and a 1 year high of $11.25. The company has a 50-day moving average of $5.30 and a 200-day moving average of $7.69. The company has a debt-to-equity ratio of 0.32, a quick ratio of 5.66 and a current ratio of 8.07.

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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