Encore Capital Group (NASDAQ:ECPG - Get Free Report) is projected to post its quarterly earnings results after the market closes on Wednesday, February 26th. Analysts expect Encore Capital Group to post earnings of $1.55 per share and revenue of $373.40 million for the quarter. Persons that wish to register for the company's earnings conference call can do so using this link.
Encore Capital Group Price Performance
Encore Capital Group stock traded up $0.25 during midday trading on Friday, hitting $50.00. The company's stock had a trading volume of 212,471 shares, compared to its average volume of 131,107. Encore Capital Group has a 12 month low of $39.64 and a 12 month high of $54.55. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 3.39. The company has a market capitalization of $1.18 billion, a PE ratio of -6.37 and a beta of 1.55. The stock's 50-day moving average price is $48.56 and its 200-day moving average price is $47.98.
Insider Transactions at Encore Capital Group
In other Encore Capital Group news, Director Laura Olle sold 1,340 shares of the business's stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $49.16, for a total value of $65,874.40. Following the transaction, the director now owns 32,381 shares in the company, valued at $1,591,849.96. The trade was a 3.97 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 2.63% of the stock is owned by insiders.
Wall Street Analyst Weigh In
Several analysts recently commented on ECPG shares. Northland Securities increased their target price on shares of Encore Capital Group from $58.00 to $66.00 and gave the company an "outperform" rating in a research note on Monday, December 23rd. StockNews.com raised Encore Capital Group from a "hold" rating to a "buy" rating in a research note on Friday, November 29th. Finally, JMP Securities boosted their target price on Encore Capital Group from $60.00 to $65.00 and gave the stock a "market outperform" rating in a research report on Thursday, November 7th. Four analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Encore Capital Group has an average rating of "Buy" and a consensus target price of $65.00.
Read Our Latest Stock Analysis on ECPG
Encore Capital Group Company Profile
(
Get Free Report)
Encore Capital Group, Inc, a specialty finance company, provides debt recovery solutions and other related services for consumers across financial assets worldwide. The company purchases portfolios of defaulted consumer receivables at deep discounts to face value, as well as manages them by working with individuals as they repay their obligations and works toward financial recovery.
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