EZCORP (NASDAQ:EZPW) Reaches New 1-Year High - Should You Buy?

EZCORP, Inc. (NASDAQ:EZPW - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $14.50 and last traded at $14.38, with a volume of 5125 shares. The stock had previously closed at $14.25.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on EZPW. Stephens reiterated an "equal weight" rating and issued a $13.50 price objective on shares of EZCORP in a report on Thursday, February 6th. Roth Mkm started coverage on shares of EZCORP in a research note on Monday, March 17th. They issued a "buy" rating and a $16.00 price target on the stock. Canaccord Genuity Group raised their price objective on shares of EZCORP from $19.00 to $22.00 and gave the stock a "buy" rating in a report on Friday, February 7th. Finally, Roth Capital set a $16.00 target price on shares of EZCORP in a report on Monday, March 17th. One investment analyst has rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, EZCORP currently has a consensus rating of "Buy" and an average price target of $16.88.

EZCORP Price Performance

The company has a 50-day moving average of $13.25 and a 200-day moving average of $12.27. The stock has a market cap of $817.49 million, a price-to-earnings ratio of 12.94 and a beta of 0.89. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.13 and a current ratio of 2.91.

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EZCORP (NASDAQ:EZPW - Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The credit services provider reported $0.42 EPS for the quarter, beating analysts' consensus estimates of $0.35 by $0.07. EZCORP had a net margin of 7.25% and a return on equity of 11.04%. As a group, equities research analysts predict that EZCORP, Inc. will post 1.3 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Silvercrest Asset Management Group LLC grew its holdings in shares of EZCORP by 18.4% in the 4th quarter. Silvercrest Asset Management Group LLC now owns 2,002,197 shares of the credit services provider's stock worth $24,467,000 after acquiring an additional 310,706 shares during the period. Divisadero Street Capital Management LP grew its holdings in EZCORP by 1,699.2% in the fourth quarter. Divisadero Street Capital Management LP now owns 1,246,445 shares of the credit services provider's stock valued at $15,232,000 after purchasing an additional 1,177,166 shares during the last quarter. Millennium Management LLC increased its position in shares of EZCORP by 23.9% in the fourth quarter. Millennium Management LLC now owns 1,195,784 shares of the credit services provider's stock valued at $14,612,000 after buying an additional 231,018 shares in the last quarter. State Street Corp raised its stake in shares of EZCORP by 0.3% during the 3rd quarter. State Street Corp now owns 1,084,777 shares of the credit services provider's stock worth $12,160,000 after buying an additional 2,809 shares during the last quarter. Finally, Two Sigma Advisers LP boosted its position in shares of EZCORP by 1.3% in the 4th quarter. Two Sigma Advisers LP now owns 1,022,570 shares of the credit services provider's stock worth $12,496,000 after buying an additional 12,800 shares in the last quarter. 99.83% of the stock is currently owned by institutional investors and hedge funds.

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.