EZCORP (NASDAQ:EZPW - Get Free Report) announced its earnings results on Wednesday. The credit services provider reported $0.42 earnings per share for the quarter, beating analysts' consensus estimates of $0.35 by $0.07, Zacks reports. EZCORP had a net margin of 7.25% and a return on equity of 11.04%.
EZCORP Trading Up 8.7 %
Shares of EZCORP stock traded up $1.07 during midday trading on Friday, reaching $13.43. 1,771,810 shares of the company's stock traded hands, compared to its average volume of 529,937. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.99 and a current ratio of 2.91. The stock has a 50 day moving average of $12.21 and a 200-day moving average of $11.73. The company has a market cap of $731.53 million, a PE ratio of 11.68 and a beta of 1.01. EZCORP has a 12 month low of $9.65 and a 12 month high of $13.56.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently commented on the stock. Stephens reissued an "equal weight" rating and issued a $13.50 price target on shares of EZCORP in a report on Thursday. Canaccord Genuity Group boosted their target price on EZCORP from $19.00 to $22.00 and gave the company a "buy" rating in a research note on Friday.
Check Out Our Latest Stock Analysis on EZPW
Insiders Place Their Bets
In other news, CRO Nicole Swies sold 10,000 shares of the firm's stock in a transaction that occurred on Thursday, December 5th. The stock was sold at an average price of $12.47, for a total value of $124,700.00. Following the completion of the transaction, the executive now owns 101,813 shares in the company, valued at $1,269,608.11. This trade represents a 8.94 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Sunil Sajnani sold 34,493 shares of the company's stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $12.42, for a total value of $428,403.06. Following the completion of the sale, the insider now directly owns 66,242 shares in the company, valued at approximately $822,725.64. The trade was a 34.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 2.13% of the company's stock.
About EZCORP
(
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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.
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