EZCORP (NASDAQ:EZPW) Rating Lowered to Hold at StockNews.com

StockNews.com downgraded shares of EZCORP (NASDAQ:EZPW - Free Report) from a buy rating to a hold rating in a report released on Saturday.

A number of other research analysts also recently issued reports on EZPW. Roth Capital set a $16.00 price objective on EZCORP in a research note on Monday, March 17th. Roth Mkm initiated coverage on EZCORP in a report on Monday, March 17th. They issued a "buy" rating and a $16.00 target price for the company. Canaccord Genuity Group increased their price target on EZCORP from $19.00 to $22.00 and gave the stock a "buy" rating in a report on Friday, February 7th. Finally, Stephens reiterated an "equal weight" rating and issued a $13.50 price objective on shares of EZCORP in a research note on Thursday, February 6th. Two investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $16.88.

EZCORP Trading Up 4.2 %

NASDAQ:EZPW traded up $0.62 on Friday, reaching $15.34. 2,910,653 shares of the stock traded hands, compared to its average volume of 535,915. The company has a current ratio of 2.91, a quick ratio of 2.13 and a debt-to-equity ratio of 0.27. EZCORP has a 1-year low of $9.66 and a 1-year high of $16.26. The company's 50 day moving average is $13.46 and its 200-day moving average is $12.37. The firm has a market capitalization of $842.54 million, a price-to-earnings ratio of 13.38 and a beta of 0.89.

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EZCORP (NASDAQ:EZPW - Get Free Report) last posted its quarterly earnings data on Wednesday, February 5th. The credit services provider reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.07. EZCORP had a net margin of 7.25% and a return on equity of 11.04%. Equities research analysts anticipate that EZCORP will post 1.3 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. GAMMA Investing LLC raised its position in shares of EZCORP by 97.0% during the fourth quarter. GAMMA Investing LLC now owns 3,156 shares of the credit services provider's stock worth $39,000 after purchasing an additional 1,554 shares during the period. KLP Kapitalforvaltning AS acquired a new position in EZCORP during the fourth quarter worth $122,000. Sherbrooke Park Advisers LLC acquired a new position in EZCORP during the fourth quarter worth $138,000. LPL Financial LLC lifted its stake in shares of EZCORP by 39.3% in the fourth quarter. LPL Financial LLC now owns 14,430 shares of the credit services provider's stock valued at $176,000 after buying an additional 4,070 shares in the last quarter. Finally, Teza Capital Management LLC grew its holdings in shares of EZCORP by 6.6% during the fourth quarter. Teza Capital Management LLC now owns 14,425 shares of the credit services provider's stock valued at $176,000 after buying an additional 896 shares during the last quarter. Institutional investors own 99.83% of the company's stock.

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.