Roth Mkm Begins Coverage on EZCORP (NASDAQ:EZPW)

Investment analysts at Roth Mkm began coverage on shares of EZCORP (NASDAQ:EZPW - Get Free Report) in a note issued to investors on Monday, MarketBeat reports. The brokerage set a "buy" rating and a $16.00 price target on the credit services provider's stock. Roth Mkm's price target indicates a potential upside of 12.28% from the company's previous close.

EZPW has been the topic of a number of other research reports. Stephens reissued an "equal weight" rating and issued a $13.50 target price on shares of EZCORP in a research note on Thursday, February 6th. Canaccord Genuity Group boosted their price target on EZCORP from $19.00 to $22.00 and gave the company a "buy" rating in a report on Friday, February 7th. One analyst has rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus price target of $16.88.

EZCORP Price Performance

Shares of EZPW traded up $0.37 during mid-day trading on Monday, reaching $14.25. 1,522,526 shares of the stock traded hands, compared to its average volume of 487,797. The company has a market cap of $782.88 million, a price-to-earnings ratio of 12.39 and a beta of 0.89. EZCORP has a 1 year low of $9.66 and a 1 year high of $14.50. The firm has a fifty day moving average price of $13.09 and a 200 day moving average price of $12.20. The company has a current ratio of 2.91, a quick ratio of 2.13 and a debt-to-equity ratio of 0.27.

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

Institutional Trading of EZCORP

Hedge funds have recently modified their holdings of the business. GAMMA Investing LLC increased its position in EZCORP by 97.0% during the 4th quarter. GAMMA Investing LLC now owns 3,156 shares of the credit services provider's stock valued at $39,000 after buying an additional 1,554 shares in the last quarter. KLP Kapitalforvaltning AS purchased a new position in shares of EZCORP in the 4th quarter worth $122,000. Sherbrooke Park Advisers LLC purchased a new position in EZCORP in the fourth quarter worth about $138,000. Los Angeles Capital Management LLC bought a new stake in EZCORP during the third quarter valued at approximately $150,000. Finally, LPL Financial LLC raised 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 worth $176,000 after buying an additional 4,070 shares during the period. Institutional investors own 99.83% of the company's stock.

About EZCORP

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.