Royce & Associates LP Purchases 287,818 Shares of EZCORP, Inc. (NASDAQ:EZPW)

Royce & Associates LP raised its position in EZCORP, Inc. (NASDAQ:EZPW - Free Report) by 77.6% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 658,515 shares of the credit services provider's stock after purchasing an additional 287,818 shares during the period. Royce & Associates LP owned 1.21% of EZCORP worth $8,047,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of EZPW. Inspire Investing LLC bought a new position in EZCORP during the fourth quarter worth $865,000. Invenomic Capital Management LP acquired a new stake in EZCORP during the 3rd quarter worth about $2,122,000. Intech Investment Management LLC acquired a new position in shares of EZCORP in the 3rd quarter valued at about $662,000. Barclays PLC boosted its position in shares of EZCORP by 11.3% during the 3rd quarter. Barclays PLC now owns 92,166 shares of the credit services provider's stock valued at $1,033,000 after purchasing an additional 9,328 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of EZCORP during the 3rd quarter valued at about $918,000. 99.83% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on EZPW shares. Roth Mkm started coverage on EZCORP in a research note on Monday, March 17th. They issued a "buy" rating and a $16.00 price target on the stock. 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. Roth Capital set a $16.00 target price on shares of EZCORP in a research note on Monday, March 17th. Finally, Canaccord Genuity Group raised their price target on shares of EZCORP from $19.00 to $22.00 and gave the stock a "buy" rating in a report on Friday, February 7th. One research analyst has rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, EZCORP currently has a consensus rating of "Buy" and a consensus price target of $16.88.

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EZCORP Stock Up 2.7 %

Shares of NASDAQ:EZPW traded up $0.37 during trading on Friday, reaching $14.25. 1,522,526 shares of the stock were exchanged, compared to its average volume of 487,859. EZCORP, Inc. has a 1-year low of $9.66 and a 1-year high of $14.50. The stock has a fifty day moving average of $13.14 and a two-hundred day moving average of $12.22. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.91 and a quick ratio of 2.13. The firm has a market cap of $782.88 million, a price-to-earnings ratio of 12.39 and a beta of 0.89.

EZCORP (NASDAQ:EZPW - Get Free Report) last released 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%. Research analysts anticipate that EZCORP, Inc. will post 1.3 earnings per share for the current fiscal year.

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.