Analysts Set EZCORP, Inc. (NASDAQ:EZPW) PT at $18.25

Shares of EZCORP, Inc. (NASDAQ:EZPW) have earned an average recommendation of “Moderate Buy” from the five ratings firms that are covering the firm, MarketBeat reports. Two research analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $18.25.

EZPW has been the subject of a number of research analyst reports. Canaccord Genuity Group decreased their price objective on shares of EZCORP from $25.00 to $24.00 and set a “buy” rating for the company in a report on Tuesday, May 6th. Stephens reissued an “equal weight” rating and set a $17.00 target price on shares of EZCORP in a research report on Tuesday, May 20th. Wall Street Zen raised shares of EZCORP from a “buy” rating to a “strong-buy” rating in a research report on Saturday, June 14th. BTIG Research began coverage on shares of EZCORP in a research report on Wednesday, May 14th. They set a “neutral” rating on the stock. Finally, Roth Capital set a $16.00 target price on shares of EZCORP in a research report on Monday, March 17th.

Insider Activity

In other news, COO John Blair Jr. Powell sold 42,500 shares of EZCORP stock in a transaction that occurred on Thursday, May 8th. The shares were sold at an average price of $14.55, for a total value of $618,375.00. Following the transaction, the chief operating officer owned 189,483 shares of the company’s stock, valued at $2,756,977.65. The trade was a 18.32% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Over the last quarter, insiders have sold 86,000 shares of company stock valued at $1,220,010. 2.13% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of EZPW. GAMMA Investing LLC grew its position in shares of EZCORP by 60.4% in the 1st quarter. GAMMA Investing LLC now owns 5,062 shares of the credit services provider’s stock worth $75,000 after buying an additional 1,906 shares during the last quarter. National Bank of Canada FI acquired a new stake in EZCORP in the 1st quarter worth approximately $91,000. Quarry LP boosted its stake in EZCORP by 652.4% in the 1st quarter. Quarry LP now owns 7,637 shares of the credit services provider’s stock worth $112,000 after purchasing an additional 6,622 shares in the last quarter. KLP Kapitalforvaltning AS acquired a new stake in EZCORP in the 4th quarter worth approximately $122,000. Finally, Sherbrooke Park Advisers LLC acquired a new stake in EZCORP in the 4th quarter worth approximately $138,000. Hedge funds and other institutional investors own 99.83% of the company’s stock.

EZCORP Trading Up 1.2%

NASDAQ:EZPW opened at $14.04 on Thursday. EZCORP has a one year low of $9.66 and a one year high of $16.60. The firm has a market capitalization of $772.07 million, a P/E ratio of 11.79 and a beta of 0.52. The company has a debt-to-equity ratio of 0.61, a current ratio of 4.04 and a quick ratio of 3.25. The company’s 50-day simple moving average is $13.92 and its 200 day simple moving average is $13.72.

EZCORP (NASDAQ:EZPW) last announced its quarterly earnings data on Monday, April 28th. The credit services provider reported $0.34 earnings per share for the quarter, beating analysts’ consensus estimates of $0.32 by $0.02. EZCORP had a net margin of 7.45% and a return on equity of 11.53%. The company had revenue of $306.32 million during the quarter, compared to analyst estimates of $310.35 million. As a group, analysts forecast that EZCORP will post 1.3 EPS 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.