EZCORP (NASDAQ:EZPW) Stock Rating Upgraded by Roth Capital

EZCORP (NASDAQ:EZPW) was upgraded by equities research analysts at Roth Capital to a “strong-buy” rating in a note issued to investors on Monday,Zacks.com reports.

Several other research firms also recently issued reports on EZPW. Canaccord Genuity Group upped their target price on EZCORP from $19.00 to $22.00 and gave the company a “buy” rating in a research report on Friday, February 7th. Stephens reissued an “equal weight” rating and issued a $13.50 target price on shares of EZCORP in a research report on Thursday, February 6th. Finally, Roth Mkm assumed coverage on EZCORP in a research report on Monday. They issued a “buy” rating and a $16.00 target price on the stock. One analyst has rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $16.88.

EZCORP Stock Performance

Shares of NASDAQ:EZPW opened at $13.95 on Monday. The company has a market capitalization of $766.40 million, a price-to-earnings ratio of 12.13 and a beta of 0.89. EZCORP has a 52 week low of $9.66 and a 52 week high of $14.50. The company has a quick ratio of 2.13, a current ratio of 2.91 and a debt-to-equity ratio of 0.27. The firm has a 50 day moving average of $13.00 and a 200 day moving average of $12.18.

EZCORP (NASDAQ:EZPW) last issued its quarterly earnings results on Wednesday, February 5th. The credit services provider reported $0.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.35 by $0.07. EZCORP had a return on equity of 11.04% and a net margin of 7.25%. On average, sell-side analysts predict that EZCORP will post 1.3 earnings per share for the current fiscal year.

Institutional Trading of EZCORP

Hedge funds and other institutional investors have recently made changes to their positions in the company. GAMMA Investing LLC boosted its position in shares of EZCORP by 97.0% during the 4th 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 purchased a new position in shares of EZCORP during the 4th quarter worth approximately $122,000. Sherbrooke Park Advisers LLC purchased a new position in shares of EZCORP during the 4th quarter worth approximately $138,000. Los Angeles Capital Management LLC purchased a new position in shares of EZCORP during the 3rd quarter worth approximately $150,000. Finally, LPL Financial LLC boosted its position in shares of EZCORP by 39.3% during the 4th quarter. LPL Financial LLC now owns 14,430 shares of the credit services provider’s stock worth $176,000 after purchasing an additional 4,070 shares during the period. Institutional investors and hedge funds 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.