Encore Capital Group (ECPG) to Release Earnings on Wednesday

Encore Capital Group (NASDAQ:ECPG - Get Free Report) is projected to issue its Q1 2025 quarterly earnings data after the market closes on Wednesday, May 7th. Analysts expect Encore Capital Group to post earnings of $1.24 per share and revenue of $374.49 million for the quarter.

Encore Capital Group (NASDAQ:ECPG - Get Free Report) last announced its quarterly earnings results on Wednesday, February 26th. The asset manager reported $1.50 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.55 by ($0.05). Encore Capital Group had a positive return on equity of 12.70% and a negative net margin of 13.91%. The company had revenue of $265.62 million for the quarter, compared to the consensus estimate of $373.40 million. On average, analysts expect Encore Capital Group to post $5 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Encore Capital Group Stock Up 1.4 %

Shares of NASDAQ ECPG traded up $0.49 during trading on Monday, hitting $36.14. The stock had a trading volume of 49,509 shares, compared to its average volume of 189,707. The firm has a fifty day moving average of $33.62 and a two-hundred day moving average of $43.25. The company has a market capitalization of $847.46 million, a PE ratio of -4.60 and a beta of 1.65. The company has a debt-to-equity ratio of 3.39, a current ratio of 1.11 and a quick ratio of 1.11. Encore Capital Group has a 12 month low of $26.45 and a 12 month high of $51.77.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. StockNews.com raised Encore Capital Group from a "sell" rating to a "hold" rating in a report on Thursday. Truist Financial lowered their price objective on shares of Encore Capital Group from $64.00 to $57.00 and set a "buy" rating on the stock in a research report on Thursday, February 27th. One equities research analyst has rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Encore Capital Group has an average rating of "Buy" and an average price target of $62.67.

Insider Transactions at Encore Capital Group

In related news, CEO Ashish Masih purchased 20,000 shares of the business's stock in a transaction dated Wednesday, March 5th. The stock was purchased at an average cost of $35.14 per share, with a total value of $702,800.00. Following the completion of the acquisition, the chief executive officer now directly owns 322,254 shares of the company's stock, valued at approximately $11,324,005.56. The trade was a 6.62 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Ashwini Gupta bought 40,000 shares of the business's stock in a transaction on Wednesday, March 5th. The stock was bought at an average price of $35.10 per share, with a total value of $1,404,000.00. Following the purchase, the director now owns 96,909 shares in the company, valued at $3,401,505.90. This trade represents a 70.29 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 2.63% of the company's stock.

About Encore Capital Group

Encore Capital Group, Inc, a specialty finance company, provides debt recovery solutions and other related services for consumers across financial assets worldwide. The company purchases portfolios of defaulted consumer receivables at deep discounts to face value, as well as manages them by working with individuals as they repay their obligations and works toward financial recovery.