Encore Capital Group (ECPG) to Release Earnings on Wednesday

Encore Capital Group (NASDAQ:ECPG - Get Free Report) is expected to announce its Q1 2025 earnings results 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 released its earnings results on Wednesday, February 26th. The asset manager reported $1.50 EPS for the quarter, missing analysts' consensus estimates of $1.55 by ($0.05). Encore Capital Group had a negative net margin of 13.91% and a positive return on equity of 12.70%. The business had revenue of $265.62 million during the quarter, compared to analyst estimates 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 Price Performance

Shares of NASDAQ:ECPG traded up $1.23 on Friday, reaching $35.65. 228,316 shares of the company were exchanged, compared to its average volume of 190,159. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 3.39. Encore Capital Group has a 1-year low of $26.45 and a 1-year high of $51.77. The company has a 50-day moving average of $33.62 and a 200-day moving average of $43.30. The firm has a market cap of $835.92 million, a price-to-earnings ratio of -4.54 and a beta of 1.65.

Insiders Place Their Bets

In other news, Director Ashwini Gupta acquired 40,000 shares of the business's stock in a transaction on Wednesday, March 5th. The shares were purchased at an average price of $35.10 per share, for a total transaction of $1,404,000.00. Following the completion of the purchase, the director now directly owns 96,909 shares of the company's stock, valued at $3,401,505.90. This represents a 70.29 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Ashish Masih bought 20,000 shares of Encore Capital Group stock in a transaction on Wednesday, March 5th. The shares were purchased at an average cost of $35.14 per share, for a total transaction of $702,800.00. Following the acquisition, the chief executive officer now owns 322,254 shares in the company, valued at $11,324,005.56. The trade was a 6.62 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 2.63% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. StockNews.com upgraded Encore Capital Group from a "sell" rating to a "hold" rating in a report on Thursday. Truist Financial dropped their price objective on Encore Capital Group from $64.00 to $57.00 and set a "buy" rating for the company in a research report on Thursday, February 27th. One analyst has rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, Encore Capital Group has a consensus rating of "Buy" and a consensus target price of $62.67.

Encore Capital Group Company Profile

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.