EZCORP (NASDAQ:EZPW) Stock Rating Lowered by StockNews.com

StockNews.com lowered shares of EZCORP (NASDAQ:EZPW - Free Report) from a buy rating to a hold rating in a research report released on Tuesday morning.

Other equities research analysts have also recently issued reports about the stock. Canaccord Genuity Group lifted their price objective on shares of EZCORP from $19.00 to $22.00 and gave the company a "buy" rating in a research note on Friday, February 7th. Roth Capital set a $16.00 price target on shares of EZCORP in a research report on Monday, March 17th. Roth Mkm started coverage on shares of EZCORP in a report on Monday, March 17th. They issued a "buy" rating and a $16.00 price objective for the company. Finally, Stephens reissued an "equal weight" rating and set a $13.50 target price on shares of EZCORP in a report on Thursday, February 6th. Two analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $16.88.

EZCORP Stock Performance

NASDAQ EZPW traded up $0.17 on Tuesday, hitting $15.66. The stock had a trading volume of 1,043,798 shares, compared to its average volume of 596,349. The company's 50-day moving average is $14.14 and its two-hundred day moving average is $12.70. The stock has a market cap of $860.34 million, a price-to-earnings ratio of 13.62 and a beta of 0.81. The company has a quick ratio of 2.13, a current ratio of 2.91 and a debt-to-equity ratio of 0.27. EZCORP has a one year low of $9.66 and a one year high of $16.35.

EZCORP (NASDAQ:EZPW - Get Free Report) last issued its quarterly earnings data 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, analysts expect that EZCORP will post 1.3 earnings per share for the current year.

Hedge Funds Weigh In On EZCORP

Several large investors have recently made changes to their positions in EZPW. GAMMA Investing LLC lifted its stake in EZCORP by 97.0% during the fourth quarter. GAMMA Investing LLC now owns 3,156 shares of the credit services provider's stock valued at $39,000 after purchasing an additional 1,554 shares during the last quarter. KLP Kapitalforvaltning AS bought a new position in shares of EZCORP in the fourth quarter valued at $122,000. Sherbrooke Park Advisers LLC acquired a new stake in shares of EZCORP during the 4th quarter valued at $138,000. Teza Capital Management LLC boosted its stake in shares of EZCORP by 6.6% during the 4th quarter. Teza Capital Management LLC now owns 14,425 shares of the credit services provider's stock worth $176,000 after acquiring an additional 896 shares in the last quarter. Finally, LPL Financial LLC grew its holdings in shares of EZCORP by 39.3% in the 4th quarter. LPL Financial LLC now owns 14,430 shares of the credit services provider's stock worth $176,000 after acquiring an additional 4,070 shares during the last quarter. Institutional investors own 99.83% of the company's stock.

About EZCORP

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.