Stephens Reiterates Equal Weight Rating for EZCORP (NASDAQ:EZPW)

Stephens reissued their equal weight rating on shares of EZCORP (NASDAQ:EZPW - Free Report) in a research note issued to investors on Tuesday,Benzinga reports. The brokerage currently has a $17.00 price target on the credit services provider's stock.

Other research analysts also recently issued reports about the company. Canaccord Genuity Group lowered their price objective on EZCORP from $25.00 to $24.00 and set a "buy" rating for the company in a research note on Tuesday, May 6th. Wall Street Zen raised EZCORP from a "hold" rating to a "buy" rating in a research note on Wednesday, April 30th. Roth Mkm initiated coverage on EZCORP in a research report on Monday, March 17th. They issued a "buy" rating and a $16.00 price target for the company. Roth Capital set a $16.00 price target on EZCORP in a research report on Monday, March 17th. Finally, BTIG Research began coverage on EZCORP in a research note on Wednesday, May 14th. They issued a "neutral" rating for the company. Two investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, EZCORP has a consensus rating of "Moderate Buy" and an average price target of $18.25.

EZCORP Stock Up 2.0%

Shares of EZPW traded up $0.26 during trading on Tuesday, reaching $13.40. The company's stock had a trading volume of 841,917 shares, compared to its average volume of 729,769. 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 company has a market cap of $737.19 million, a price-to-earnings ratio of 11.65 and a beta of 0.59. EZCORP has a twelve month low of $9.66 and a twelve month high of $16.60. The company has a fifty day moving average of $15.05 and a two-hundred day moving average of $13.46.

EZCORP (NASDAQ:EZPW - Get Free Report) last posted its quarterly earnings results on Monday, April 28th. The credit services provider reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.02. The business had revenue of $306.32 million for the quarter, compared to analyst estimates of $310.35 million. 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 EPS for the current fiscal year.

Institutional Investors Weigh In On EZCORP

Hedge funds and other institutional investors have recently made changes to their positions in the company. Inspire Investing LLC purchased a new stake in shares of EZCORP during the 4th quarter worth about $865,000. Raymond James Financial Inc. purchased a new stake in shares of EZCORP during the 4th quarter worth about $1,860,000. Y Intercept Hong Kong Ltd acquired a new position in shares of EZCORP during the 4th quarter valued at about $210,000. LPL Financial LLC increased its holdings 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 valued at $176,000 after acquiring an additional 4,070 shares during the last quarter. Finally, KLP Kapitalforvaltning AS acquired a new position in shares of EZCORP during the 4th quarter valued at about $122,000. 99.83% of the stock is owned by hedge funds and other institutional investors.

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.