EZCORP (NASDAQ:EZPW) Receives Equal Weight Rating from Stephens

EZCORP (NASDAQ:EZPW - Get Free Report)'s stock had its "equal weight" rating restated by Stephens in a research note issued on Tuesday,Benzinga reports. They currently have a $17.00 price objective on the credit services provider's stock. Stephens' price objective points to a potential upside of 22.30% from the company's previous close.

Other equities research analysts have also issued reports about the company. BTIG Research began coverage on EZCORP in a research report on Wednesday, May 14th. They issued a "neutral" rating for the company. Canaccord Genuity Group dropped their price target on shares of EZCORP from $25.00 to $24.00 and set a "buy" rating on the stock in a research report on Tuesday, May 6th. StockNews.com raised shares of EZCORP from a "hold" rating to a "buy" rating in a research report on Wednesday, April 30th. Roth Mkm began coverage on shares of EZCORP in a research note on Monday, March 17th. They issued a "buy" rating and a $16.00 price objective for the company. Finally, Roth Capital set a $16.00 target price on EZCORP in a research note on Monday, March 17th. Two research analysts have 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, EZCORP currently has a consensus rating of "Moderate Buy" and an average target price of $18.25.

EZCORP Stock Down 0.4%

EZCORP stock opened at $13.90 on Tuesday. The firm has a market capitalization of $764.69 million, a price-to-earnings ratio of 12.09 and a beta of 0.59. The firm's fifty day moving average price is $15.07 and its two-hundred day moving average price is $13.42. EZCORP has a 1-year low of $9.66 and a 1-year high of $16.60. The company has a current ratio of 2.91, a quick ratio of 2.13 and a debt-to-equity ratio of 0.27.

EZCORP (NASDAQ:EZPW - Get Free Report) last announced its quarterly earnings results on Monday, April 28th. The credit services provider reported $0.34 earnings per share 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 analysts' expectations of $310.35 million. EZCORP had a net margin of 7.25% and a return on equity of 11.04%. On average, equities research analysts predict that EZCORP will post 1.3 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in EZPW. GAMMA Investing LLC raised its holdings in shares of EZCORP by 60.4% in the 1st quarter. GAMMA Investing LLC now owns 5,062 shares of the credit services provider's stock worth $75,000 after purchasing an additional 1,906 shares during the period. National Bank of Canada FI purchased a new position in shares of EZCORP during the 1st quarter valued at $91,000. Quarry LP lifted its position in shares of EZCORP by 652.4% during the 1st quarter. Quarry LP now owns 7,637 shares of the credit services provider's stock valued at $112,000 after buying an additional 6,622 shares during the last quarter. KLP Kapitalforvaltning AS purchased a new stake in EZCORP in the 4th quarter worth about $122,000. Finally, Sherbrooke Park Advisers LLC purchased a new stake in EZCORP in the 4th quarter worth about $138,000. 99.83% of the stock is currently 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.

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