Caption Management LLC Acquires Shares of 39,119 EZCORP, Inc. $EZPW

Key Points

• Caption Management LLC has acquired a new position in EZCORP, purchasing 39,119 shares valued at approximately $576,000, representing about 0.07% of the company.
• Other notable institutional investors, including Divisadero Street Capital Management LP and Boston Partners, have significantly increased their holdings in EZCORP, demonstrating strong institutional interest in the stock.
• EZCORP recently reported an earnings per share of $0.33 for the last quarter, surpassing analysts' expectations and indicating a healthy financial performance.

Caption Management LLC bought a new stake in shares of EZCORP, Inc. (NASDAQ:EZPW - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 39,119 shares of the credit services provider's stock, valued at approximately $576,000. Caption Management LLC owned 0.07% of EZCORP at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. GAMMA Investing LLC raised its stake in EZCORP by 60.4% in the first quarter. GAMMA Investing LLC now owns 5,062 shares of the credit services provider's stock worth $75,000 after buying an additional 1,906 shares in the last quarter. National Bank of Canada FI purchased a new stake in shares of EZCORP during the 1st quarter worth about $91,000. Quarry LP boosted its stake 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 worth $112,000 after acquiring an additional 6,622 shares in the last quarter. Entropy Technologies LP acquired a new position in shares of EZCORP during the 1st quarter worth about $149,000. Finally, Virtu Financial LLC acquired a new position in shares of EZCORP during the 1st quarter worth about $161,000. Institutional investors own 99.83% of the company's stock.

EZCORP Stock Up 0.1%

Shares of EZCORP stock traded up $0.01 during trading on Wednesday, hitting $16.66. 607,018 shares of the stock were exchanged, compared to its average volume of 612,767. The stock has a market cap of $1.01 billion, a price-to-earnings ratio of 13.02 and a beta of 0.63. The firm's 50-day moving average price is $14.79 and its 200 day moving average price is $14.47. EZCORP, Inc. has a 12-month low of $10.56 and a 12-month high of $16.87. The company has a debt-to-equity ratio of 0.52, a current ratio of 6.31 and a quick ratio of 5.00.

EZCORP (NASDAQ:EZPW - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The credit services provider reported $0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.10. EZCORP had a net margin of 7.96% and a return on equity of 11.85%. The business had revenue of $310.98 million during the quarter, compared to analysts' expectations of $302.25 million. As a group, analysts forecast that EZCORP, Inc. will post 1.3 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have commented on EZPW shares. Wall Street Zen upgraded shares of EZCORP from a "buy" rating to a "strong-buy" rating in a report on Saturday, June 14th. Stephens restated an "equal weight" rating and set a $17.00 price target on shares of EZCORP in a report on Tuesday, May 20th. BTIG Research began coverage on EZCORP in a report on Wednesday, May 14th. They issued a "neutral" rating on the stock. Finally, Canaccord Genuity Group reiterated a "buy" rating and issued a $25.00 price objective on shares of EZCORP in a research report on Friday, August 1st. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $18.50.

Insiders Place Their Bets

In other EZCORP news, COO John Blair Jr. Powell sold 3,500 shares of EZCORP stock in a transaction on Tuesday, June 10th. The shares were sold at an average price of $13.81, for a total value of $48,335.00. Following the transaction, the chief operating officer directly owned 145,983 shares in the company, valued at approximately $2,016,025.23. The trade was a 2.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 2.13% of the stock is currently owned by company insiders.

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.