EZCORP (NASDAQ:EZPW) Shares Down 6.2%

EZCORP, Inc. (NASDAQ:EZPW - Get Free Report) shares dropped 6.2% on Thursday . The company traded as low as $9.80 and last traded at $10.35. Approximately 454,981 shares were traded during mid-day trading, a decline of 16% from the average daily volume of 543,162 shares. The stock had previously closed at $11.03.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. StockNews.com lowered shares of EZCORP from a "strong-buy" rating to a "buy" rating in a report on Friday, March 29th. TheStreet raised EZCORP from a "c+" rating to a "b-" rating in a research note on Thursday, February 15th. Finally, Canaccord Genuity Group boosted their target price on EZCORP from $17.00 to $18.00 and gave the company a "buy" rating in a research note on Tuesday, April 16th.

EZCORP Trading Down 4.4 %

The firm's 50 day moving average is $10.82 and its 200 day moving average is $9.50. The company has a debt-to-equity ratio of 0.42, a current ratio of 4.00 and a quick ratio of 3.08. The company has a market capitalization of $581.28 million, a PE ratio of 16.73 and a beta of 1.13.

EZCORP (NASDAQ:EZPW - Get Free Report) last announced its quarterly earnings results on Wednesday, May 1st. The credit services provider reported $0.28 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.24 by $0.04. The business had revenue of $285.64 million for the quarter, compared to analyst estimates of $287.59 million. EZCORP had a net margin of 4.62% and a return on equity of 10.37%. During the same quarter last year, the firm earned $0.23 EPS. As a group, equities analysts predict that EZCORP, Inc. will post 1.05 EPS for the current year.

Insider Transactions at EZCORP

In other EZCORP news, CRO Nicole Swies sold 2,250 shares of the business's stock in a transaction on Monday, April 1st. The shares were sold at an average price of $11.38, for a total transaction of $25,605.00. Following the transaction, the executive now directly owns 71,458 shares of the company's stock, valued at approximately $813,192.04. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 2.13% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Jacobs Levy Equity Management Inc. lifted its position in EZCORP by 25.6% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 710,295 shares of the credit services provider's stock valued at $5,860,000 after acquiring an additional 144,641 shares during the period. Hsbc Holdings PLC lifted its holdings in shares of EZCORP by 149.0% during the third quarter. Hsbc Holdings PLC now owns 56,325 shares of the credit services provider's stock valued at $462,000 after purchasing an additional 33,701 shares during the last quarter. Barclays PLC boosted its position in shares of EZCORP by 40.7% in the 3rd quarter. Barclays PLC now owns 100,413 shares of the credit services provider's stock worth $829,000 after purchasing an additional 29,050 shares in the last quarter. DekaBank Deutsche Girozentrale purchased a new stake in shares of EZCORP in the 3rd quarter worth approximately $90,000. Finally, Assenagon Asset Management S.A. increased its position in EZCORP by 28.0% during the 3rd quarter. Assenagon Asset Management S.A. now owns 664,019 shares of the credit services provider's stock valued at $5,478,000 after buying an additional 145,068 shares in the last quarter. Institutional investors own 99.83% of the company's stock.

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.