Encore Capital Group (NASDAQ:ECPG) Sets New 1-Year High - What's Next?

Key Points

• Encore Capital Group shares hit a new 52-week high of $105.74, closing recently at $100.85. The stock has risen above its 50-day and 200-day moving averages.
• Analysts maintain a generally positive outlook, with five Buy ratings and one Hold rating producing a “Moderate Buy” consensus and an average price target of $103.25; individual targets range as high as $124.
• The company exceeded quarterly expectations, reporting $2.81 in earnings per share versus a $2.67 estimate and $491.87 million in revenue. Revenue increased 11.3% year over year, while fiscal 2026 guidance calls for EPS of $13.00–$14.00.

Encore Capital Group Inc (NASDAQ:ECPG - Get Free Report) reached a new 52-week high during mid-day trading on Tuesday. The company traded as high as $105.74 and last traded at $105.60, with a volume of 211,777 shares traded. The stock had previously closed at $100.85.

Wall Street Analysts Forecast Growth

ECPG has been the subject of several analyst reports. Zacks Research downgraded Encore Capital Group from a "strong-buy" rating to a "hold" rating in a research note on Monday, October 5th. Citigroup reissued a "market outperform" rating on shares of Encore Capital Group in a research note on Tuesday, August 11th. Northland Securities set a $124.00 target price on Encore Capital Group in a research report on Tuesday. Truist Financial boosted their price objective on shares of Encore Capital Group from $105.00 to $112.00 and gave the stock a "buy" rating in a report on Thursday, August 6th. Finally, Citizens Jmp upped their price objective on shares of Encore Capital Group from $108.00 to $115.00 and gave the company a "market outperform" rating in a research note on Wednesday, June 17th. Five investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $103.25.

Encore Capital Group Stock Performance

The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 3.87. The business has a 50 day simple moving average of $98.41 and a two-hundred day simple moving average of $88.57. The firm has a market cap of $2.24 billion, a PE ratio of 7.99 and a beta of 1.30.

Encore Capital Group (NASDAQ:ECPG - Get Free Report) last released its earnings results on Wednesday, August 5th. The asset manager reported $2.81 earnings per share for the quarter, topping the consensus estimate of $2.67 by $0.14. The business had revenue of $491.87 million during the quarter, compared to the consensus estimate of $455.10 million. Encore Capital Group had a return on equity of 29.83% and a net margin of 15.86%. The business's revenue for the quarter was up 11.3% compared to the same quarter last year. During the same period last year, the company earned $2.49 earnings per share. Encore Capital Group has set its FY 2026 guidance at 13.000-14.000 EPS. As a group, equities research analysts forecast that Encore Capital Group Inc will post 13.52 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Encore Capital Group

Institutional investors and hedge funds have recently made changes to their positions in the business. Farther Finance Advisors LLC grew its position in shares of Encore Capital Group by 40.4% in the third quarter. Farther Finance Advisors LLC now owns 386 shares of the asset manager's stock valued at $36,000 after purchasing an additional 111 shares during the last quarter. USA Financial Formulas acquired a new position in shares of Encore Capital Group during the 1st quarter valued at $46,000. Public Employees Retirement System of Ohio purchased a new stake in shares of Encore Capital Group during the second quarter valued at approximately $89,000. GAMMA Investing LLC boosted its holdings in Encore Capital Group by 26.8% in the third quarter. GAMMA Investing LLC now owns 1,339 shares of the asset manager's stock valued at $126,000 after purchasing an additional 283 shares during the last quarter. Finally, Allworth Financial LP acquired a new stake in Encore Capital Group in the second quarter valued at $136,000.

About Encore Capital Group

Encore Capital Group, Inc is a global specialty finance company that purchases portfolios of charged-off consumer receivables and works with individuals to resolve their outstanding obligations. The company manages these accounts through a range of repayment solutions, including flexible payment arrangements and other servicing programs designed to help consumers address unpaid debts.

Encore operates primarily through Midland Credit Management in the United States and Cabot Credit Management in Europe and other international markets.

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