World Acceptance (NASDAQ:WRLD - Get Free Report) issued its quarterly earnings results on Tuesday. The credit services provider reported $8.13 earnings per share for the quarter, beating analysts' consensus estimates of $6.42 by $1.71, Zacks reports. The business had revenue of $165.27 million during the quarter, compared to the consensus estimate of $154.52 million. World Acceptance had a return on equity of 19.03% and a net margin of 14.41%.
World Acceptance Stock Performance
Shares of World Acceptance stock traded up $0.55 on Friday, reaching $131.90. 999 shares of the company were exchanged, compared to its average volume of 29,324. The firm has a market cap of $758.00 million, a price-to-earnings ratio of 9.21 and a beta of 1.35. World Acceptance has a 1-year low of $101.85 and a 1-year high of $161.63. The company has a debt-to-equity ratio of 1.31, a quick ratio of 22.46 and a current ratio of 22.46. The company's 50-day moving average is $126.06 and its two-hundred day moving average is $124.39.
Insider Activity at World Acceptance
In other World Acceptance news, insider Luke J. Umstetter sold 488 shares of the company's stock in a transaction dated Thursday, February 13th. The shares were sold at an average price of $150.19, for a total value of $73,292.72. Following the completion of the transaction, the insider now owns 14,760 shares in the company, valued at approximately $2,216,804.40. This represents a 3.20 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Scott Mcintyre sold 2,000 shares of the firm's stock in a transaction that occurred on Friday, February 14th. The shares were sold at an average price of $150.22, for a total transaction of $300,440.00. Following the completion of the sale, the senior vice president now owns 7,183 shares in the company, valued at $1,079,030.26. The trade was a 21.78 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 2,988 shares of company stock worth $445,523 in the last 90 days. 43.20% of the stock is currently owned by company insiders.
Analyst Ratings Changes
Separately, StockNews.com cut shares of World Acceptance from a "strong-buy" rating to a "buy" rating in a report on Monday, April 14th.
Check Out Our Latest Research Report on World Acceptance
World Acceptance Company Profile
(
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World Acceptance Corporation engages in consumer finance business in the United States. The company provides short-term small installment loans, medium-term larger installment loans, related credit insurance, and ancillary products and services to individuals. It offers income tax return preparation and filing services; and automobile club memberships.
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