World Acceptance (NASDAQ:WRLD - Get Free Report) announced its quarterly earnings results on Tuesday. The credit services provider reported $8.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.42 by $1.71, Zacks reports. The company had revenue of $165.27 million for the quarter, compared to analyst estimates of $154.52 million. World Acceptance had a net margin of 14.41% and a return on equity of 19.03%.
World Acceptance Trading Up 1.3 %
Shares of WRLD stock traded up $1.67 during mid-day trading on Friday, reaching $133.02. 19,069 shares of the stock traded hands, compared to its average volume of 29,286. The company has a market cap of $764.47 million, a price-to-earnings ratio of 9.29 and a beta of 1.35. The company has a quick ratio of 22.46, a current ratio of 22.46 and a debt-to-equity ratio of 1.31. The stock's fifty day simple moving average is $126.02 and its two-hundred day simple moving average is $124.55. World Acceptance has a 1-year low of $101.85 and a 1-year high of $161.63.
Insider Activity
In related news, SVP Jason E. Childers sold 500 shares of the stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $143.58, for a total value of $71,790.00. Following the completion of the sale, the senior vice president now directly owns 8,039 shares in the company, valued at $1,154,239.62. This represents a 5.86 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Scott Mcintyre sold 2,000 shares of the firm's stock in a transaction on Friday, February 14th. The stock was sold at an average price of $150.22, for a total value of $300,440.00. Following the transaction, the senior vice president now directly owns 7,183 shares of the company's stock, valued at approximately $1,079,030.26. This represents a 21.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 2,988 shares of company stock valued at $445,523 over the last quarter. 43.20% of the stock is owned by company insiders.
Analyst Ratings Changes
Separately, StockNews.com raised shares of World Acceptance from a "buy" rating to a "strong-buy" rating in a research note on Friday.
Check Out Our Latest Report on World Acceptance
World Acceptance Company Profile
(
Get Free Report)
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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