Brokerages expect that EZCORP Inc (NASDAQ:EZPW) will post sales of $209.81 million for the current quarter, according to Zacks. Two analysts have issued estimates for EZCORP’s earnings. The highest sales estimate is $210.02 million and the lowest is $209.59 million. EZCORP reported sales of $199.94 million during the same quarter last year, which would suggest a positive year-over-year growth rate of 4.9%. The company is expected to announce its next earnings results on Wednesday, August 7th.
On average, analysts expect that EZCORP will report full-year sales of $856.60 million for the current financial year, with estimates ranging from $854.98 million to $858.21 million. For the next year, analysts forecast that the business will report sales of $921.53 million, with estimates ranging from $903.07 million to $940.00 million. Zacks’ sales averages are a mean average based on a survey of research firms that follow EZCORP.
EZCORP (NASDAQ:EZPW) last announced its quarterly earnings results on Wednesday, May 8th. The credit services provider reported $0.22 earnings per share for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.01). The firm had revenue of $214.70 million during the quarter, compared to analyst estimates of $219.87 million. EZCORP had a net margin of 1.63% and a return on equity of 6.27%. The business’s revenue was up 5.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.21 earnings per share.
A number of brokerages recently weighed in on EZPW. Zacks Investment Research downgraded shares of EZCORP from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 30th. BidaskClub upgraded shares of EZCORP from a “hold” rating to a “buy” rating in a research report on Friday, April 19th. ValuEngine upgraded shares of EZCORP from a “sell” rating to a “hold” rating in a report on Tuesday, April 16th. Finally, B. Riley started coverage on shares of EZCORP in a report on Friday, April 12th. They set a “buy” rating and a $14.00 target price on the stock. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and two have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $12.50.
A number of hedge funds have recently made changes to their positions in the business. Texas Permanent School Fund raised its holdings in EZCORP by 4.2% during the 4th quarter. Texas Permanent School Fund now owns 33,776 shares of the credit services provider’s stock worth $261,000 after buying an additional 1,376 shares during the period. Van Hulzen Asset Management LLC raised its holdings in shares of EZCORP by 6.0% in the first quarter. Van Hulzen Asset Management LLC now owns 25,446 shares of the credit services provider’s stock valued at $237,000 after purchasing an additional 1,431 shares during the last quarter. Arizona State Retirement System raised its holdings in shares of EZCORP by 1.8% in the first quarter. Arizona State Retirement System now owns 80,950 shares of the credit services provider’s stock valued at $754,000 after purchasing an additional 1,463 shares during the last quarter. Victory Capital Management Inc. raised its holdings in shares of EZCORP by 1.0% in the fourth quarter. Victory Capital Management Inc. now owns 152,300 shares of the credit services provider’s stock valued at $1,177,000 after purchasing an additional 1,500 shares during the last quarter. Finally, First Trust Advisors LP raised its holdings in shares of EZCORP by 2.1% in the first quarter. First Trust Advisors LP now owns 95,656 shares of the credit services provider’s stock valued at $892,000 after purchasing an additional 1,936 shares during the last quarter. Hedge funds and other institutional investors own 99.31% of the company’s stock.
Shares of NASDAQ:EZPW traded up $0.23 during mid-day trading on Friday, reaching $9.25. The stock had a trading volume of 935,061 shares, compared to its average volume of 461,425. The company has a market capitalization of $486.81 million, a price-to-earnings ratio of 11.71 and a beta of 1.78. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.93 and a quick ratio of 2.28. EZCORP has a twelve month low of $7.45 and a twelve month high of $13.45.
EZCORP, Inc provides pawn loans. It operates through three segments: U.S. Pawn, Latin America Pawn, and Other International. The company offers pawn loans, which are non-recourse loans collateralized by tangible personal property, including jewelry, consumer electronics, power tools, sporting goods, and musical instruments; and sells merchandise, such as collateral forfeited from pawn lending operations and used merchandise purchased from customers.
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