EZCORP (NASDAQ:EZPW) Releases Earnings Results, Beats Estimates By $0.04 EPS

EZCORP (NASDAQ:EZPW) announced its quarterly earnings data on Wednesday. The credit services provider reported $0.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.24 by $0.04, Zacks reports. EZCORP had a return on equity of 10.37% and a net margin of 4.62%. The firm had revenue of $285.64 million for the quarter, compared to analysts’ expectations of $287.59 million. During the same period last year, the firm earned $0.23 earnings per share.

EZCORP Trading Down 6.4 %

Shares of EZCORP stock traded down $0.71 during trading on Thursday, reaching $10.32. 681,758 shares of the stock were exchanged, compared to its average volume of 546,290. The company has a quick ratio of 3.08, a current ratio of 4.00 and a debt-to-equity ratio of 0.42. The stock’s fifty day moving average is $10.82 and its 200 day moving average is $9.49. The firm has a market cap of $569.15 million, a price-to-earnings ratio of 16.57 and a beta of 1.13. EZCORP has a 1 year low of $7.70 and a 1 year high of $11.52.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the company. Canaccord Genuity Group raised their price objective on EZCORP from $17.00 to $18.00 and gave the company a “buy” rating in a research note on Tuesday, April 16th. TheStreet raised EZCORP from a “c+” rating to a “b-” rating in a research note on Thursday, February 15th. Finally, StockNews.com cut EZCORP from a “strong-buy” rating to a “buy” rating in a research note on Friday, March 29th.

Insider Transactions at EZCORP

In other EZCORP news, CRO Nicole Swies sold 2,250 shares of the firm’s stock in a transaction dated Monday, April 1st. The shares were sold at an average price of $11.38, for a total value of $25,605.00. Following the completion of the sale, the executive now directly owns 71,458 shares in the company, valued at $813,192.04. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 2.13% of the stock is currently owned by company insiders.

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.