EZCORP (NASDAQ:EZPW) Upgraded by Roth Capital to “Strong-Buy” Rating

Roth Capital upgraded shares of EZCORP (NASDAQ:EZPW) to a strong-buy rating in a report issued on Monday morning,Zacks.com reports.

Several other research firms also recently commented on EZPW. Canaccord Genuity Group lifted their price objective on EZCORP from $19.00 to $22.00 and gave the stock a “buy” rating in a report on Friday, February 7th. Roth Mkm assumed coverage on EZCORP in a research report on Monday. They set a “buy” rating and a $16.00 price objective on the stock. Finally, Stephens restated an “equal weight” rating and issued a $13.50 price objective on shares of EZCORP in a report on Thursday, February 6th. One research analyst has rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, EZCORP currently has a consensus rating of “Buy” and an average price target of $17.17.

EZCORP Trading Up 2.7 %

Shares of EZPW stock opened at $13.81 on Monday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.13 and a current ratio of 2.91. EZCORP has a 52-week low of $9.66 and a 52-week high of $14.50. The company has a market capitalization of $758.71 million, a PE ratio of 12.01 and a beta of 0.89. The business’s fifty day moving average is $12.97 and its 200 day moving average is $12.17.

EZCORP (NASDAQ:EZPW) last released its quarterly earnings results on Wednesday, February 5th. The credit services provider reported $0.42 earnings per share for the quarter, beating analysts’ consensus estimates of $0.35 by $0.07. EZCORP had a return on equity of 11.04% and a net margin of 7.25%. On average, equities research analysts anticipate that EZCORP will post 1.3 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. GAMMA Investing LLC boosted its holdings in EZCORP by 97.0% in the 4th quarter. GAMMA Investing LLC now owns 3,156 shares of the credit services provider’s stock worth $39,000 after buying an additional 1,554 shares during the period. KLP Kapitalforvaltning AS bought a new position in shares of EZCORP during the 4th quarter valued at about $122,000. Sherbrooke Park Advisers LLC bought a new position in shares of EZCORP during the 4th quarter valued at about $138,000. Los Angeles Capital Management LLC purchased a new position in shares of EZCORP during the third quarter valued at about $150,000. Finally, LPL Financial LLC grew its position in shares of EZCORP by 39.3% during the fourth quarter. LPL Financial LLC now owns 14,430 shares of the credit services provider’s stock valued at $176,000 after purchasing an additional 4,070 shares in the last quarter. Institutional investors own 99.83% of the company’s stock.

About EZCORP

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.