EZCORP (NASDAQ:EZPW) Earns Equal Weight Rating from Analysts at Stephens

Stephens initiated coverage on shares of EZCORP (NASDAQ:EZPW) in a research report report published on Wednesday, Marketbeat reports. The firm issued an equal weight rating and a $13.00 price objective on the credit services provider’s stock.

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a $19.00 price target on shares of EZCORP in a research report on Friday, October 4th.

EZCORP Stock Performance

EZPW opened at $11.92 on Wednesday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.99 and a current ratio of 2.59. The business’s 50-day simple moving average is $11.35 and its 200 day simple moving average is $10.88. The firm has a market capitalization of $652.50 million, a PE ratio of 10.74 and a beta of 1.03. EZCORP has a 52-week low of $7.72 and a 52-week high of $12.23.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. Point72 Asset Management L.P. grew its holdings in shares of EZCORP by 4.1% during the 2nd quarter. Point72 Asset Management L.P. now owns 32,699 shares of the credit services provider’s stock worth $342,000 after purchasing an additional 1,299 shares in the last quarter. ARS Investment Partners LLC grew its stake in EZCORP by 12.7% during the second quarter. ARS Investment Partners LLC now owns 16,874 shares of the credit services provider’s stock worth $177,000 after buying an additional 1,899 shares in the last quarter. Aigen Investment Management LP increased its holdings in EZCORP by 16.5% in the 3rd quarter. Aigen Investment Management LP now owns 17,712 shares of the credit services provider’s stock valued at $199,000 after buying an additional 2,508 shares during the period. State Street Corp increased its stake in EZCORP by 0.3% in the third quarter. State Street Corp now owns 1,084,777 shares of the credit services provider’s stock valued at $12,160,000 after acquiring an additional 2,809 shares during the last quarter. Finally, ClariVest Asset Management LLC raised its holdings in shares of EZCORP by 2.9% during the 2nd quarter. ClariVest Asset Management LLC now owns 102,868 shares of the credit services provider’s stock worth $1,077,000 after buying an additional 2,876 shares in the last quarter. 99.83% of the stock is owned by institutional investors.

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.