EZCORP (NASDAQ:EZPW) Stock Rating Lowered by StockNews.com

EZCORP (NASDAQ:EZPW) was downgraded by research analysts at StockNews.com from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Saturday.

A number of other research firms have also weighed in on EZPW. Roth Mkm started coverage on shares of EZCORP in a research report on Monday, March 17th. They set a “buy” rating and a $16.00 target price for the company. Roth Capital set a $16.00 price objective on EZCORP in a research note on Monday, March 17th. Stephens restated an “equal weight” rating and set a $13.50 target price on shares of EZCORP in a research note on Thursday, February 6th. Finally, Canaccord Genuity Group raised their target price on EZCORP from $19.00 to $22.00 and gave the company a “buy” rating in a report on Friday, February 7th. Two equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $16.88.

EZCORP Stock Down 2.1 %

EZPW opened at $14.68 on Friday. The firm has a market cap of $806.50 million, a P/E ratio of 12.77 and a beta of 0.89. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.13 and a current ratio of 2.91. The business has a 50 day moving average price of $13.41 and a 200 day moving average price of $12.35. EZCORP has a twelve month low of $9.66 and a twelve month high of $15.35.

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. GAMMA Investing LLC lifted its stake in shares of EZCORP by 97.0% in the fourth quarter. GAMMA Investing LLC now owns 3,156 shares of the credit services provider’s stock valued at $39,000 after buying an additional 1,554 shares during the period. KLP Kapitalforvaltning AS acquired a new position in EZCORP in the 4th quarter valued at approximately $122,000. Sherbrooke Park Advisers LLC bought a new stake in shares of EZCORP in the 4th quarter worth approximately $138,000. LPL Financial LLC lifted its position in shares of EZCORP by 39.3% in the 4th quarter. LPL Financial LLC now owns 14,430 shares of the credit services provider’s stock worth $176,000 after acquiring an additional 4,070 shares during the period. Finally, Teza Capital Management LLC grew its holdings in shares of EZCORP by 6.6% during the 4th quarter. Teza Capital Management LLC now owns 14,425 shares of the credit services provider’s stock worth $176,000 after purchasing an additional 896 shares in the last quarter. Institutional investors own 99.83% of the company’s stock.

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.