World Acceptance Corp. (NASDAQ:WRLD) SVP Jason E. Childers sold 222 shares of World Acceptance stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $135.79, for a total value of $30,145.38. Following the completion of the sale, the senior vice president now directly owns 22,107 shares of the company’s stock, valued at approximately $3,001,909.53. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

WRLD stock traded down $2.75 during mid-day trading on Tuesday, reaching $133.20. 13,195 shares of the company traded hands, compared to its average volume of 185,731. The company has a debt-to-equity ratio of 0.81, a current ratio of 17.63 and a quick ratio of 17.63. The company has a market capitalization of $1.21 billion, a P/E ratio of 16.77 and a beta of 2.42. World Acceptance Corp. has a 52-week low of $89.78 and a 52-week high of $175.78. The company has a fifty day moving average price of $147.85 and a 200-day moving average price of $132.86.

World Acceptance (NASDAQ:WRLD) last posted its earnings results on Thursday, July 25th. The credit services provider reported $0.97 earnings per share for the quarter, missing the Zacks’ consensus estimate of $2.05 by ($1.08). The company had revenue of $138.40 million for the quarter, compared to analysts’ expectations of $134.64 million. World Acceptance had a net margin of 12.02% and a return on equity of 11.94%. The firm’s quarterly revenue was up 12.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.69 EPS. As a group, analysts forecast that World Acceptance Corp. will post 6.78 EPS for the current year.

A number of research analysts have weighed in on the company. BMO Capital Markets reduced their target price on World Acceptance to $65.00 and set an “underperform” rating for the company in a report on Friday, July 26th. BidaskClub lowered World Acceptance from a “strong-buy” rating to a “buy” rating in a report on Tuesday, July 23rd. ValuEngine raised World Acceptance from a “hold” rating to a “buy” rating in a report on Tuesday, July 2nd. Janney Montgomery Scott reaffirmed a “sell” rating and set a $87.00 target price (down previously from $108.00) on shares of World Acceptance in a report on Thursday, July 25th. Finally, Zacks Investment Research lowered World Acceptance from a “hold” rating to a “strong sell” rating in a report on Saturday. Three research analysts have rated the stock with a sell rating and two have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $102.67.

A number of hedge funds have recently bought and sold shares of WRLD. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of World Acceptance by 105.3% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 386 shares of the credit services provider’s stock valued at $45,000 after acquiring an additional 198 shares during the last quarter. Bank of Montreal Can boosted its position in shares of World Acceptance by 13.1% during the 1st quarter. Bank of Montreal Can now owns 960 shares of the credit services provider’s stock valued at $113,000 after acquiring an additional 111 shares during the last quarter. Acadian Asset Management LLC bought a new stake in shares of World Acceptance during the 2nd quarter valued at about $151,000. SG Americas Securities LLC bought a new stake in shares of World Acceptance during the 2nd quarter valued at about $247,000. Finally, Everence Capital Management Inc. bought a new stake in shares of World Acceptance during the 2nd quarter valued at about $263,000. 89.50% of the stock is owned by institutional investors and hedge funds.

About World Acceptance

World Acceptance Corporation engages in small-loan consumer finance business. The company offers short-term small and medium-term larger installment loans, as well as related credit insurance and ancillary products and services to individuals. It also provides automobile club memberships to its borrowers; and income tax return preparation and electronic filing services.

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