EZCORP (NASDAQ:EZPW) Announces Quarterly Earnings Results, Meets Estimates
EZCORP (NASDAQ:EZPW) released its earnings results on Thursday. The credit services provider reported $0.19 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.19, Briefing.com reports. EZCORP had a net margin of 0.20% and a return on equity of 6.61%. The firm had revenue of $214.34 million during the quarter, compared to analyst estimates of $214.99 million. During the same quarter in the previous year, the business earned $0.28 EPS. The business’s revenue was up 4.1% on a year-over-year basis.
Shares of EZCORP stock opened at $6.19 on Friday. EZCORP has a 1 year low of $4.77 and a 1 year high of $11.25. The company’s fifty day simple moving average is $5.29 and its 200-day simple moving average is $7.65. The company has a market cap of $289.98 million, a price-to-earnings ratio of 5.81 and a beta of 1.66. The company has a current ratio of 8.07, a quick ratio of 5.66 and a debt-to-equity ratio of 0.32.
Several brokerages have recently issued reports on EZPW. Zacks Investment Research raised EZCORP from a “sell” rating to a “hold” rating in a research report on Wednesday. ValuEngine raised EZCORP from a “strong sell” rating to a “sell” rating in a research report on Wednesday, October 2nd. BidaskClub upgraded EZCORP from a “strong sell” rating to a “sell” rating in a research note on Monday, November 25th. Jefferies Financial Group downgraded EZCORP from a “buy” rating to a “hold” rating in a research note on Tuesday, October 8th. Finally, B. Riley lowered their target price on EZCORP from $14.00 to $12.00 and set a “buy” rating on the stock in a report on Tuesday, December 3rd. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the stock. EZCORP has an average rating of “Hold” and a consensus price target of $11.50.
EZCORP, Inc provides pawn loans. It operates through three segments: U.S. Pawn, Latin America Pawn, and Other International. The company offers pawn loans, which are non-recourse loans collateralized by tangible personal property, including jewelry, consumer electronics, power tools, sporting goods, and musical instruments; and sells merchandise, such as collateral forfeited from pawn lending operations and used merchandise purchased from customers.
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