EZCORP, Inc. (NASDAQ:EZPW) COO John Blair Jr. Powell Sells 42,500 Shares of Stock

EZCORP, Inc. (NASDAQ:EZPW) COO John Blair Jr. Powell sold 42,500 shares of the firm’s stock in a transaction that occurred on Thursday, May 8th. The shares were sold at an average price of $14.55, for a total value of $618,375.00. Following the completion of the sale, the chief operating officer now owns 189,483 shares in the company, valued at approximately $2,756,977.65. This represents a 18.32% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

John Blair Jr. Powell also recently made the following trade(s):

• On Tuesday, June 10th, John Blair Jr. Powell sold 3,500 shares of EZCORP stock. The shares were sold at an average price of $13.81, for a total value of $48,335.00.
• On Thursday, May 22nd, John Blair Jr. Powell sold 10,000 shares of EZCORP stock. The shares were sold at an average price of $13.26, for a total value of $132,600.00.
• On Thursday, May 15th, John Blair Jr. Powell sold 10,000 shares of EZCORP stock. The shares were sold at an average price of $13.73, for a total value of $137,300.00.
• On Tuesday, May 13th, John Blair Jr. Powell sold 20,000 shares of EZCORP stock. The shares were sold at an average price of $14.17, for a total value of $283,400.00.

EZCORP Price Performance

NASDAQ EZPW opened at $13.71 on Thursday. The stock has a market capitalization of $754.24 million, a P/E ratio of 11.92 and a beta of 0.53. EZCORP, Inc. has a 1 year low of $9.66 and a 1 year high of $16.60. The business’s fifty day moving average is $14.67 and its two-hundred day moving average is $13.57. 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 (NASDAQ:EZPW) last posted its quarterly earnings results on Monday, April 28th. The credit services provider reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.02. The company had revenue of $306.32 million for the quarter, compared to analysts’ expectations of $310.35 million. EZCORP had a return on equity of 11.04% and a net margin of 7.25%. On average, research analysts forecast that EZCORP, Inc. will post 1.3 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Ellsworth Advisors LLC purchased a new stake in shares of EZCORP in the first quarter valued at $549,000. Intech Investment Management LLC purchased a new stake in shares of EZCORP in the first quarter valued at $1,646,000. Empowered Funds LLC lifted its holdings in shares of EZCORP by 2.1% in the first quarter. Empowered Funds LLC now owns 348,482 shares of the credit services provider’s stock valued at $5,130,000 after purchasing an additional 7,059 shares in the last quarter. Caxton Associates LLP purchased a new stake in shares of EZCORP in the first quarter valued at $362,000. Finally, Uniplan Investment Counsel Inc. purchased a new stake in shares of EZCORP in the first quarter valued at $999,000. Institutional investors own 99.83% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on EZPW shares. BTIG Research started coverage on EZCORP in a research report on Wednesday, May 14th. They issued a “neutral” rating for the company. Roth Mkm started coverage on EZCORP in a research report on Monday, March 17th. They issued a “buy” rating and a $16.00 target price for the company. Wall Street Zen downgraded EZCORP from a “strong-buy” rating to a “buy” rating in a research report on Thursday, May 22nd. Stephens restated an “equal weight” rating and issued a $17.00 target price on shares of EZCORP in a research report on Tuesday, May 20th. Finally, Canaccord Genuity Group cut their target price on EZCORP from $25.00 to $24.00 and set a “buy” rating for the company in a research report on Tuesday, May 6th. Two analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $18.25.

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.