EZCORP, Inc. (NASDAQ:EZPW) COO Sells $48,335.00 in Stock

EZCORP, Inc. (NASDAQ:EZPW) COO John Blair Jr. Powell sold 3,500 shares of the firm’s stock in a transaction dated Tuesday, June 10th. The stock was sold at an average price of $13.81, for a total value of $48,335.00. Following the sale, the chief operating officer now directly owns 145,983 shares in the company, valued at approximately $2,016,025.23. This represents a 2.34% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

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

• On Thursday, May 22nd, John Blair Jr. Powell sold 10,000 shares of EZCORP stock. The stock was 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.
• On Thursday, May 8th, John Blair Jr. Powell sold 42,500 shares of EZCORP stock. The shares were sold at an average price of $14.55, for a total value of $618,375.00.

EZCORP Stock Down 1.8%

EZPW stock opened at $13.17 on Friday. The company has a quick ratio of 2.13, a current ratio of 2.91 and a debt-to-equity ratio of 0.27. The business has a 50 day moving average price of $14.58 and a two-hundred day moving average price of $13.58. The company has a market cap of $724.53 million, a price-to-earnings ratio of 11.45 and a beta of 0.53. EZCORP, Inc. has a twelve month low of $9.66 and a twelve month high of $16.60.

EZCORP (NASDAQ:EZPW) last posted its quarterly earnings results on Monday, April 28th. The credit services provider reported $0.34 earnings per share for the quarter, beating analysts’ consensus estimates of $0.32 by $0.02. The firm had revenue of $306.32 million during the quarter, compared to the consensus estimate of $310.35 million. EZCORP had a return on equity of 11.04% and a net margin of 7.25%. Analysts anticipate that EZCORP, Inc. will post 1.3 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. Teza Capital Management LLC boosted its stake 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 acquiring an additional 896 shares during the period. GAMMA Investing LLC boosted its stake in shares of EZCORP by 60.4% during the 1st quarter. GAMMA Investing LLC now owns 5,062 shares of the credit services provider’s stock worth $75,000 after acquiring an additional 1,906 shares during the period. Aigen Investment Management LP boosted its stake in shares of EZCORP by 11.8% during the 4th quarter. Aigen Investment Management LP now owns 19,800 shares of the credit services provider’s stock worth $242,000 after acquiring an additional 2,088 shares during the period. Oppenheimer Asset Management Inc. boosted its stake in shares of EZCORP by 16.9% during the 1st quarter. Oppenheimer Asset Management Inc. now owns 18,874 shares of the credit services provider’s stock worth $278,000 after acquiring an additional 2,725 shares during the period. Finally, New York State Teachers Retirement System boosted its stake in shares of EZCORP by 4.3% during the 1st quarter. New York State Teachers Retirement System now owns 80,099 shares of the credit services provider’s stock worth $1,179,000 after acquiring an additional 3,279 shares during the period. 99.83% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on EZPW. Canaccord Genuity Group dropped their target price on EZCORP from $25.00 to $24.00 and set a “buy” rating on the stock in a research report on Tuesday, May 6th. Roth Capital set a $16.00 target price on EZCORP in a research report on Monday, March 17th. Wall Street Zen raised EZCORP from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Roth Mkm began coverage on EZCORP in a research report on Monday, March 17th. They issued a “buy” rating and a $16.00 target price on the stock. Finally, Stephens reissued an “equal weight” rating and issued a $17.00 target price on shares of EZCORP in a research report on Tuesday, May 20th. Two research analysts have rated the stock with a hold rating, two have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “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.