Pablo Lagos Espinosa Sells 20,000 Shares of EZCORP (NASDAQ:EZPW) Stock

EZCORP, Inc. (NASDAQ:EZPW) Director Pablo Lagos Espinosa sold 20,000 shares of the firm’s stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $25.00, for a total value of $500,000.00. Following the completion of the transaction, the director owned 208,177 shares in the company, valued at approximately $5,204,425. This trade represents a 8.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

EZCORP Trading Up 0.3%

Shares of NASDAQ:EZPW traded up $0.07 during trading on Friday, reaching $25.34. 1,349,492 shares of the stock were exchanged, compared to its average volume of 1,038,061. The company has a debt-to-equity ratio of 0.48, a quick ratio of 4.69 and a current ratio of 6.03. EZCORP, Inc. has a 12-month low of $12.85 and a 12-month high of $26.35. The firm’s 50-day moving average price is $21.66 and its 200 day moving average price is $19.10. The firm has a market cap of $1.56 billion, a price-to-earnings ratio of 16.24 and a beta of 0.53.

EZCORP (NASDAQ:EZPW) last issued its earnings results on Wednesday, February 4th. The credit services provider reported $0.55 EPS for the quarter, beating analysts’ consensus estimates of $0.40 by $0.15. The business had revenue of $374.50 million for the quarter, compared to the consensus estimate of $363.63 million. EZCORP had a net margin of 9.18% and a return on equity of 12.37%. On average, sell-side analysts anticipate that EZCORP, Inc. will post 1.3 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in EZPW. GHP Investment Advisors Inc. bought a new stake in shares of EZCORP in the 4th quarter worth about $25,000. Aster Capital Management DIFC Ltd acquired a new position in EZCORP in the third quarter worth about $29,000. Covestor Ltd increased its holdings in EZCORP by 239.3% in the third quarter. Covestor Ltd now owns 2,728 shares of the credit services provider’s stock valued at $52,000 after buying an additional 1,924 shares during the last quarter. Deutsche Bank AG increased its holdings in EZCORP by 533.5% in the fourth quarter. Deutsche Bank AG now owns 2,667 shares of the credit services provider’s stock valued at $52,000 after buying an additional 2,246 shares during the last quarter. Finally, Farther Finance Advisors LLC raised its stake in EZCORP by 15,019.0% during the third quarter. Farther Finance Advisors LLC now owns 3,175 shares of the credit services provider’s stock valued at $60,000 after buying an additional 3,154 shares in the last quarter. 99.83% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

EZPW has been the subject of several analyst reports. Roth Mkm reaffirmed a “buy” rating and issued a $26.00 target price on shares of EZCORP in a research report on Tuesday, January 6th. Canaccord Genuity Group set a $34.00 price target on EZCORP in a research report on Friday, February 6th. Zacks Research raised shares of EZCORP from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 9th. Citigroup reiterated an “outperform” rating on shares of EZCORP in a research note on Tuesday, January 20th. Finally, Stephens boosted their target price on shares of EZCORP from $22.00 to $26.00 and gave the stock an “equal weight” rating in a research report on Friday, February 6th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, EZCORP has an average rating of “Moderate Buy” and an average target price of $28.00.

About EZCORP

EZCORP, Inc is a specialty consumer finance company that provides pawn loans and retail merchandise programs primarily through its EZPAWN and Cash Converters brands. The company offers collateral-based loans secured principally by jewelry, electronics, musical instruments and other personal items, alongside check-cashing, money-transfer and bill-payment services. In addition to its pawn lending operations, EZCORP acquires previously pawned or consumer merchandise for resale through its “Sell-It-Now” platform and retail storefronts.

Founded in 1989 and headquartered in San Antonio, Texas, EZCORP operates in two principal geographic markets: the United States and Mexico.