EZCORP (NASDAQ:EZPW) Director Sells $671,200.00 in Stock

EZCORP, Inc. (NASDAQ:EZPW) Director Jason Kulas sold 20,000 shares of EZCORP stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $33.56, for a total transaction of $671,200.00. Following the completion of the transaction, the director owned 172,948 shares in the company, valued at approximately $5,804,134.88. The trade was a 10.37% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

EZCORP Price Performance

Shares of NASDAQ:EZPW opened at $33.00 on Friday. EZCORP, Inc. has a 52 week low of $12.85 and a 52 week high of $37.13. The company has a quick ratio of 3.52, a current ratio of 4.71 and a debt-to-equity ratio of 0.45. The company’s fifty day moving average is $28.86 and its 200 day moving average is $23.74. The stock has a market cap of $2.03 billion, a PE ratio of 17.93 and a beta of 0.65.

EZCORP (NASDAQ:EZPW) last released its earnings results on Wednesday, May 6th. The credit services provider reported $0.58 earnings per share for the quarter, beating analysts’ consensus estimates of $0.36 by $0.22. EZCORP had a return on equity of 13.45% and a net margin of 9.91%.The company had revenue of $434.90 million during the quarter. Research analysts anticipate that EZCORP, Inc. will post 2 earnings per share for the current year.

Analyst Upgrades and Downgrades

EZPW has been the subject of a number of analyst reports. Citigroup reissued an “outperform” rating on shares of EZCORP in a research note on Monday. Wall Street Zen raised EZCORP from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 9th. Citizens Jmp increased their price objective on EZCORP from $33.00 to $39.00 and gave the company a “market outperform” rating in a research note on Monday, May 11th. Stephens increased their price objective on EZCORP from $22.00 to $26.00 and gave the company an “equal weight” rating in a research note on Friday, February 6th. Finally, Roth Mkm reissued a “buy” rating and set a $40.00 price objective on shares of EZCORP in a research note on Friday, May 8th. Two equities research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, EZCORP presently has an average rating of “Buy” and an average price target of $37.25.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. GHP Investment Advisors Inc. bought a new position in EZCORP during the 4th quarter valued at approximately $25,000. Aster Capital Management DIFC Ltd bought a new position in EZCORP during the 3rd quarter valued at approximately $29,000. KBC Group NV bought a new position in EZCORP during the 1st quarter valued at approximately $44,000. Covestor Ltd raised its position in EZCORP by 239.3% during the 3rd quarter. Covestor Ltd now owns 2,728 shares of the credit services provider’s stock valued at $52,000 after purchasing an additional 1,924 shares during the last quarter. Finally, Deutsche Bank AG raised its position in EZCORP by 533.5% during the 4th quarter. Deutsche Bank AG now owns 2,667 shares of the credit services provider’s stock valued at $52,000 after purchasing an additional 2,246 shares during the last quarter. Institutional investors own 99.83% of the company’s stock.

EZCORP Company Profile

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.