EZCORP Inc to Post Q4 2019 Earnings of $0.23 Per Share, Jefferies Financial Group Forecasts (EZPW)

EZCORP Inc (NASDAQ:EZPW) – Equities research analysts at Jefferies Financial Group increased their Q4 2019 EPS estimates for EZCORP in a research report issued on Monday, February 11th. Jefferies Financial Group analyst J. Hecht now expects that the credit services provider will earn $0.23 per share for the quarter, up from their prior estimate of $0.22. Jefferies Financial Group also issued estimates for EZCORP’s Q4 2020 earnings at $0.24 EPS.

EZCORP (NASDAQ:EZPW) last released its quarterly earnings data on Wednesday, January 30th. The credit services provider reported $0.31 earnings per share for the quarter, beating analysts’ consensus estimates of $0.22 by $0.09. The firm had revenue of $218.10 million during the quarter, compared to analyst estimates of $220.63 million. EZCORP had a return on equity of 6.47% and a net margin of 2.68%. The business’s quarterly revenue was up 6.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.27 earnings per share.

A number of other analysts have also commented on the company. Zacks Investment Research lowered EZCORP from a “hold” rating to a “sell” rating in a research note on Wednesday. BidaskClub raised EZCORP from a “hold” rating to a “buy” rating in a research note on Thursday, February 7th. ValuEngine raised EZCORP from a “sell” rating to a “hold” rating in a research note on Saturday, January 19th. Finally, TheStreet lowered EZCORP from a “b-” rating to a “c+” rating in a research note on Thursday, January 10th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the stock. EZCORP currently has a consensus rating of “Hold” and an average target price of $13.00.

Shares of EZPW stock opened at $10.17 on Wednesday. EZCORP has a 52 week low of $7.45 and a 52 week high of $15.10. The firm has a market capitalization of $558.89 million, a P/E ratio of 12.87 and a beta of 1.74. The company has a quick ratio of 2.26, a current ratio of 2.94 and a debt-to-equity ratio of 0.31.

Hedge funds have recently made changes to their positions in the company. Victory Capital Management Inc. boosted its holdings in shares of EZCORP by 13.1% during the 3rd quarter. Victory Capital Management Inc. now owns 150,800 shares of the credit services provider’s stock valued at $1,614,000 after buying an additional 17,500 shares in the last quarter. Vanguard Group Inc boosted its holdings in shares of EZCORP by 2.5% during the 3rd quarter. Vanguard Group Inc now owns 3,988,128 shares of the credit services provider’s stock valued at $42,674,000 after buying an additional 95,691 shares in the last quarter. BlackRock Inc. boosted its holdings in shares of EZCORP by 2.1% during the 3rd quarter. BlackRock Inc. now owns 7,578,001 shares of the credit services provider’s stock valued at $81,084,000 after buying an additional 158,910 shares in the last quarter. Huber Capital Management LLC raised its position in shares of EZCORP by 11.8% in the 3rd quarter. Huber Capital Management LLC now owns 1,321,676 shares of the credit services provider’s stock worth $14,142,000 after purchasing an additional 139,872 shares during the last quarter. Finally, AXA raised its position in shares of EZCORP by 511.7% in the 3rd quarter. AXA now owns 185,971 shares of the credit services provider’s stock worth $1,990,000 after purchasing an additional 155,571 shares during the last quarter.

About EZCORP

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.

Further Reading: Stock Split

Earnings History and Estimates for EZCORP (NASDAQ:EZPW)

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