EZCORP (NASDAQ:EZPW) Posts Quarterly Earnings Results, Beats Expectations By $0.07 EPS

EZCORP (NASDAQ:EZPW) released its quarterly earnings data on Wednesday. The credit services provider reported $0.42 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.07, Zacks reports. EZCORP had a return on equity of 10.65% and a net margin of 7.15%.

EZCORP Stock Up 1.2 %

EZCORP stock opened at $12.51 on Friday. The company has a market capitalization of $681.36 million, a PE ratio of 11.27 and a beta of 1.01. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.99 and a current ratio of 2.71. EZCORP has a fifty-two week low of $9.65 and a fifty-two week high of $12.85. The firm has a 50 day moving average price of $12.19 and a 200 day moving average price of $11.69.

Insiders Place Their Bets

In related news, CRO Nicole Swies sold 10,000 shares of the business’s stock in a transaction on Thursday, December 5th. The stock was sold at an average price of $12.47, for a total value of $124,700.00. Following the sale, the executive now owns 101,813 shares in the company, valued at approximately $1,269,608.11. The trade was a 8.94 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Sunil Sajnani sold 34,493 shares of the firm’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $12.42, for a total value of $428,403.06. Following the transaction, the insider now owns 66,242 shares of the company’s stock, valued at $822,725.64. This trade represents a 34.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 2.13% of the stock is owned by insiders.

Analysts Set New Price Targets

Separately, Stephens reaffirmed an “equal weight” rating and issued a $13.50 price target on shares of EZCORP in a research note on Thursday.

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.