EZCORP (NASDAQ:EZPW) Cut to Hold at StockNews.com

StockNews.com lowered shares of EZCORP (NASDAQ:EZPW) from a buy rating to a hold rating in a research report released on Saturday.

Several other research analysts have also issued reports on the company. Roth Mkm assumed coverage on EZCORP in a research report on Monday, March 17th. They set a “buy” rating and a $16.00 target price for the company. Canaccord Genuity Group lifted their price objective on EZCORP from $19.00 to $22.00 and gave the stock a “buy” rating in a research note on Friday, February 7th. Stephens reissued an “equal weight” rating and set a $13.50 target price on shares of EZCORP in a research report on Thursday, February 6th. Finally, Roth Capital set a $16.00 price target on shares of EZCORP in a research report on Monday, March 17th. Two investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $16.88.

EZCORP Price Performance

EZCORP stock opened at $14.72 on Friday. The company has a market capitalization of $808.70 million, a PE ratio of 12.80 and a beta of 0.89. The company has a current ratio of 2.91, a quick ratio of 2.13 and a debt-to-equity ratio of 0.27. The stock has a 50-day moving average price of $13.46 and a two-hundred day moving average price of $12.37. EZCORP has a 12 month low of $9.66 and a 12 month high of $15.35.

EZCORP (NASDAQ:EZPW) last posted its earnings results on Wednesday, February 5th. The credit services provider reported $0.42 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.07. EZCORP had a net margin of 7.25% and a return on equity of 11.04%. Analysts expect that EZCORP will post 1.3 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. Mackenzie Financial Corp acquired a new stake in EZCORP in the fourth quarter worth $465,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of EZCORP by 6.3% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 92,641 shares of the credit services provider’s stock valued at $1,132,000 after buying an additional 5,524 shares during the period. Two Sigma Advisers LP grew its stake in shares of EZCORP by 1.3% in the 4th quarter. Two Sigma Advisers LP now owns 1,022,570 shares of the credit services provider’s stock valued at $12,496,000 after buying an additional 12,800 shares during the period. Teza Capital Management LLC increased its position in EZCORP by 6.6% in the 4th quarter. Teza Capital Management LLC now owns 14,425 shares of the credit services provider’s stock valued at $176,000 after buying an additional 896 shares in the last quarter. Finally, Sherbrooke Park Advisers LLC acquired a new position in EZCORP during the 4th quarter worth approximately $138,000. Institutional investors and hedge funds own 99.83% of the company’s stock.

About EZCORP

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.