EZCORP (NASDAQ:EZPW) Announces Quarterly Earnings Results

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

EZCORP Trading Up 1.4 %

Shares of NASDAQ:EZPW traded up $0.17 on Wednesday, hitting $12.24. 1,244,238 shares of the company’s stock were exchanged, compared to its average volume of 478,077. The stock has a market capitalization of $666.71 million, a price-to-earnings ratio of 11.03 and a beta of 1.01. EZCORP has a 12 month low of $9.65 and a 12 month high of $12.85. The business’s 50 day simple moving average is $12.21 and its two-hundred day simple moving average is $11.68. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.71 and a quick ratio of 1.99.

Insider Activity at EZCORP

In other news, CRO Nicole Swies sold 10,000 shares of EZCORP stock in a transaction that occurred on Thursday, December 5th. The shares were sold at an average price of $12.47, for a total transaction of $124,700.00. Following the completion of the sale, the executive now owns 101,813 shares of the company’s stock, valued at approximately $1,269,608.11. The trade was a 8.94 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Sunil Sajnani sold 34,493 shares of the company’s stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $12.42, for a total value of $428,403.06. Following the completion of the sale, the insider now owns 66,242 shares of the company’s stock, valued at $822,725.64. This 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 currently owned by company insiders.

Analysts Set New Price Targets

Separately, Stephens assumed coverage on shares of EZCORP in a research report on Wednesday, November 13th. They issued an “equal weight” rating and a $13.00 price objective on the 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.