World Acceptance Corp. (NASDAQ:WRLD)’s share price traded down 1.5% during trading on Friday . The stock traded as low as $44.75 and last traded at $45.18, with a volume of 138,949 shares changing hands. The stock had previously closed at $45.89.

Several equities analysts have commented on the company. BMO Capital Markets reissued a “hold” rating and set a $41.00 price objective on shares of World Acceptance Corp. in a research report on Friday, July 29th. Zacks Investment Research lowered World Acceptance Corp. from a “hold” rating to a “strong sell” rating in a research report on Saturday, July 30th. Finally, Jefferies Group reissued a “hold” rating and set a $37.00 price objective on shares of World Acceptance Corp. in a research report on Friday, July 15th.

The company’s 50-day moving average is $48.28 and its 200 day moving average is $40.84. The stock has a market capitalization of $393.19 million and a price-to-earnings ratio of 4.89.

World Acceptance Corp. (NASDAQ:WRLD) last released its earnings results on Thursday, July 28th. The company reported $1.89 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $2.22 by $0.33. The firm earned $127.10 million during the quarter, compared to analysts’ expectations of $130.91 million. During the same quarter in the prior year, the company posted $2.71 earnings per share. The business’s revenue was down 7.4% on a year-over-year basis. On average, equities research analysts forecast that World Acceptance Corp. will post $8.13 EPS for the current fiscal year.

A hedge fund recently raised its stake in World Acceptance Corp. stock. Morgan Stanley increased its stake in shares of World Acceptance Corp. (NASDAQ:WRLD) by 63.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 32,023 shares of the company’s stock after buying an additional 12,390 shares during the period. Morgan Stanley owned about 0.37% of World Acceptance Corp. worth $1,189,000 at the end of the most recent quarter.

World Acceptance Corporation is a small-loan consumer finance company. The Company offers short-term small loans, medium-term larger loans, related credit insurance products and ancillary products and services to individuals who have limited access to other sources of consumer credit. The Company also offers income tax return preparation services and electronic filing program to its customer base and to others.

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