Ezcorp Inc. (EZPW) Sets New 52-Week High at $10.48
Ezcorp Inc. (NASDAQ:EZPW) shares reached a new 52-week high during trading on Tuesday . The stock traded as high as $10.48 and last traded at $10.32, with a volume of 228,873 shares trading hands. The stock had previously closed at $10.31.
Several brokerages have issued reports on EZPW. Wells Fargo & Co. upgraded Ezcorp from a “market perform” rating to an “outperform” rating in a report on Thursday, July 7th. Jefferies Group restated a “hold” rating and issued a $3.00 target price on shares of Ezcorp in a report on Tuesday, May 10th. Zacks Investment Research upgraded Ezcorp from a “hold” rating to a “buy” rating and set a $10.00 target price for the company in a report on Friday, August 12th. Finally, CL King upgraded Ezcorp from a “neutral” rating to a “buy” rating and set a $11.25 target price for the company in a report on Wednesday, August 17th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $10.08.
The firm’s market capitalization is $561.40 million. The firm has a 50-day moving average price of $9.27 and a 200-day moving average price of $5.82.
Ezcorp (NASDAQ:EZPW) last posted its quarterly earnings results on Tuesday, August 9th. The company reported $0.05 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.01) by $0.06. On average, equities analysts predict that Ezcorp Inc. will post ($0.98) earnings per share for the current year.
An institutional investor recently raised its position in Ezcorp stock. Connor Clark & Lunn Investment Management Ltd. boosted its position in shares of Ezcorp Inc. (NASDAQ:EZPW) by 36.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 263,700 shares of the company’s stock after buying an additional 70,375 shares during the period. Connor Clark & Lunn Investment Management Ltd. owned about 0.48% of Ezcorp worth $1,316,000 at the end of the most recent reporting period.
EZCORP, Inc provides pawn loans in the United States and Mexico, and consumer loans in Mexico. The Company operates through four segments: U.S. Pawn, which includes its EZPAWN, value pawn and jewelry, and other branded pawn operations in the United States; Mexico Pawn, which includes its Empeno Facil pawn operations and cash converters buy/sell store operations in Mexico; Grupo Finmart, which includes its Crediamigo and Adex payroll withholding loan operations in Mexico, and Other International, which includes its CASHMAX financial services operations in Canada and its equity interest in Cash Converters International.
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