Ezcorp Inc. (EZPW) Stock Price Down 3.1%
Ezcorp Inc. (NASDAQ:EZPW)’s share price fell 3.1% during mid-day trading on Tuesday . The company traded as low as $9.28 and last traded at $9.34, with a volume of 204,439 shares. The stock had previously closed at $9.64.
A number of brokerages have issued reports on EZPW. Jefferies Group restated a “hold” rating and set a $9.00 target price on shares of Ezcorp in a research report on Thursday, August 4th. Zacks Investment Research cut shares of Ezcorp from a “buy” rating to a “hold” rating in a research report on Tuesday, July 12th. CL King upgraded shares of Ezcorp from a “neutral” rating to a “buy” rating and set a $11.25 target price for the company in a research report on Wednesday. Finally, Wells Fargo & Co. upgraded shares of Ezcorp from a “market perform” rating to an “outperform” rating in a research report on Thursday, July 7th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the company’s stock. Ezcorp has an average rating of “Hold” and a consensus target price of $10.08.
The stock’s market capitalization is $540.89 million. The firm’s 50-day moving average price is $9.04 and its 200-day moving average price is $5.64.
Ezcorp (NASDAQ:EZPW) last released its quarterly earnings data on Tuesday, August 9th. The company reported $0.05 earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.01) by $0.06. On average, equities research analysts forecast that Ezcorp Inc. will post ($0.98) EPS for the current year.
An institutional investor recently raised its position in Ezcorp stock. Connor Clark & Lunn Investment Management Ltd. increased its position in shares of Ezcorp Inc. (NASDAQ:EZPW) by 36.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). 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 approximately 0.48% of Ezcorp worth $1,316,000 at the end of the most recent quarter.
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.