Encore Capital Group (ECPG) Receives Media Impact Score of 0.38
Media coverage about Encore Capital Group (NASDAQ:ECPG) has been trending positive this week, according to Accern Sentiment Analysis. The research firm scores the sentiment of media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Encore Capital Group earned a news sentiment score of 0.38 on Accern’s scale. Accern also gave media headlines about the asset manager an impact score of 45.4025261314771 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Shares of Encore Capital Group (ECPG) traded up 0.33% during trading on Tuesday, hitting $45.80. The stock had a trading volume of 276,812 shares. Encore Capital Group has a 12-month low of $17.66 and a 12-month high of $46.55. The company has a market cap of $1.18 billion, a PE ratio of 18.76 and a beta of 1.79. The stock’s 50 day moving average is $42.31 and its 200-day moving average is $38.62.
Encore Capital Group (NASDAQ:ECPG) last announced its quarterly earnings data on Thursday, August 3rd. The asset manager reported $0.87 EPS for the quarter, beating the Zacks’ consensus estimate of $0.82 by $0.05. The business had revenue of $290.92 million during the quarter, compared to the consensus estimate of $275.18 million. Encore Capital Group had a return on equity of 12.38% and a net margin of 6.28%. The business’s revenue for the quarter was up .5% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.29 earnings per share. Analysts forecast that Encore Capital Group will post $3.69 earnings per share for the current year.
Several analysts have issued reports on the company. ValuEngine upgraded Encore Capital Group from a “buy” rating to a “strong-buy” rating in a report on Friday, September 1st. Keefe, Bruyette & Woods restated a “buy” rating and issued a $49.50 target price on shares of Encore Capital Group in a report on Thursday, August 10th. Zacks Investment Research upgraded Encore Capital Group from a “sell” rating to a “hold” rating in a report on Monday, August 7th. Northland Securities restated a “hold” rating and issued a $44.00 target price on shares of Encore Capital Group in a report on Friday, August 4th. Finally, BidaskClub cut Encore Capital Group from a “buy” rating to a “hold” rating in a report on Tuesday, August 1st. Six equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $38.88.
Encore Capital Group Company Profile
Encore Capital Group, Inc, through its subsidiaries, is a specialty finance company providing debt recovery solutions for consumers and property owners across a range of financial assets. The Company operates through Portfolio Purchasing and Recovery segment. The Company’s geographical segments include the United States, Europe and other.
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