World Acceptance Corp. (NASDAQ:WRLD) has earned an average recommendation of “Hold” from the seven research firms that are currently covering the stock, Marketbeat reports. Three analysts have rated the stock with a sell rating, two have given a buy rating and one has issued a strong buy rating on the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $82.75.

Several research analysts have recently weighed in on the stock. BMO Capital Markets reissued a “sell” rating and issued a $80.00 target price on shares of World Acceptance in a research report on Monday, January 29th. They noted that the move was a valuation call. Zacks Investment Research upgraded shares of World Acceptance from a “hold” rating to a “buy” rating and set a $126.00 price target for the company in a report on Saturday, February 3rd. ValuEngine upgraded shares of World Acceptance from a “buy” rating to a “strong-buy” rating in a report on Friday, February 2nd. BidaskClub upgraded shares of World Acceptance from a “hold” rating to a “buy” rating in a report on Wednesday, January 31st. Finally, Stephens restated a “sell” rating and set a $65.00 price target on shares of World Acceptance in a report on Thursday, January 4th.

World Acceptance (NASDAQ:WRLD) opened at $104.63 on Friday. The firm has a market cap of $1,000.66, a P/E ratio of 16.32 and a beta of 2.80. The company has a quick ratio of 16.43, a current ratio of 20.25 and a debt-to-equity ratio of 0.77. World Acceptance has a 1 year low of $47.45 and a 1 year high of $121.17.

World Acceptance (NASDAQ:WRLD) last released its earnings results on Friday, January 26th. The credit services provider reported $1.37 earnings per share for the quarter, topping the consensus estimate of $0.95 by $0.42. The business had revenue of $136.90 million for the quarter, compared to the consensus estimate of $137.99 million. World Acceptance had a net margin of 10.42% and a return on equity of 13.95%. The firm’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same period last year, the firm posted $1.10 earnings per share. research analysts predict that World Acceptance will post 7.61 EPS for the current year.

Several hedge funds have recently bought and sold shares of the stock. BlackRock Inc. boosted its holdings in shares of World Acceptance by 2.8% during the fourth quarter. BlackRock Inc. now owns 791,193 shares of the credit services provider’s stock worth $63,864,000 after purchasing an additional 21,186 shares during the period. Rhumbline Advisers boosted its holdings in shares of World Acceptance by 13.4% during the fourth quarter. Rhumbline Advisers now owns 14,271 shares of the credit services provider’s stock worth $1,152,000 after purchasing an additional 1,684 shares during the period. Arizona State Retirement System boosted its holdings in shares of World Acceptance by 228.7% during the fourth quarter. Arizona State Retirement System now owns 9,898 shares of the credit services provider’s stock worth $799,000 after purchasing an additional 6,887 shares during the period. Wells Fargo & Company MN boosted its holdings in shares of World Acceptance by 17.7% during the fourth quarter. Wells Fargo & Company MN now owns 7,812 shares of the credit services provider’s stock worth $631,000 after purchasing an additional 1,174 shares during the period. Finally, Assenagon Asset Management S.A. acquired a new stake in shares of World Acceptance during the fourth quarter worth approximately $1,190,000. Institutional investors and hedge funds own 91.77% of the company’s stock.

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World Acceptance Company Profile

World Acceptance Corporation operates a small-loan consumer finance business in 15 states and Mexico as of March 31, 2016. The Company offers short-term small installment loans, medium-term larger installment loans, related credit insurance and ancillary products and services to individuals. The Company offers standardized installment loans generally between $300 and $4,000 through 1,339 branches in Alabama, Georgia, Idaho, Illinois, Indiana, Kentucky, Louisiana, Mississippi, Missouri, New Mexico, Oklahoma, South Carolina, Texas, Tennessee, Wisconsin and Mexico as of March 31, 2016.

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