EZCORP (NASDAQ:EZPW) Posts Quarterly Earnings Results, Beats Estimates By $0.04 EPS

EZCORP (NASDAQ:EZPW) announced its quarterly earnings data on Wednesday. The credit services provider reported $0.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.24 by $0.04, Zacks reports. EZCORP had a return on equity of 10.55% and a net margin of 7.05%. The company had revenue of $285.64 million for the quarter, compared to the consensus estimate of $287.59 million. During the same period in the previous year, the business earned $0.23 EPS.

EZCORP Stock Down 1.0 %

EZPW stock opened at $10.43 on Friday. The stock’s 50 day simple moving average is $10.82 and its 200 day simple moving average is $9.52. The company has a market cap of $575.21 million, a P/E ratio of 10.03 and a beta of 1.13. The company has a debt-to-equity ratio of 0.41, a quick ratio of 3.08 and a current ratio of 4.17. EZCORP has a fifty-two week low of $7.70 and a fifty-two week high of $11.52.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. TheStreet upgraded EZCORP from a “c+” rating to a “b-” rating in a report on Thursday, February 15th. Canaccord Genuity Group lowered their price objective on shares of EZCORP from $18.00 to $17.00 and set a “buy” rating for the company in a research note on Friday. Finally, StockNews.com lowered shares of EZCORP from a “strong-buy” rating to a “buy” rating in a research note on Friday, March 29th.

Insiders Place Their Bets

In other news, CRO Nicole Swies sold 2,250 shares of the business’s stock in a transaction that occurred on Monday, April 1st. The stock was sold at an average price of $11.38, for a total transaction of $25,605.00. Following the completion of the sale, the executive now owns 71,458 shares in the company, valued at $813,192.04. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Corporate insiders own 2.13% of the company’s stock.

About EZCORP

EZCORP, Inc provides pawn services in the United States and Latin America. The company operates through three segments: U.S. Pawn, Latin America Pawn, and Other Investments. The company offers pawn loans collateralized by tangible personal property, jewelry, consumer electronics, tools, sporting goods, and musical instruments.