EZCORP (NASDAQ:EZPW) Director Gary Tillett Sells 10,000 Shares of Stock

EZCORP, Inc. (NASDAQ:EZPW) Director Gary Tillett sold 10,000 shares of the stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $25.50, for a total transaction of $255,000.00. Following the sale, the director owned 133,483 shares in the company, valued at approximately $3,403,816.50. The trade was a 6.97% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Gary Tillett also recently made the following trade(s):

• On Wednesday, February 18th, Gary Tillett sold 10,000 shares of EZCORP stock. The shares were sold at an average price of $25.00, for a total transaction of $250,000.00.

EZCORP Stock Performance

Shares of EZPW stock traded up $0.37 on Thursday, reaching $26.30. The stock had a trading volume of 185,850 shares, compared to its average volume of 1,005,893. The company has a debt-to-equity ratio of 0.48, a quick ratio of 4.69 and a current ratio of 6.03. EZCORP, Inc. has a 1 year low of $12.85 and a 1 year high of $26.39. The stock has a market cap of $1.62 billion, a P/E ratio of 16.92 and a beta of 0.53. The company has a 50 day simple moving average of $22.06 and a 200 day simple moving average of $19.42.

EZCORP (NASDAQ:EZPW) last posted its earnings results on Wednesday, February 4th. The credit services provider reported $0.55 earnings per share for the quarter, beating analysts’ consensus estimates of $0.40 by $0.15. EZCORP had a return on equity of 12.37% and a net margin of 9.18%.The company had revenue of $374.50 million for the quarter, compared to the consensus estimate of $363.63 million. Equities research analysts expect that EZCORP, Inc. will post 1.3 EPS for the current year.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on EZPW. Zacks Research raised shares of EZCORP from a “hold” rating to a “strong-buy” rating in a report on Monday, February 9th. Roth Mkm reiterated a “buy” rating and issued a $26.00 price target on shares of EZCORP in a research note on Tuesday, January 6th. Stephens boosted their price objective on EZCORP from $22.00 to $26.00 and gave the company an “equal weight” rating in a research report on Friday, February 6th. Citigroup reaffirmed an “outperform” rating on shares of EZCORP in a research note on Tuesday, January 20th. Finally, Citizens Jmp lifted their target price on EZCORP from $23.00 to $26.00 and gave the company a “market outperform” rating in a research note on Tuesday, January 20th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $28.00.

Hedge Funds Weigh In On EZCORP

Several institutional investors and hedge funds have recently bought and sold shares of EZPW. Arizona State Retirement System raised its position in shares of EZCORP by 3.7% in the 4th quarter. Arizona State Retirement System now owns 15,960 shares of the credit services provider’s stock worth $310,000 after buying an additional 569 shares during the period. Rhumbline Advisers lifted its stake in shares of EZCORP by 0.9% in the 2nd quarter. Rhumbline Advisers now owns 73,064 shares of the credit services provider’s stock valued at $1,014,000 after purchasing an additional 648 shares in the last quarter. Stratos Wealth Partners LTD. grew its holdings in shares of EZCORP by 3.9% during the 4th quarter. Stratos Wealth Partners LTD. now owns 18,173 shares of the credit services provider’s stock worth $353,000 after purchasing an additional 685 shares during the period. CWM LLC increased its position in EZCORP by 21.2% during the 4th quarter. CWM LLC now owns 4,146 shares of the credit services provider’s stock worth $81,000 after purchasing an additional 724 shares in the last quarter. Finally, New York State Teachers Retirement System raised its holdings in EZCORP by 1.1% in the third quarter. New York State Teachers Retirement System now owns 80,959 shares of the credit services provider’s stock valued at $1,541,000 after buying an additional 860 shares during the period. Institutional investors and hedge funds own 99.83% of the company’s stock.

About EZCORP

EZCORP, Inc is a specialty consumer finance company that provides pawn loans and retail merchandise programs primarily through its EZPAWN and Cash Converters brands. The company offers collateral-based loans secured principally by jewelry, electronics, musical instruments and other personal items, alongside check-cashing, money-transfer and bill-payment services. In addition to its pawn lending operations, EZCORP acquires previously pawned or consumer merchandise for resale through its “Sell-It-Now” platform and retail storefronts.

Founded in 1989 and headquartered in San Antonio, Texas, EZCORP operates in two principal geographic markets: the United States and Mexico.