EZCORP’s (EZPW) “Equal Weight” Rating Reaffirmed at Stephens

Stephens reissued their equal weight rating on shares of EZCORP (NASDAQ:EZPW) in a research report released on Thursday morning,Benzinga reports. They currently have a $13.50 price target on the credit services provider’s stock.

EZCORP Price Performance

Shares of EZPW stock opened at $12.36 on Thursday. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.71 and a quick ratio of 1.99. The stock’s fifty day simple moving average is $12.19 and its 200 day simple moving average is $11.69. EZCORP has a one year low of $9.65 and a one year high of $12.85. The firm has a market cap of $673.25 million, a price-to-earnings ratio of 11.14 and a beta of 1.01.

EZCORP (NASDAQ:EZPW) last posted its quarterly earnings data on Wednesday, February 5th. The credit services provider reported $0.42 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.07. EZCORP had a net margin of 7.15% and a return on equity of 10.65%. On average, analysts expect that EZCORP will post 1.26 earnings per share for the current fiscal year.

Insider Buying and Selling at EZCORP

In related news, insider Sunil Sajnani sold 34,493 shares of the stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $12.42, for a total transaction of $428,403.06. Following the completion of the transaction, the insider now directly owns 66,242 shares in the company, valued at approximately $822,725.64. This trade represents a 34.24 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CRO Nicole Swies sold 10,000 shares of the business’s stock in a transaction that occurred on Thursday, December 5th. The shares were sold at an average price of $12.47, for a total value of $124,700.00. Following the completion of the sale, the executive now owns 101,813 shares in the company, valued at $1,269,608.11. The trade was a 8.94 % decrease in their position. The disclosure for this sale can be found here. Insiders own 2.13% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of EZPW. AQR Capital Management LLC raised its holdings in shares of EZCORP by 29.8% in the 2nd quarter. AQR Capital Management LLC now owns 70,240 shares of the credit services provider’s stock valued at $735,000 after purchasing an additional 16,132 shares during the period. Sanctuary Advisors LLC bought a new position in EZCORP in the 2nd quarter valued at about $1,243,000. SG Americas Securities LLC bought a new stake in shares of EZCORP during the third quarter worth approximately $280,000. USA Financial Formulas acquired a new position in EZCORP in the 3rd quarter valued at $32,000. Finally, Exchange Traded Concepts LLC increased its position in EZCORP by 129.9% during the 3rd quarter. Exchange Traded Concepts LLC now owns 145,423 shares of the credit services provider’s stock worth $1,630,000 after buying an additional 82,165 shares during the period. 99.83% of the stock is owned by institutional investors and hedge funds.

EZCORP Company Profile

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.