Encore Capital Group (NASDAQ:ECPG) Receives Coverage Optimism Score of 0.39

News articles about Encore Capital Group (NASDAQ:ECPG) have been trending positive this week, according to Accern Sentiment. The research firm identifies positive and negative media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Encore Capital Group earned a news impact score of 0.39 on Accern’s scale. Accern also assigned news coverage about the asset manager an impact score of 46.2032484745428 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Several equities analysts recently weighed in on ECPG shares. SunTrust Banks restated a “buy” rating and set a $57.00 price target on shares of Encore Capital Group in a research report on Friday, November 3rd. BidaskClub lowered shares of Encore Capital Group from a “hold” rating to a “sell” rating in a research report on Wednesday, January 3rd. Janney Montgomery Scott restated a “hold” rating on shares of Encore Capital Group in a research report on Saturday, November 18th. Zacks Investment Research lowered shares of Encore Capital Group from a “hold” rating to a “sell” rating in a research report on Tuesday, October 31st. Finally, Northland Securities restated a “hold” rating and set a $49.00 price target on shares of Encore Capital Group in a research report on Friday, November 3rd. One investment analyst has rated the stock with a sell rating, three have given a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company’s stock. Encore Capital Group presently has an average rating of “Buy” and an average target price of $48.10.

Encore Capital Group (NASDAQ:ECPG) traded down $0.45 during midday trading on Friday, reaching $41.00. 175,177 shares of the company’s stock traded hands, compared to its average volume of 190,503. The stock has a market capitalization of $1,067.15 and a P/E ratio of 11.51. Encore Capital Group has a 1-year low of $28.95 and a 1-year high of $52.00. The company has a debt-to-equity ratio of 5.60, a quick ratio of 0.70 and a current ratio of 0.70.

Encore Capital Group (NASDAQ:ECPG) last released its quarterly earnings data on Thursday, November 2nd. The asset manager reported $1.15 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.91 by $0.24. The business had revenue of $306.70 million for the quarter, compared to the consensus estimate of $282.30 million. Encore Capital Group had a net margin of 8.18% and a return on equity of 17.27%. equities research analysts expect that Encore Capital Group will post 3.91 EPS for the current fiscal year.

In other Encore Capital Group news, insider Paul Grinberg sold 38,546 shares of the company’s stock in a transaction dated Tuesday, December 26th. The shares were sold at an average price of $42.43, for a total transaction of $1,635,506.78. Following the sale, the insider now directly owns 250,171 shares of the company’s stock, valued at $10,614,755.53. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Over the last ninety days, insiders have sold 95,365 shares of company stock worth $4,015,307. Insiders own 8.80% of the company’s stock.

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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.

Insider Buying and Selling by Quarter for Encore Capital Group (NASDAQ:ECPG)

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