Encore Capital Group (ECPG) Earns Media Impact Rating of 0.43

News stories about Encore Capital Group (NASDAQ:ECPG) have been trending positive this week, according to Accern Sentiment. The research firm identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Encore Capital Group earned a news sentiment score of 0.43 on Accern’s scale. Accern also assigned news stories about the asset manager an impact score of 45.2185902727725 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

Shares of Encore Capital Group (NASDAQ ECPG) traded down $1.05 during trading on Wednesday, hitting $43.85. The company’s stock had a trading volume of 227,317 shares, compared to its average volume of 228,676. Encore Capital Group has a 12 month low of $28.95 and a 12 month high of $52.00. The company has a market capitalization of $1,184.41, a P/E ratio of 13.92, a P/E/G ratio of 0.75 and a beta of 1.68. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 6.03.

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Encore Capital Group (NASDAQ:ECPG) last announced its quarterly earnings results on Wednesday, February 21st. The asset manager reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.94 by $0.11. The company had revenue of $317.48 million during the quarter, compared to the consensus estimate of $297.72 million. Encore Capital Group had a return on equity of 18.70% and a net margin of 7.01%. The company’s revenue for the quarter was up 17.0% compared to the same quarter last year. During the same period in the prior year, the company earned $0.72 earnings per share. equities research analysts expect that Encore Capital Group will post 4.68 EPS for the current fiscal year.

A number of equities research analysts recently commented on the company. Zacks Investment Research upgraded Encore Capital Group from a “hold” rating to a “buy” rating and set a $48.00 price objective for the company in a report on Monday, February 26th. BidaskClub upgraded Encore Capital Group from a “strong sell” rating to a “sell” rating in a report on Monday, February 5th. ValuEngine upgraded Encore Capital Group from a “buy” rating to a “strong-buy” rating in a report on Friday, February 2nd. Finally, Oppenheimer set a $51.00 price target on Encore Capital Group and gave the stock a “buy” rating in a report on Thursday, February 22nd. Three equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $50.90.

In other news, insider Paul Grinberg sold 37,546 shares of the company’s stock in a transaction dated Tuesday, December 26th. The stock was sold at an average price of $42.43, for a total transaction of $1,593,076.78. Following the completion of the transaction, 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 Securities & Exchange Commission, which can be accessed through this link. Insiders have sold 114,138 shares of company stock valued at $4,801,521 over the last ninety days. 8.80% of the stock is owned by insiders.

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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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