EZCORP (NASDAQ:EZPW) Issues Quarterly Earnings Results

EZCORP (NASDAQ:EZPW) issued its quarterly earnings results on Wednesday. The credit services provider reported $0.42 EPS for the quarter, topping the consensus estimate of $0.35 by $0.07, Zacks reports. EZCORP had a net margin of 7.15% and a return on equity of 10.65%.

EZCORP Stock Performance

EZCORP stock traded up $0.17 during midday trading on Wednesday, reaching $12.24. 1,236,483 shares of the company’s stock were exchanged, compared to its average volume of 477,089. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.99 and a current ratio of 2.71. The stock’s 50-day simple moving average is $12.21 and its 200 day simple moving average is $11.68. The firm has a market cap of $666.71 million, a price-to-earnings ratio of 11.03 and a beta of 1.01. EZCORP has a 52 week low of $9.65 and a 52 week high of $12.85.

Insider Transactions at EZCORP

In other news, CRO Nicole Swies sold 10,000 shares of the business’s stock in a transaction that occurred on Thursday, December 5th. The stock was sold at an average price of $12.47, for a total transaction 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Sunil Sajnani sold 34,493 shares of the stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $12.42, for a total value of $428,403.06. Following the transaction, the insider now owns 66,242 shares in the company, valued at approximately $822,725.64. This trade represents a 34.24 % decrease in their position. The disclosure for this sale can be found here. 2.13% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Separately, Stephens began coverage on EZCORP in a report on Wednesday, November 13th. They set an “equal weight” rating and a $13.00 target price on the stock.

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.