Encore Capital Group (NASDAQ:ECPG) Reaches New 1-Year High – Still a Buy?

Encore Capital Group Inc (NASDAQ:ECPG) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $92.93 and last traded at $92.9120, with a volume of 243325 shares traded. The stock had previously closed at $90.62.

Analyst Ratings Changes

Several equities research analysts have weighed in on ECPG shares. Citizens Jmp raised their price objective on shares of Encore Capital Group from $108.00 to $115.00 and gave the company a “market outperform” rating in a research report on Wednesday, June 17th. Citigroup reissued a “market outperform” rating on shares of Encore Capital Group in a research note on Wednesday, June 17th. Wall Street Zen lowered shares of Encore Capital Group from a “strong-buy” rating to a “hold” rating in a report on Saturday, May 9th. Truist Financial boosted their price objective on shares of Encore Capital Group from $100.00 to $105.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. Finally, Weiss Ratings downgraded Encore Capital Group from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, June 8th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, Encore Capital Group presently has a consensus rating of “Buy” and a consensus price target of $88.00.

Encore Capital Group Price Performance

The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 3.90. The stock has a market capitalization of $1.99 billion, a P/E ratio of 7.20 and a beta of 1.30. The company has a fifty day simple moving average of $82.14 and a two-hundred day simple moving average of $68.86.

Encore Capital Group (NASDAQ:ECPG) last issued its earnings results on Wednesday, May 6th. The asset manager reported $3.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.02 by $0.84. The company had revenue of $475.41 million for the quarter, compared to analyst estimates of $446.26 million. Encore Capital Group had a net margin of 16.00% and a return on equity of 30.70%. The company’s revenue for the quarter was up 21.0% on a year-over-year basis. During the same quarter last year, the firm earned $1.93 EPS. Encore Capital Group has set its FY 2026 guidance at 13.000-13.000 EPS. Sell-side analysts expect that Encore Capital Group Inc will post 13.01 EPS for the current fiscal year.

Insider Buying and Selling

In other Encore Capital Group news, insider John Yung sold 2,000 shares of Encore Capital Group stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $82.08, for a total transaction of $164,160.00. Following the completion of the sale, the insider owned 64,570 shares of the company’s stock, valued at approximately $5,299,905.60. The trade was a 3.00% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 3.00% of the company’s stock.

Institutional Investors Weigh In On Encore Capital Group

Institutional investors have recently made changes to their positions in the stock. IFP Advisors Inc boosted its holdings in Encore Capital Group by 1,729.6% during the fourth quarter. IFP Advisors Inc now owns 494 shares of the asset manager’s stock worth $27,000 after buying an additional 467 shares during the last quarter. EverSource Wealth Advisors LLC raised its position in shares of Encore Capital Group by 185.7% in the 4th quarter. EverSource Wealth Advisors LLC now owns 717 shares of the asset manager’s stock valued at $39,000 after acquiring an additional 466 shares during the period. Allworth Financial LP boosted its stake in Encore Capital Group by 29.1% during the 4th quarter. Allworth Financial LP now owns 1,139 shares of the asset manager’s stock worth $62,000 after acquiring an additional 257 shares during the last quarter. Tower Research Capital LLC TRC boosted its stake in Encore Capital Group by 168.9% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,716 shares of the asset manager’s stock worth $105,000 after acquiring an additional 1,706 shares during the last quarter. Finally, Virtus Advisers LLC acquired a new position in Encore Capital Group during the third quarter valued at approximately $143,000.

Encore Capital Group Company Profile

Encore Capital Group, Inc is a global specialty finance company that focuses on the purchase and management of nonperforming consumer receivables. Through its subsidiaries, the company acquires charged-off debt portfolios from credit card issuers, banks, and other financial institutions, and seeks to recover outstanding balances through a combination of customer outreach, payment arrangements, and, where appropriate, legal collection efforts. Encore’s business model emphasizes compliance with regulatory and industry standards to ensure ethical and transparent debt-recovery practices.

Headquartered in San Diego, California, Encore operates across North America and Europe.