Encore Capital Group (NASDAQ:ECPG) Rating Lowered to Hold at Zacks Research

Encore Capital Group (NASDAQ:ECPG) was downgraded by equities researchers at Zacks Research from a “strong-buy” rating to a “hold” rating in a research note issued to investors on Monday,Zacks.com reports.

Other equities research analysts have also issued research reports about the company. Weiss Ratings lowered Encore Capital Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, June 8th. Citizens Jmp lifted their target price on shares of Encore Capital Group from $108.00 to $115.00 and gave the company a “market outperform” rating in a report on Wednesday, June 17th. Citigroup reiterated a “market outperform” rating on shares of Encore Capital Group in a research note on Wednesday, June 17th. Wall Street Zen downgraded shares of Encore Capital Group from a “strong-buy” rating to a “hold” rating in a report on Saturday, May 9th. Finally, Truist Financial raised their price target on shares of Encore Capital Group from $100.00 to $105.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. Four research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, Encore Capital Group presently has a consensus rating of “Moderate Buy” and a consensus price target of $88.00.

Encore Capital Group Price Performance

Shares of ECPG opened at $90.17 on Monday. The business’s 50-day moving average is $83.46 and its two-hundred day moving average is $70.69. The company has a market capitalization of $1.93 billion, a P/E ratio of 7.00 and a beta of 1.27. Encore Capital Group has a fifty-two week low of $35.67 and a fifty-two week high of $94.60. The company has a debt-to-equity ratio of 3.90, a quick ratio of 0.90 and a current ratio of 0.90.

Encore Capital Group (NASDAQ:ECPG) last issued its quarterly earnings data 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 business had revenue of $475.41 million during the quarter, compared to analysts’ expectations of $446.26 million. Encore Capital Group had a return on equity of 30.70% and a net margin of 16.00%.The company’s revenue for the quarter was up 21.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.93 EPS. Encore Capital Group has set its FY 2026 guidance at 13.000-13.000 EPS. Research analysts predict that Encore Capital Group will post 13.01 earnings per share for the current year.

Insider Transactions at Encore Capital Group

In other news, insider John Yung sold 2,000 shares of Encore Capital Group stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $82.08, for a total value of $164,160.00. Following the sale, the insider owned 64,570 shares in the company, valued at $5,299,905.60. This trade represents a 3.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 3.00% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Encore Capital Group

Several institutional investors have recently bought and sold shares of ECPG. IFP Advisors Inc raised its holdings in shares of Encore Capital Group by 1,729.6% during the fourth quarter. IFP Advisors Inc now owns 494 shares of the asset manager’s stock valued at $27,000 after acquiring an additional 467 shares during the last quarter. EverSource Wealth Advisors LLC boosted its stake in shares of Encore Capital Group by 185.7% in the fourth quarter. EverSource Wealth Advisors LLC now owns 717 shares of the asset manager’s stock worth $39,000 after acquiring an additional 466 shares during the last quarter. Allworth Financial LP increased its position in shares of Encore Capital Group by 29.1% during the fourth quarter. Allworth Financial LP now owns 1,139 shares of the asset manager’s stock worth $62,000 after purchasing an additional 257 shares in the last quarter. Tower Research Capital LLC TRC raised its stake in Encore Capital Group by 168.9% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,716 shares of the asset manager’s stock valued at $105,000 after purchasing an additional 1,706 shares during the last quarter. Finally, Virtus Advisers LLC purchased a new position in Encore Capital Group in the 3rd quarter valued at $143,000.

About Encore Capital Group

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.