World Acceptance (NASDAQ:WRLD – Get Free Report) was downgraded by stock analysts at StockNews.com from a “strong-buy” rating to a “buy” rating in a research report issued to clients and investors on Wednesday.
World Acceptance Stock Performance
Shares of World Acceptance stock opened at $132.10 on Wednesday. The company has a debt-to-equity ratio of 1.17, a quick ratio of 15.98 and a current ratio of 15.98. World Acceptance has a 1 year low of $94.57 and a 1 year high of $160.07. The firm’s 50-day simple moving average is $127.66 and its 200-day simple moving average is $131.16. The firm has a market cap of $772.12 million, a PE ratio of 9.96 and a beta of 1.38.
World Acceptance (NASDAQ:WRLD – Get Free Report) last posted its quarterly earnings results on Thursday, May 2nd. The credit services provider reported $6.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.35 by $1.74. The business had revenue of $159.27 million for the quarter, compared to analyst estimates of $149.00 million. World Acceptance had a return on equity of 18.88% and a net margin of 13.49%. Equities analysts forecast that World Acceptance will post 13.69 earnings per share for the current fiscal year.
Hedge Funds Weigh In On World Acceptance
About World Acceptance
World Acceptance Corporation engages in consumer finance business in the United States. The company offers short-term small installment loans, medium-term larger installment loans, related credit insurance, and ancillary products and services to individuals. It also provides income tax return preparation and filing services; and automobile club memberships.
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