Encore Capital Group (ECPG) Expected to Announce Quarterly Earnings on Wednesday

Encore Capital Group (NASDAQ:ECPG) is anticipated to issue its Q1 2025 quarterly earnings data after the market closes on Wednesday, May 7th. Analysts expect Encore Capital Group to post earnings of $1.24 per share and revenue of $374.49 million for the quarter.

Encore Capital Group (NASDAQ:ECPG) last issued its quarterly earnings data on Wednesday, February 26th. The asset manager reported $1.50 EPS for the quarter, missing the consensus estimate of $1.55 by ($0.05). The company had revenue of $265.62 million during the quarter, compared to analyst estimates of $373.40 million. Encore Capital Group had a positive return on equity of 12.70% and a negative net margin of 13.91%. On average, analysts expect Encore Capital Group to post $5 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Encore Capital Group Stock Down 0.4 %

Shares of NASDAQ ECPG opened at $35.50 on Tuesday. Encore Capital Group has a 52-week low of $26.45 and a 52-week high of $51.77. The business’s 50 day moving average is $33.34 and its two-hundred day moving average is $43.17. The firm has a market cap of $832.40 million, a price-to-earnings ratio of -4.52 and a beta of 1.65. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 3.39.

Insider Buying and Selling at Encore Capital Group

In other news, CEO Ashish Masih acquired 20,000 shares of the firm’s stock in a transaction dated Wednesday, March 5th. The stock was acquired at an average cost of $35.14 per share, with a total value of $702,800.00. Following the transaction, the chief executive officer now owns 322,254 shares in the company, valued at approximately $11,324,005.56. This trade represents a 6.62 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Ashwini Gupta bought 40,000 shares of the stock in a transaction that occurred on Wednesday, March 5th. The shares were purchased at an average price of $35.10 per share, with a total value of $1,404,000.00. Following the purchase, the director now owns 96,909 shares of the company’s stock, valued at approximately $3,401,505.90. This represents a 70.29 % increase in their position. The disclosure for this purchase can be found here. 2.63% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of equities analysts recently commented on ECPG shares. StockNews.com upgraded Encore Capital Group from a “sell” rating to a “hold” rating in a report on Thursday, May 1st. Truist Financial cut their target price on shares of Encore Capital Group from $64.00 to $57.00 and set a “buy” rating on the stock in a research note on Thursday, February 27th. One analyst has rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $62.67.

Encore Capital Group Company Profile

Encore Capital Group, Inc, a specialty finance company, provides debt recovery solutions and other related services for consumers across financial assets worldwide. The company purchases portfolios of defaulted consumer receivables at deep discounts to face value, as well as manages them by working with individuals as they repay their obligations and works toward financial recovery.