Encore Capital Group Inc (NASDAQ:ECPG) Receives $89.75 Consensus Price Target from Analysts

Shares of Encore Capital Group Inc (NASDAQ:ECPG) have been assigned a consensus rating of “Buy” from the six analysts that are presently covering the stock, Marketbeat Ratings reports. Five analysts have rated the stock with a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $89.75.

ECPG has been the subject of a number of research analyst reports. Zacks Research upgraded Encore Capital Group from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 7th. Wall Street Zen downgraded Encore Capital Group from a “strong-buy” rating to a “hold” rating in a research note on Saturday, May 9th. Truist Financial increased their price objective on Encore Capital Group from $105.00 to $112.00 and gave the company a “buy” rating in a report on Thursday, August 6th. Citizens Jmp lifted their target price on Encore Capital Group from $108.00 to $115.00 and gave the stock a “market outperform” rating in a report on Wednesday, June 17th. Finally, Citigroup reiterated a “market outperform” rating on shares of Encore Capital Group in a report on Tuesday.

Encore Capital Group Trading Up 2.4%

NASDAQ ECPG opened at $103.74 on Friday. The company has a fifty day simple moving average of $90.17 and a two-hundred day simple moving average of $77.98. The stock has a market cap of $2.20 billion, a P/E ratio of 7.85 and a beta of 1.27. Encore Capital Group has a 12-month low of $39.94 and a 12-month high of $103.76. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 3.87.

Encore Capital Group (NASDAQ:ECPG) last posted its quarterly earnings data on Wednesday, August 5th. The asset manager reported $2.81 EPS for the quarter, topping the consensus estimate of $2.67 by $0.14. The business had revenue of $491.87 million during the quarter, compared to the consensus estimate of $455.10 million. Encore Capital Group had a net margin of 15.86% and a return on equity of 29.83%. The business’s revenue for the quarter was up 11.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.49 earnings per share. Encore Capital Group has set its FY 2026 guidance at 13.000-14.000 EPS. On average, analysts forecast that Encore Capital Group will post 13.52 earnings per share for the current year.

Insider Buying and Selling at Encore Capital Group

In related news, insider John Yung sold 2,000 shares of the firm’s 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 transaction, the insider owned 64,570 shares of the company’s stock, 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 SEC, which is available at this hyperlink. 3.00% of the stock is owned by insiders.

Institutional Investors Weigh In On Encore Capital Group

Several hedge funds have recently added to or reduced their stakes in the business. Allworth Financial LP grew its position 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 purchasing an additional 257 shares during the period. EverSource Wealth Advisors LLC lifted its holdings 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 buying an additional 466 shares during the period. IFP Advisors Inc lifted its holdings in shares of Encore Capital Group by 1,729.6% in the 4th quarter. IFP Advisors Inc now owns 494 shares of the asset manager’s stock valued at $27,000 after buying an additional 467 shares during the period. Wedge Capital Management L L P NC boosted its stake in shares of Encore Capital Group by 5.1% in the second quarter. Wedge Capital Management L L P NC now owns 11,612 shares of the asset manager’s stock worth $1,083,000 after buying an additional 565 shares during the last quarter. Finally, Carnegie Investment Counsel boosted its stake in shares of Encore Capital Group by 2.2% in the first quarter. Carnegie Investment Counsel now owns 27,308 shares of the asset manager’s stock worth $1,915,000 after buying an additional 582 shares during the last quarter.

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.