EZCORP (NASDAQ:EZPW) Now Covered by Analysts at Roth Mkm

Roth Mkm initiated coverage on shares of EZCORP (NASDAQ:EZPW) in a report published on Monday, MarketBeat Ratings reports. The firm issued a buy rating and a $16.00 target price on the credit services provider’s stock.

Several other equities research analysts have also recently issued reports on the stock. Stephens restated an “equal weight” rating and set a $13.50 price objective on shares of EZCORP in a research report on Thursday, February 6th. Canaccord Genuity Group raised their price target on shares of EZCORP from $19.00 to $22.00 and gave the stock a “buy” rating in a report on Friday, February 7th. One investment analyst has rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $16.88.

EZCORP Stock Up 1.8 %

EZPW stock opened at $14.20 on Monday. The company has a market cap of $780.13 million, a price-to-earnings ratio of 12.35 and a beta of 0.89. The firm has a 50-day moving average of $13.05 and a two-hundred day moving average of $12.19. EZCORP has a 12 month low of $9.66 and a 12 month high of $14.50. The company has a current ratio of 2.91, a quick ratio of 2.13 and a debt-to-equity ratio of 0.27.

EZCORP (NASDAQ:EZPW) last issued its earnings results on Wednesday, February 5th. The credit services provider reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.07. EZCORP had a return on equity of 11.04% and a net margin of 7.25%. As a group, analysts forecast that EZCORP will post 1.3 earnings per share for the current fiscal year.

Institutional Trading of EZCORP

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Los Angeles Capital Management LLC acquired a new stake in shares of EZCORP during the third quarter valued at about $150,000. Oppenheimer Asset Management Inc. purchased a new position in shares of EZCORP during the 3rd quarter worth approximately $181,000. Royce & Associates LP boosted its position in shares of EZCORP by 19.2% during the 3rd quarter. Royce & Associates LP now owns 370,697 shares of the credit services provider’s stock worth $4,156,000 after purchasing an additional 59,795 shares during the period. Empowered Funds LLC increased its holdings in EZCORP by 5.3% in the 3rd quarter. Empowered Funds LLC now owns 324,807 shares of the credit services provider’s stock valued at $3,641,000 after purchasing an additional 16,482 shares during the last quarter. Finally, Quest Partners LLC raised its position in EZCORP by 32.6% in the third quarter. Quest Partners LLC now owns 107,565 shares of the credit services provider’s stock valued at $1,206,000 after purchasing an additional 26,419 shares during the period. 99.83% of the stock is currently owned by hedge funds and other institutional investors.

About EZCORP

EZCORP, Inc provides pawn services in the United States and Latin America. The company operates through three segments: U.S. Pawn, Latin America Pawn, and Other Investments. The company offers pawn loans collateralized by tangible personal property, jewelry, consumer electronics, tools, sporting goods, and musical instruments.