Media headlines about Encore Capital Group (NASDAQ:ECPG) have trended positive on Sunday, Accern Sentiment reports. Accern rates the sentiment of news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Encore Capital Group earned a media sentiment score of 0.43 on Accern’s scale. Accern also gave news headlines about the asset manager an impact score of 46.2506538668546 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s scoring:
- Analysts Expect Encore Capital Group Inc (ECPG) Will Announce Earnings of $0.91 Per Share (americanbankingnews.com)
- Ally Financial (ALLY) vs. Encore Capital Group (ECPG) Head-To-Head Analysis (americanbankingnews.com)
- Encore Capital Group, Inc. breached its 50 day moving average in a Bullish Manner : ECPG-US : September 13, 2017 (finance.yahoo.com)
- Encore Capital Group Inc (ECPG) Given Consensus Recommendation of “Hold” by Analysts (americanbankingnews.com)
- Head to Head Survey: Ally Financial (ALLY) & Encore Capital Group (ECPG) (americanbankingnews.com)
A number of equities analysts have recently commented on the stock. Zacks Investment Research downgraded shares of Encore Capital Group from a “buy” rating to a “hold” rating in a research note on Thursday, June 8th. BidaskClub downgraded shares of Encore Capital Group from a “strong-buy” rating to a “buy” rating in a research note on Monday, July 24th. Keefe, Bruyette & Woods assumed coverage on shares of Encore Capital Group in a research note on Wednesday, May 24th. They set an “outperform” rating and a $45.00 price objective for the company. ValuEngine upgraded shares of Encore Capital Group from a “buy” rating to a “strong-buy” rating in a research note on Friday, September 1st. Finally, Northland Securities restated a “hold” rating and set a $44.00 price objective on shares of Encore Capital Group in a research note on Friday, August 4th. Six equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $37.58.
Shares of Encore Capital Group (ECPG) traded down 1.60% during midday trading on Friday, reaching $40.00. 207,987 shares of the company traded hands. The firm has a market capitalization of $1.03 billion, a PE ratio of 16.39 and a beta of 1.77. The company has a 50-day moving average of $40.11 and a 200 day moving average of $36.68. Encore Capital Group has a 12-month low of $17.66 and a 12-month high of $43.65.
Encore Capital Group (NASDAQ:ECPG) last posted its earnings results on Thursday, August 3rd. The asset manager reported $0.87 EPS for the quarter, topping the consensus estimate of $0.82 by $0.05. The company had revenue of $290.92 million during the quarter, compared to the consensus estimate of $275.18 million. Encore Capital Group had a net margin of 6.28% and a return on equity of 12.38%. The firm’s revenue for the quarter was up .5% on a year-over-year basis. During the same period in the previous year, the firm posted $1.29 earnings per share. On average, equities analysts forecast that Encore Capital Group will post $3.69 earnings per share for the current year.
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About Encore Capital Group
Encore Capital Group, Inc, through its subsidiaries, is a specialty finance company providing debt recovery solutions for consumers and property owners across a range of financial assets. The Company operates through Portfolio Purchasing and Recovery segment. The Company’s geographical segments include the United States, Europe and other.
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