BidaskClub upgraded shares of EZCORP (NASDAQ:EZPW) from a buy rating to a strong-buy rating in a report published on Thursday morning.
Other equities analysts have also recently issued reports about the company. Zacks Investment Research raised EZCORP from a hold rating to a strong-buy rating and set a $14.00 price objective for the company in a report on Thursday, February 1st. ValuEngine raised EZCORP from a buy rating to a strong-buy rating in a report on Friday, February 2nd. Finally, Jefferies Group reaffirmed a buy rating and set a $13.00 price objective on shares of EZCORP in a report on Friday, November 17th. Two investment analysts have rated the stock with a hold rating, one has given a buy rating and three have issued a strong buy rating to the stock. EZCORP currently has a consensus rating of Buy and an average price target of $13.50.
Shares of EZCORP (NASDAQ EZPW) opened at $13.55 on Thursday. The company has a quick ratio of 5.47, a current ratio of 7.77 and a debt-to-equity ratio of 0.44. EZCORP has a 12 month low of $7.55 and a 12 month high of $13.75. The firm has a market capitalization of $737.99, a P/E ratio of 18.31 and a beta of 1.62.
A number of hedge funds have recently modified their holdings of the stock. Cambridge Investment Research Advisors Inc. raised its holdings in EZCORP by 6.3% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 73,821 shares of the credit services provider’s stock worth $901,000 after purchasing an additional 4,376 shares during the last quarter. MetLife Investment Advisors LLC acquired a new position in EZCORP during the fourth quarter worth $312,000. Municipal Employees Retirement System of Michigan raised its holdings in EZCORP by 18.3% during the fourth quarter. Municipal Employees Retirement System of Michigan now owns 279,910 shares of the credit services provider’s stock worth $3,415,000 after purchasing an additional 43,220 shares during the last quarter. Philadelphia Financial Management of San Francisco LLC raised its holdings in EZCORP by 69.9% during the fourth quarter. Philadelphia Financial Management of San Francisco LLC now owns 1,151,389 shares of the credit services provider’s stock worth $14,047,000 after purchasing an additional 473,802 shares during the last quarter. Finally, PEAK6 Investments L.P. acquired a new position in EZCORP during the fourth quarter worth $135,000. 92.48% of the stock is owned by hedge funds and other institutional investors.
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EZCORP Company Profile
EZCORP, Inc provides pawn loans in the United States and Mexico, and consumer loans in Mexico. The Company operates through three segments: U.S. Pawn, which includes its EZPAWN, Value Pawn & Jewelry and other branded pawn operations in the United States; Mexico Pawn, which includes its Empeno Facil pawn operations and cash converters buy/sell store operations in Mexico, and Other International, which includes its CASHMAX financial services operations in Canada and its equity interest in Cash Converters International.
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