Curo Group Holdings Corp (NYSE:CURO) Receives $22.75 Consensus Price Target from Analysts

Shares of Curo Group Holdings Corp (NYSE:CURO) have received a consensus rating of “Buy” from the six analysts that are covering the firm, Marketbeat.com reports. One analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average 12-month price target among brokers that have covered the stock in the last year is $22.75.

A number of research analysts have recently commented on CURO shares. ValuEngine raised shares of Curo Group from a “sell” rating to a “hold” rating in a research report on Thursday, August 1st. Buckingham Research started coverage on shares of Curo Group in a research report on Tuesday, August 13th. They set a “buy” rating and a $19.00 target price on the stock. Finally, Zacks Investment Research raised shares of Curo Group from a “hold” rating to a “buy” rating and set a $14.00 target price on the stock in a research report on Friday, August 2nd.

Shares of NYSE CURO traded up $0.40 during trading on Tuesday, reaching $13.20. 244,900 shares of the stock were exchanged, compared to its average volume of 323,650. The business’s 50-day moving average price is $11.46 and its 200 day moving average price is $10.86. Curo Group has a twelve month low of $8.73 and a twelve month high of $32.20. The company has a quick ratio of 2.86, a current ratio of 2.86 and a debt-to-equity ratio of 13.39. The company has a market capitalization of $579.43 million, a price-to-earnings ratio of 7.63 and a beta of 3.72.

Curo Group (NYSE:CURO) last posted its earnings results on Monday, July 29th. The company reported $0.48 EPS for the quarter, topping analysts’ consensus estimates of $0.39 by $0.09. Curo Group had a negative net margin of 2.94% and a positive return on equity of 429.23%. The business had revenue of $264.30 million for the quarter, compared to analysts’ expectations of $270.32 million. As a group, sell-side analysts expect that Curo Group will post 2.51 earnings per share for the current fiscal year.

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Squarepoint Ops LLC raised its holdings in Curo Group by 12.1% in the fourth quarter. Squarepoint Ops LLC now owns 17,747 shares of the company’s stock valued at $168,000 after acquiring an additional 1,916 shares in the last quarter. Northern Trust Corp raised its holdings in Curo Group by 1.4% in the fourth quarter. Northern Trust Corp now owns 147,393 shares of the company’s stock valued at $1,398,000 after acquiring an additional 2,066 shares in the last quarter. Parametric Portfolio Associates LLC raised its holdings in Curo Group by 13.9% in the second quarter. Parametric Portfolio Associates LLC now owns 17,159 shares of the company’s stock valued at $190,000 after acquiring an additional 2,096 shares in the last quarter. BNP Paribas Arbitrage SA raised its holdings in Curo Group by 3,582.4% in the first quarter. BNP Paribas Arbitrage SA now owns 2,504 shares of the company’s stock valued at $25,000 after acquiring an additional 2,436 shares in the last quarter. Finally, Bank of Montreal Can raised its holdings in Curo Group by 367.7% in the second quarter. Bank of Montreal Can now owns 3,124 shares of the company’s stock valued at $34,000 after acquiring an additional 2,456 shares in the last quarter. 48.86% of the stock is currently owned by hedge funds and other institutional investors.

Curo Group Company Profile

CURO Group Holdings Corp., a diversified consumer finance company, provides consumer finance to a range of underbanked consumers in the United States, Canada, and the United Kingdom. It offers unsecured installment loans, secured installment loans, open-end loans, and single-pay loans, as well as ancillary financial products, including check cashing, proprietary reloadable prepaid debit cards, credit protection insurance, gold buying, retail installment sales, and money transfer services.

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