Analysts expect EZCORP Inc (NASDAQ:EZPW) to announce sales of $209.81 million for the current quarter, according to Zacks. Two analysts have provided estimates for EZCORP’s earnings, with estimates ranging from $209.59 million to $210.02 million. EZCORP reported sales of $199.94 million in the same quarter last year, which indicates a positive year-over-year growth rate of 4.9%. The company is scheduled to report its next quarterly earnings report on Wednesday, August 7th.
According to Zacks, analysts expect that EZCORP will report full-year sales of $856.60 million for the current fiscal year, with estimates ranging from $854.98 million to $858.21 million. For the next financial year, analysts anticipate that the company will report sales of $921.53 million, with estimates ranging from $903.07 million to $940.00 million. Zacks Investment Research’s sales averages are a mean average based on a survey of research firms that follow EZCORP.
EZCORP (NASDAQ:EZPW) last released its quarterly earnings data on Wednesday, May 8th. The credit services provider reported $0.22 earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.01). The firm had revenue of $214.70 million during the quarter, compared to analyst estimates of $219.87 million. EZCORP had a net margin of 1.63% and a return on equity of 6.27%. The business’s revenue for the quarter was up 5.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.21 earnings per share.
Several institutional investors and hedge funds have recently made changes to their positions in EZPW. BNP Paribas Arbitrage SA increased its holdings in shares of EZCORP by 98.7% in the 1st quarter. BNP Paribas Arbitrage SA now owns 11,706 shares of the credit services provider’s stock valued at $109,000 after acquiring an additional 5,814 shares during the last quarter. Two Sigma Securities LLC bought a new stake in shares of EZCORP in the 4th quarter valued at approximately $110,000. First Citizens Bank & Trust Co. bought a new stake in shares of EZCORP in the 2nd quarter valued at approximately $121,000. Oregon Public Employees Retirement Fund bought a new stake in shares of EZCORP in the 4th quarter valued at approximately $152,000. Finally, Metropolitan Life Insurance Co. NY increased its holdings in shares of EZCORP by 437.9% in the 4th quarter. Metropolitan Life Insurance Co. NY now owns 19,779 shares of the credit services provider’s stock valued at $153,000 after acquiring an additional 16,102 shares during the last quarter. 99.30% of the stock is currently owned by institutional investors.
EZCORP stock traded up $0.05 during midday trading on Tuesday, hitting $9.69. 186,845 shares of the company were exchanged, compared to its average volume of 263,051. The stock has a fifty day simple moving average of $9.38. The company has a market cap of $537.26 million, a P/E ratio of 12.27 and a beta of 1.76. The company has a current ratio of 2.93, a quick ratio of 2.28 and a debt-to-equity ratio of 0.31. EZCORP has a fifty-two week low of $7.45 and a fifty-two week high of $12.43.
EZCORP Company Profile
EZCORP, Inc provides pawn loans. It operates through three segments: U.S. Pawn, Latin America Pawn, and Other International. The company offers pawn loans, which are non-recourse loans collateralized by tangible personal property, including jewelry, consumer electronics, power tools, sporting goods, and musical instruments; and sells merchandise, such as collateral forfeited from pawn lending operations and used merchandise purchased from customers.
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