$209.81 Million in Sales Expected for EZCORP Inc (NASDAQ:EZPW) This Quarter

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.

A number of brokerages have issued reports on EZPW. B. Riley set a $169.00 target price on Intercept Pharmaceuticals and gave the company a “buy” rating in a research report on Friday, April 12th. ValuEngine lowered Zynerba Pharmaceuticals from a “buy” rating to a “hold” rating in a research report on Wednesday. TheStreet lowered USD Partners from a “b-” rating to a “c+” rating in a research report on Friday, May 10th. BidaskClub raised Westport Fuel Systems from a “hold” rating to a “buy” rating in a research report on Friday, July 12th. Finally, Zacks Investment Research raised General Moly from a “sell” rating to a “hold” rating in a research report on Thursday, July 11th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $12.50.

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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Earnings History and Estimates for EZCORP (NASDAQ:EZPW)

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