World Acceptance (WRLD) to Release Quarterly Earnings on Friday

World Acceptance (NASDAQ:WRLD) is projected to release its earnings data before the market opens on Friday, January 17th. Analysts expect World Acceptance to post earnings of $1.23 per share and revenue of $136,670.00 billion for the quarter.

World Acceptance Stock Up 4.0 %

Shares of WRLD traded up $4.57 on Wednesday, reaching $119.98. The company’s stock had a trading volume of 11,552 shares, compared to its average volume of 19,495. World Acceptance has a twelve month low of $101.85 and a twelve month high of $149.31. The stock has a market capitalization of $689.89 million, a PE ratio of 8.16 and a beta of 1.44. The company has a current ratio of 19.53, a quick ratio of 19.53 and a debt-to-equity ratio of 1.21. The firm has a fifty day moving average of $116.73 and a 200-day moving average of $118.17.

Analyst Ratings Changes

Several brokerages recently issued reports on WRLD. Stephens started coverage on World Acceptance in a report on Wednesday, November 13th. They set an “equal weight” rating and a $10.00 price target for the company. StockNews.com upgraded shares of World Acceptance from a “buy” rating to a “strong-buy” rating in a research note on Monday.

Insiders Place Their Bets

In related news, insider Luke J. Umstetter sold 550 shares of the stock in a transaction that occurred on Friday, November 1st. The stock was sold at an average price of $114.30, for a total transaction of $62,865.00. Following the completion of the sale, the insider now directly owns 11,370 shares of the company’s stock, valued at approximately $1,299,591. This trade represents a 4.61 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 43.20% of the company’s stock.

World Acceptance Company Profile

World Acceptance Corporation engages in consumer finance business in the United States. The company provides short-term small installment loans, medium-term larger installment loans, related credit insurance, and ancillary products and services to individuals. It offers income tax return preparation and filing services; and automobile club memberships.