EZCORP (NASDAQ:EZPW) Now Covered by Roth Mkm

Research analysts at Roth Mkm began coverage on shares of EZCORP (NASDAQ:EZPW) in a research note issued to investors on Monday. The brokerage set a “buy” rating and a $16.00 price target on the credit services provider’s stock. Roth Mkm’s price target indicates a potential upside of 18.96% from the company’s previous close.

Several other research analysts also recently commented on EZPW. Canaccord Genuity Group lifted their target price on EZCORP from $19.00 to $22.00 and gave the stock a “buy” rating in a report on Friday, February 7th. Stephens reaffirmed an “equal weight” rating and issued a $13.50 price objective on shares of EZCORP in a research note on Thursday, February 6th.

EZCORP Stock Performance

Shares of EZPW stock opened at $13.45 on Monday. The business’s 50-day moving average price is $12.93 and its 200-day moving average price is $12.15. The firm has a market capitalization of $738.93 million, a price-to-earnings ratio of 11.70 and a beta of 0.89. EZCORP has a 12 month low of $9.66 and a 12 month high of $14.50. The company has a current ratio of 2.91, a quick ratio of 2.13 and a debt-to-equity ratio of 0.27.

EZCORP (NASDAQ:EZPW) last announced its quarterly earnings results on Wednesday, February 5th. The credit services provider reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.07. EZCORP had a net margin of 7.25% and a return on equity of 11.04%. Equities research analysts forecast that EZCORP will post 1.3 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. Teza Capital Management LLC raised its stake in EZCORP by 6.6% during the 4th quarter. Teza Capital Management LLC now owns 14,425 shares of the credit services provider’s stock worth $176,000 after buying an additional 896 shares during the period. GAMMA Investing LLC increased its holdings in shares of EZCORP by 97.0% during the fourth quarter. GAMMA Investing LLC now owns 3,156 shares of the credit services provider’s stock valued at $39,000 after acquiring an additional 1,554 shares in the last quarter. Aigen Investment Management LP increased its holdings in shares of EZCORP by 11.8% during the fourth quarter. Aigen Investment Management LP now owns 19,800 shares of the credit services provider’s stock valued at $242,000 after acquiring an additional 2,088 shares in the last quarter. State Street Corp raised its position in shares of EZCORP by 0.3% during the third quarter. State Street Corp now owns 1,084,777 shares of the credit services provider’s stock worth $12,160,000 after purchasing an additional 2,809 shares during the period. Finally, LPL Financial LLC lifted its holdings in shares of EZCORP by 39.3% in the 4th quarter. LPL Financial LLC now owns 14,430 shares of the credit services provider’s stock worth $176,000 after purchasing an additional 4,070 shares in the last quarter. 99.83% of the stock is owned by institutional investors.

EZCORP Company Profile

EZCORP, Inc provides pawn services in the United States and Latin America. The company operates through three segments: U.S. Pawn, Latin America Pawn, and Other Investments. The company offers pawn loans collateralized by tangible personal property, jewelry, consumer electronics, tools, sporting goods, and musical instruments.