EZCORP (NASDAQ:EZPW) Rating Increased to Strong-Buy at Roth Capital

Roth Capital upgraded shares of EZCORP (NASDAQ:EZPW) to a strong-buy rating in a research note published on Monday,Zacks.com reports.

A number of other equities research analysts have also weighed in on the stock. Canaccord Genuity Group boosted their price objective on shares of EZCORP from $19.00 to $22.00 and gave the company a “buy” rating in a report on Friday, February 7th. Stephens restated an “equal weight” rating and set a $13.50 target price on shares of EZCORP in a research report on Thursday, February 6th. Finally, Roth Mkm started coverage on shares of EZCORP in a research report on Monday. They set a “buy” rating and a $16.00 target price for the company. One equities research analyst has rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, EZCORP has an average rating of “Buy” and an average target price of $17.17.

EZCORP Stock Up 2.7 %

Shares of NASDAQ EZPW opened at $13.81 on Monday. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.91 and a quick ratio of 2.13. The company has a market cap of $758.71 million, a P/E ratio of 12.01 and a beta of 0.89. EZCORP has a 1 year low of $9.66 and a 1 year high of $14.50. The firm has a 50-day simple moving average of $12.97 and a two-hundred day simple moving average of $12.17.

EZCORP (NASDAQ:EZPW) last released its quarterly earnings results on Wednesday, February 5th. The credit services provider reported $0.42 earnings per share (EPS) for the quarter, topping 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%. Research analysts anticipate that EZCORP will post 1.3 earnings per share for the current year.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of EZPW. Los Angeles Capital Management LLC acquired a new position in shares of EZCORP in the third quarter worth about $150,000. Oppenheimer Asset Management Inc. acquired a new position in shares of EZCORP in the third quarter worth about $181,000. Royce & Associates LP raised its position in shares of EZCORP by 19.2% in the third quarter. Royce & Associates LP now owns 370,697 shares of the credit services provider’s stock worth $4,156,000 after acquiring an additional 59,795 shares during the period. Empowered Funds LLC raised its position in shares of EZCORP by 5.3% in the third quarter. Empowered Funds LLC now owns 324,807 shares of the credit services provider’s stock worth $3,641,000 after acquiring an additional 16,482 shares during the period. Finally, Quest Partners LLC raised its position in shares of EZCORP by 32.6% in the third quarter. Quest Partners LLC now owns 107,565 shares of the credit services provider’s stock worth $1,206,000 after acquiring an additional 26,419 shares during the period. Institutional investors and hedge funds own 99.83% of the company’s stock.

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.