EZCORP (NASDAQ:EZPW) Posts Quarterly Earnings Results, Beats Estimates By $0.07 EPS

EZCORP (NASDAQ:EZPW) issued its quarterly earnings results on Wednesday. The credit services provider reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.07, Zacks reports. EZCORP had a return on equity of 10.65% and a net margin of 7.15%.

EZCORP Price Performance

Shares of EZPW stock traded up $0.17 during trading hours on Wednesday, reaching $12.24. The company’s stock had a trading volume of 1,236,483 shares, compared to its average volume of 477,089. EZCORP has a fifty-two week low of $9.65 and a fifty-two week high of $12.85. The firm’s 50 day simple moving average is $12.21 and its 200-day simple moving average is $11.68. The company has a quick ratio of 1.99, a current ratio of 2.71 and a debt-to-equity ratio of 0.28. The company has a market capitalization of $666.71 million, a price-to-earnings ratio of 11.03 and a beta of 1.01.

Wall Street Analyst Weigh In

Separately, Stephens initiated coverage on EZCORP in a research note on Wednesday, November 13th. They issued an “equal weight” rating and a $13.00 price target for the company.

Insider Transactions at EZCORP

In related news, insider Sunil Sajnani sold 34,493 shares of the business’s stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $12.42, for a total transaction of $428,403.06. Following the sale, the insider now owns 66,242 shares in the company, valued at $822,725.64. The trade was a 34.24 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CRO Nicole Swies sold 10,000 shares of the company’s stock in a transaction dated Thursday, December 5th. The stock was sold at an average price of $12.47, for a total value of $124,700.00. Following the completion of the transaction, the executive now directly owns 101,813 shares of the company’s stock, valued at approximately $1,269,608.11. The trade was a 8.94 % decrease in their position. The disclosure for this sale can be found here. 2.13% of the stock is owned by insiders.

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.