EZCORP (NASDAQ:EZPW) Coverage Initiated at Roth Mkm

Investment analysts at Roth Mkm assumed coverage on shares of EZCORP (NASDAQ:EZPW) in a research note issued on Monday, MarketBeat.com reports. The firm set a “buy” rating and a $16.00 price target on the credit services provider’s stock. Roth Mkm’s price objective suggests a potential upside of 14.70% from the stock’s current price.

EZPW has been the subject of several other research reports. Stephens reaffirmed an “equal weight” rating and set a $13.50 price target on shares of EZCORP in a research note on Thursday, February 6th. Canaccord Genuity Group lifted their price target on shares of EZCORP from $19.00 to $22.00 and gave the stock a “buy” rating in a report on Friday, February 7th. One analyst has rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, EZCORP presently has a consensus rating of “Buy” and an average price target of $16.88.

EZCORP Stock Up 1.0 %

Shares of NASDAQ EZPW opened at $13.95 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 $766.40 million, a P/E ratio of 12.13 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 $13.00 and a two-hundred day simple moving average of $12.18.

EZCORP (NASDAQ:EZPW) last announced its quarterly earnings data 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.

Hedge Funds Weigh In On EZCORP

Several institutional investors and hedge funds have recently bought and sold shares of EZPW. GAMMA Investing LLC grew its holdings in EZCORP by 97.0% in the fourth quarter. GAMMA Investing LLC now owns 3,156 shares of the credit services provider’s stock worth $39,000 after purchasing an additional 1,554 shares during the last quarter. KLP Kapitalforvaltning AS acquired a new stake in shares of EZCORP during the fourth quarter worth $122,000. Sherbrooke Park Advisers LLC acquired a new stake in shares of EZCORP during the fourth quarter worth $138,000. Los Angeles Capital Management LLC acquired a new stake in shares of EZCORP during the third quarter worth $150,000. Finally, LPL Financial LLC lifted its stake in shares of EZCORP by 39.3% during the fourth quarter. LPL Financial LLC now owns 14,430 shares of the credit services provider’s stock worth $176,000 after buying an additional 4,070 shares during the period. 99.83% of the stock is owned by hedge funds and other 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.