EZCORP, Inc. (NASDAQ:EZPW) shares saw a recent bid of $8.90 and 968.09TH shares have exchanged hands in the recent trading session, yielding a 5.95% gain over the past week.EZPW price increased 1.14% or $-0.1 versus $8.80 at the end of the prior session. This change led market cap to move at $463.96M, putting the price -25.83% below the 52-week high and 17.88% above the 52-week low. The company’s stock has a normal trading capacity of 583.37K shares while the relative volume is 1.66.
Is EZCORP, Inc. (NASDAQ:EZPW) Worth Buying?
By historical standards, EZCORP, Inc. (NASDAQ:EZPW) remains a cheap stock. EZPW’s current price-earnings ratio amounts to 63.94 times earnings, above the average P/E ratio of 53.75 times earnings. For now, EZPW is the toast of Wall Street as its ABR stands at 2.70 with 1 out of 3 analysts rating the stock a buy. Over the short term, some market observers may have noticed that It has a 10.62% short float with 15 days to cover. The Stock becomes significant when you consider how many shares are shorted versus the average daily volume, means how many days to cover those short shares at that volume. Company has far performed well this year, with the share price down -16.43% since January. Over the past 2 quarters, EZCORP, Inc. (NASDAQ:EZPW) is down -3.78%, compared with a gain of nearly 1.71% for 3 months and about 17.11% for the past 30 days.
EZCORP, Inc. (EZPW) Has Mean Target Price of $10.50
To stay one step ahead we extended our research by comparing different price targets. EZCORP, Inc. (NASDAQ:EZPW) notched a 12-month high of $10.83 while $13.00 target is by far the most aggressive out of analysts who are currently evaluating EZPW, $2.17 higher than the next highest 52-week price estimate. The lowest 12-month price target for the shares is $9.00, which would be an increase of about 1% of its current value. The mean target of $10.50 should be compared with the price when the stock was languishing around $7.55 a share. And it remains to be seen which target price EZPW can achieve without sacrificing much as the company is holding a -2.84% fall for the past twelve months.
EZCORP, Inc. Revenue Estimate is $758.48 Million
Last time, the company shocked Wall Street by reporting EPS of $0.10, smashing the consensus of $0.10 per share. Revenue for the quarter also killed consensus, coming in at $183.63 Million, compared to the consensus of 180.43 Million. Nonetheless, from here on out, earnings per share forecasts for the current quarter are $0.10. The company is expected to report EPS as high as $0.11 and as low as $0.08 per share. Similarly, full-year EPS forecasts have ranged between $0.52 and $0.55. The mean EPS estimate is $0.53. On the other side, sales forecasts for the current quarter are $180.43 Million. The stock is expected to report revenue as high as $180.43 Million and as low as $180.43 Million per share. Similarly, full-year sales forecasts have ranged between $755.92 Million and $761.03 Million. The mean revenue estimate is $758.48 Million.
Over the last 5 years, EZCORP, Inc. has averaged a -15.00% YoY EPS growth rate and a -3.00% revenue growth rate. Analysts are expecting EPS growth rates to be at 97.20% this quarter and EPS estimate for next year reflect 34.63% growth rate.
What Guru’s think About Is EZCORP, Inc. (NASDAQ:EZPW)
Sell-side analysts also have something to say about this EZPW. Jefferies raised its rating on EZCORP, Inc. to Buy on 04/08/2017 in a reversal from its prior Hold rating. Wells Fargo had a markedly different take on 12/12/2016, proposing that EZPW is now considered Market Perform versus prior Outperform rating. CL King raised its rating on EZCORP, Inc. to Buy on 17/08/2016 in a reversal from its prior Neutral rating. Wells Fargo raised its rating on EZCORP, Inc. to Outperform on 07/07/2016 in a reversal from its prior Market Perform rating.