Why Should You Put EZCORP Inc. (NASDAQ: EZPW) On Your Portfolio?


    Dimensional Fund Advisors LP recently announced the acquisition of new stake in EZCORP Inc. (NASDAQ:EZPW). The institutional investor has increased its shareholding in the Financial company by 1.29% to 4.34 million shares with purchase of 55269.0 shares. This fresh investment now brings its stake to 8.32% valued currently at $22.38 million. In addition, The Vanguard Group, Inc. raised its holdings by 0.12 million to 3.27 million shares. And Renaissance Technologies LLC has lifted its position by 10.74% or 0.29 million shares – to 2.97 million shares.

    With over 0.71 million EZCORP Inc. (EZPW) shares trading Tuesday and a closing price of $5.99 on the day, the dollar volume was approximately $4.24 million. The shares have shown a negative weekly performance of -4.47% and its price on 07/07/20 lost nearly -1.48%. Currently, there are 55.45M common shares owned by the public and among those 49.14M shares have been available to trade.

    An analysis of what Wall Street brokers have to say about the expected price targets for this stock gives us this picture: 3 analysts who have offered their price forecasts for EZPW have a consensus price objective of $7.33. The analysts have set the share’s price value over the next 12 months at a high of $9.00 and a low of $5.00 should the stock experience a downside. Incidentally, analysts’ outlook for the EZCORP Inc. stock is 2.00 for the next 12 months. The average price target is 18.28% above its last price level and an upside to the estimated low will see the stock lose -19.8% over that period. But an upside of 33.44% will see the stock hit the forecast high price target while mean target price for the stock is $8.00.

    Insiders at the company have transacted a total of 39 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 24 of these insider trades were purchases, accounting for 850,923 shares. Insider sales of the common stock occurred on 15 occasions, with total insider shares sold totaling 259,182 shares.

    The top 3 mutual fund holders in EZCORP Inc. are iShares Core S&P Small Cap ETF, Vanguard Total Stock Market Index, and DFA US Small Cap Value Portfolio. iShares Core S&P Small Cap ETF owns 3.13 million shares of the company’s stock, all valued at over $16.17 million. The company bought an additional 1385.0 shares recently to bring their total holdings to about 6.01% of the shares outstanding. Vanguard Total Stock Market Index has total holdings of 1.42 million shares valued at over $7.34 million and representing 2.73% of the shares outstanding. DFA US Small Cap Value Portfolio has total holdings to over 1.38 million shares at a value of $7.14 million. DFA US Small Cap Value Portfolio now owns shares totaling to 2.66% of the shares outstanding.

    Shares of EZCORP Inc. (NASDAQ: EZPW) opened at $6.03, down -$0.05 from a prior closing price of $6.08. However, the script later closed the day at $5.99, down -1.48%. The company’s stock has a 5-day price change of -4.47% and 31.07% over the past three months. EZPW shares are trading -12.17% year to date (YTD), with the 12-month market performance down to -38.12% lower. It has a 12-month low price of $3.41 and touched a high of $10.20 over the same period. Currently, 0.71 million shares have been traded, compared to an average intraday trading volume of 586.40K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -3.87%, 5.84%, and 9.02% respectively.

    Institutional ownership of EZCORP Inc. (NASDAQ: EZPW) shares accounts for 93.80% of the company’s 55.45M shares outstanding. Mutual fund holders own 43.54%, while other institutional holders and individual stakeholders account for 49.49% and 10.78% respectively.

    It has a market capitalization of $332.39M and a beta (3y monthly) value of 1.82. The stock’s earnings-per-share (ttm) stands at -$0.66. The company has a Quick Ratio of 3.70 with the debt-to-equity ratio at 0.36. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.57% over the week and 4.91% over the month.

    Analysts forecast that EZCORP Inc. (EZPW) will achieve an EPS of $0.12 for the current quarter, $0.14 for the next quarter and $0.82 for 2021. The lowest estimate earnings-per-share for the quarter is $0.07 while analysts give the company a high EPS estimate of $0.17. Comparatively, EPS for the current quarter was $0.18 a year ago. Earnings per share for the fiscal year are expected to decrease by -92.80%, and 38.47% over the next financial year. EPS should grow at an annualized rate of 5.00% over the next five years, compared to -21.50% over the past 5-year period.

    If you are looking to buy this stock, then you may note that the average analyst recommendation by 3 brokerage firm advisors rate EZCORP Inc. (EZPW) as a “Moderate Buy” at a consensus score of 2.00. Specifically, 2 Wall Street analysts polled rate the stock as a buy, while 1 of the 3 advise that investors “hold,” and 0 rated it as a “Sell.”

    Looking at the support for the EZPW, a number of firms have released research notes about the stock. B. Riley FBR stated their Buy rating for the stock in a research note on April 12, 2019, with the firm’s price target at $14. Sidoti coverage for the EZCORP Inc. (EZPW) stock in a research note released on June 28, 2018 offered a Buy rating with a price target of. Jefferies was of a view on August 04, 2017 that the stock is Buy, while Wells Fargo gave the stock Market Perform rating on December 12, 2016. CL King on their part issued Buy rating on August 17, 2016.


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