“We have now successfully completed the amendment and extension of our global senior facility, demonstrating yet again that our unified funding structure provides us with one of the best balance sheets in the global credit management services industry,” said Jonathan Clark, Executive Vice President and Chief Financial Officer. (NASDAQ: ECPG), an international specialty finance company, today announced that it had amended and restated its existing global senior secured revolving credit facility agreement to, among other things, reduce the LIBOR and EURIBOR floors from 0.75% to 0.00% and extend the termination date of the facility from September 2024 to September 2025. 11, 2021 (GLOBE NEWSWIRE) - Encore Capital Group, Inc. have gained 5.2% over the past month, and currently trade at a forward P/E of 12.97X and a P/CF of 3.96X.SAN DIEGO, Aug.
beat our consensus estimate by 175%, and for the current fiscal year, EZPW is expected to post earnings of $0.62 per share on revenue of $838.11 million. EZPW has a Zacks Rank of # 2 (Buy) and a Value Score of A, a Growth Score of B, and a Momentum Score of D.Įarnings were strong last quarter. Shares of ECPG have been soaring, and the company still appears to be a decent choice, but what about the rest of the industry? One industry peer that looks good is EZCORP, Inc.
How Does ECPG Stack Up to the Competition? Thus, it seems as though Encore Capital Group shares could still be poised for more gains ahead. Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if Encore Capital Group fits the bill. Fortunately, Encore Capital Group currently has a Zacks Rank of #2 (Buy) thanks to rising earnings estimates. We also need to look at the Zacks Rank for the stock, as this supersedes any trend on the style score front. This isn't enough to put the company in the top echelon of all stocks we cover from a value perspective. On a trailing cash flow basis, the stock currently trades at 5.2X versus its peer group's average of 4.4X. In terms of its value breakdown, the stock currently trades at 5.6X current fiscal year EPS estimates, which is not in-line with the peer industry average of 5.6X.
The stock's Growth and Momentum Scores are B and C, respectively, giving the company a VGM Score of A. Investors should consider the style scores a valuable tool that can help you to pick the most appropriate Zacks Rank stocks based on their individual investment style.Įncore Capital Group has a Value Score of A. These styles are represented by grades running from A to F in the categories of Value, Growth, and Momentum, while there is a combined VGM Score as well. On this front, we can look at the Zacks Style Scores, as they provide investors with an additional way to sort through stocks (beyond looking at the Zacks Rank of a security). This represents a year-over-year change of -21.16% and -7.42%, respectively.Įncore Capital Group may be at a 52-week high right now, but what might the future hold for the stock? A key aspect of this question is taking a look at valuation metrics in order to determine if the company is due for a pullback from this level. For the next fiscal year, the company is expected to earn $10.15 per share on $1.41 billion in revenues. This represents a 14.39% change in EPS on a -5.58% change in revenues. For the current fiscal year, Encore Capital Group is expected to post earnings of $12.88 per share on $1.52 billion in revenues.
0 kommentar(er)
