Encore Capital Group Inc. (NASDAQ:ECPG) went up by 2.61% from its latest closing price compared to the recent 1-year high of $72.67. The company’s stock price has collected -0.95% of loss in the last five trading sessions.
Is It Worth Investing in Encore Capital Group Inc. (NASDAQ :ECPG) Right Now?
Encore Capital Group Inc. (NASDAQ:ECPG) scored a price-to-earnings ratio above its average ratio, recording 3.89 x from its present earnings ratio. Plus, the 36-month beta value for ECPG is at 1.27. Opinions of the stock are interesting as 4 analysts out of 6 who provided ratings for Encore Capital Group Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 2 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $75.75, which is $18.7 above the current price. ECPG currently public float of 23.68M and currently shorts hold a 16.09% ratio of that float. Today, the average trading volume of ECPG was 272.29K shares.
ECPG’s Market Performance
ECPG stocks went down by -0.95% for the week, with a monthly jump of 0.28% and a quarterly performance of -11.63%, while its annual performance rate touched 20.13%. The volatility ratio for the week stands at 2.82% while the volatility levels for the past 30 days are set at 2.53% for Encore Capital Group Inc. The simple moving average for the period of the last 20 days is -3.12% for ECPG stocks with a simple moving average of -3.36% for the last 200 days.
Analysts’ Opinion of ECPG
Many brokerage firms have already submitted their reports for ECPG stocks, with Oppenheimer repeating the rating for ECPG by listing it as an “Outperform.” The predicted price for ECPG in the upcoming period, according to Oppenheimer is $37 based on the research report published on January 15th of the previous year 2019.
Buckingham Research, on the other hand, stated in their research note that they expect to see ECPG reach a price target of $38. The rating they have provided for ECPG stocks is “Buy” according to the report published on January 03rd, 2019.
ECPG Trading at -3.66% from the 50-Day Moving Average
After a stumble in the market that brought ECPG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now setting with -21.49% of loss for the given period.
Volatility was left at 2.53%, however, over the last 30 days, the volatility rate increased by 2.82%, as shares arise +1.24% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.67% lower at present.
During the last 5 trading sessions, ECPG fell by -0.95%, which changed the moving average for the period of 200-days by +18.63% in comparison to the 20-day moving average, which settled at $58.92. In addition, Encore Capital Group Inc. saw -8.15% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at ECPG starting from Bell Ryan B, who sale 6,662 shares at the price of $63.60 back on Mar 11. After this action, Bell Ryan B now owns 39,457 shares of Encore Capital Group Inc ., valued at $423,678 using the latest closing price.
Call Gregory L., the EVP, GC, CAO & Secretary of Encore Capital Group Inc., comes out 4,699 shares at $67.12 during a trade that took place back on Jan 18, which means that Call Gregory L. is holding 34,877 shares at $315,397 based on the most recent closing price.
Stock Fundamentals for ECPG
Current profitability levels for the company are sitting at:
- +37.57 for the present operating margin
- +70.84 for the gross margin
The net margin for Encore Capital Group Inc. stands at +22.32. Equity return is now at value 32.70, with 9.30 for asset returns.
George is Digismak’s reported cum editor with 13 years of experience in Journalism