$ 2.05 EPS expected for World Acceptance Co. (NASDAQ: WRLD) this quarter

Stock analysts expect World Acceptance Co. (NASDAQ: WRLD) to report earnings per share (EPS) of $ 2.05 for the current fiscal quarter, according to Zack. Two analysts provided earnings estimates for World Acceptance. The lowest EPS estimate is $ 1.52 and the highest is $ 2.58. World Acceptance reported earnings per share of $ 1.96 for the same quarter last year, which would indicate a positive year-over-year growth rate of 4.6%. The company is expected to announce its next earnings report on Thursday, October 28.

According to Zacks, analysts expect World Acceptance to report annual earnings of $ 11.10 per share for the current year, with EPS estimates ranging from $ 9.82 to $ 12.37. For the next fiscal year, analysts expect the company to post earnings of $ 9.66 per share, with EPS estimates ranging from $ 7.02 to $ 12.30. Zacks earnings per share averages are an average based on a survey of analysts who cover global acceptance.

World Acceptance (NASDAQ: WRLD) last released its quarterly results on Tuesday, July 20. The credit services provider reported earnings of $ 2.44 per share for the quarter, beating the consensus estimate of $ 2.01 by $ 0.43. World Acceptance recorded a return on equity of 23.05% and a net margin of 16.67%. The company posted revenue of $ 129.66 million for the quarter, compared to a consensus estimate of $ 122.77 million.

Several brokerage firms have weighed in on WRLD recently. Stephens raised global acceptance from an “underweight” rating to an “equal weight” rating and increased its price target for the share from $ 112.00 to $ 140.00 in a report released on Thursday July 22. Zacks investment research reduced global acceptance of a “strong buy” rating to a “conservation” rating in a research report released Wednesday, September 22.

(A d)

He called the # 1 tech stocks of 2016, 2018, 2019 AND 2020 … Now American forecasting legend Jeff Brown says:

“No one is paying attention to this technology… But it’s about to change the types of homes, cars and investments you can own (and enjoy)… In ways we don’t have seen for over 400 years. “

Actions of NASDAQ WRLD open for $ 196.99 Monday. The company has a debt to equity ratio of 1.15, a rapid ratio of 13.37 and a current ratio of 13.37. The company’s 50-day mobile average price is $ 190.83, and its 200-day mobile average price is $ 163.26. World Acceptance has a minimum of $ 52.44 over 52 weeks and a maximum of $ 209 over 52 weeks. The company has a market cap of $ 1.32 billion, a price-to-earnings ratio of 14.47 and a beta of 1.62.

Separately, insider Daniel Clinton Dyer sold 252 shares of the company in a trade on Friday, August 20. The stock was sold for an average price of $ 186.53, for a total value of $ 47,005.56. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed via the SEC website. Also, director Darrell E. Whitaker sold 1,700 shares of the company in a transaction on Wednesday, July 21. The stock was sold for an average price of $ 175.00, for a total value of $ 297,500.00. Disclosure of this sale can be found here. During the last quarter, insiders sold 23,470 shares of the company valued at $ 4,366,576. Company insiders own 39.00% of the shares of the company.

A number of hedge funds and other institutional investors have recently changed their positions in the company. Macquarie Group Ltd. acquired a new position in World Acceptance in the second quarter valued at $ 29,000. Acadian Asset Management LLC acquired a new equity interest in World Acceptance during the first quarter valued at approximately $ 31,000. Eaton Vance Management acquired a new equity interest in World Acceptance during the first quarter valued at approximately $ 38,000. Wagner Wealth Management LLC acquired a new equity stake in World Acceptance during the first quarter valued at approximately $ 39,000. Finally, Advisor Group Holdings Inc. increased its stake in World Acceptance shares by 107.0% during the second quarter. Advisor Group Holdings Inc. now owns 534 shares of the credit service provider valued at $ 86,000 after purchasing an additional 276 shares during the period. 83.60% of the shares are currently held by institutional investors.

Global Acceptance Company Profile

World Acceptance Corp. is active in the consumer credit sector for small loans. It offers small short-term loans, larger medium-term loans, associated credit insurance, ancillary products and services to individuals. The company also offers tax preparation services to its clients. The company also markets computer software and related services to financial services companies through its subsidiary ParaData Financial Systems.

Read more: How do investors use the RSI to rate stocks?

Get a free copy of Zacks’ Global Acceptance Research Report (WRLD)

For more information on Zacks Investment Research’s research offerings, visit Zacks.com

Profit History and Estimates for Global Acceptance (NASDAQ: WRLD)

This instant news alert was powered by storytelling technology and MarketBeat financial data to provide readers with the fastest, most accurate reports. This story was reviewed by the MarketBeat editorial team prior to publication. Please send any questions or comments about this story to [email protected]

Should you invest $ 1,000 in World Acceptance now?

Before you consider global acceptance, you’ll want to hear this.

MarketBeat tracks Wall Street’s top-rated and top-performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat identified the five stocks that top analysts quietly whisper to their clients to buy now before the larger market takes hold of… and World Acceptance was not on the list.

While World Acceptance currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.

See the 5 actions here

Source link

About Alma Ackerman

Check Also

Valley National Bancorp (NASDAQ: VLY) Sees Strong Short-Term Interest Growth

Valley National Bancorp (NASDAQ: VLY) saw significant growth in short-term interest during the month of …

Leave a Reply

Your email address will not be published. Required fields are marked *