ECPG has been the topic of several other research reports. Northland Securities lifted their target price on Encore Capital Group from $75.00 to $80.00 and gave the company an “outperform” rating in a research report on Tuesday, February 15th. StockNews.com raised Encore Capital Group from a “hold” rating to a “buy” rating in a research report on Friday, May 6th. Finally, Truist Financial lifted their target price on Encore Capital Group from $70.00 to $87.00 in a research report on Thursday, February 24th. One analyst has rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $77.25.
Shares of NASDAQ ECPG traded up $0.20 during midday trading on Monday, hitting $60.56. 188,576 shares of the stock traded hands, compared to its average volume of 374,796. The company has a market cap of $1.47 billion, a PE ratio of 4.13 and a beta of 1.28. Encore Capital Group has a one year low of $43.24 and a one year high of $72.67. The business has a 50 day moving average price of $59.78 and a two-hundred day moving average price of $62.10. The company has a debt-to-equity ratio of 2.35, a quick ratio of 0.70 and a current ratio of 0.70.
In other Encore Capital Group news, insider Ryan B. Bell sold 6,662 shares of the business’s stock in a transaction on Friday, March 11th. The stock was sold at an average price of $63.60, for a total value of $423,703.20. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 2.01% of the stock is currently owned by insiders.
Hedge funds have recently bought and sold shares of the business. Dynamic Technology Lab Private Ltd lifted its position in shares of Encore Capital Group by 134.5% during the 1st quarter. Dynamic Technology Lab Private Ltd now owns 22,935 shares of the asset manager’s stock valued at $1,439,000 after buying an additional 13,155 shares during the last quarter. PDT Partners LLC lifted its position in shares of Encore Capital Group by 125.1% during the 1st quarter. PDT Partners LLC now owns 16,585 shares of the asset manager’s stock valued at $1,040,000 after buying an additional 9,216 shares during the last quarter. Captrust Financial Advisors lifted its position in shares of Encore Capital Group by 4.1% during the 1st quarter. Captrust Financial Advisors now owns 28,842 shares of the asset manager’s stock valued at $1,809,000 after buying an additional 1,130 shares during the last quarter. Wellington Management Group LLP purchased a new position in shares of Encore Capital Group during the 1st quarter valued at $603,000. Finally, Vident Investment Advisory LLC purchased a new position in shares of Encore Capital Group during the 1st quarter valued at $2,007,000.
Encore Capital Group Company Profile (Get Rating)
Encore Capital Group, Inc, a specialty finance company, provides debt recovery solutions and other related services for consumers across financial assets worldwide. The company purchases portfolios of defaulted consumer receivables at deep discounts to face value, as well as manages them by working with individuals as they repay their obligations and works toward financial recovery.
- Get a free copy of the StockNews.com research report on Encore Capital Group (ECPG)
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