World Acceptance (WRLD) Scheduled to Post Quarterly Earnings on Thursday

World Acceptance (NASDAQ:WRLDGet Rating) will post its quarterly earnings results before the market opens on Thursday, January 26th. Analysts expect World Acceptance to post earnings of ($0.01) per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

World Acceptance (NASDAQ:WRLDGet Rating) last issued its quarterly earnings data on Thursday, October 27th. The credit services provider reported ($0.20) earnings per share for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.39). World Acceptance had a net margin of 2.49% and a return on equity of 8.34%. The firm had revenue of $151.23 million during the quarter, compared to analysts’ expectations of $145.95 million. On average, analysts expect World Acceptance to post $4 EPS for the current fiscal year and $9 EPS for the next fiscal year.

World Acceptance Price Performance

Shares of NASDAQ WRLD opened at $80.25 on Wednesday. The stock has a market cap of $502.12 million, a P/E ratio of 34.29 and a beta of 1.29. The company has a current ratio of 18.27, a quick ratio of 18.27 and a debt-to-equity ratio of 2.09. The stock has a 50 day moving average of $69.86 and a two-hundred day moving average of $93.91. World Acceptance has a twelve month low of $58.44 and a twelve month high of $228.70.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the company. Stephens lowered their target price on World Acceptance from $105.00 to $87.00 and set an “underweight” rating on the stock in a report on Friday, October 28th. StockNews.com downgraded World Acceptance from a “buy” rating to a “hold” rating in a research report on Wednesday, October 19th.

Institutional Investors Weigh In On World Acceptance

A number of large investors have recently modified their holdings of WRLD. JPMorgan Chase & Co. grew its stake in shares of World Acceptance by 127.8% in the first quarter. JPMorgan Chase & Co. now owns 7,439 shares of the credit services provider’s stock valued at $1,428,000 after buying an additional 4,173 shares in the last quarter. American Century Companies Inc. lifted its holdings in World Acceptance by 20.1% during the 1st quarter. American Century Companies Inc. now owns 10,709 shares of the credit services provider’s stock worth $2,054,000 after buying an additional 1,791 shares during the last quarter. MetLife Investment Management LLC lifted its holdings in shares of World Acceptance by 57.0% in the 1st quarter. MetLife Investment Management LLC now owns 2,385 shares of the credit services provider’s stock worth $458,000 after purchasing an additional 866 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in shares of World Acceptance by 11.4% in the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 3,555 shares of the credit services provider’s stock worth $682,000 after purchasing an additional 365 shares during the last quarter. Finally, Hsbc Holdings PLC bought a new stake in shares of World Acceptance in the 1st quarter worth approximately $229,000. Institutional investors and hedge funds own 88.54% of the company’s stock.

World Acceptance Company Profile

(Get Rating)

World Acceptance Corporation, together with its subsidiaries, engages in small-loan consumer finance business. The company offers short-term small installment loans, medium-term larger installment loans, related credit insurance, and ancillary products and services to individuals. It also provides automobile club memberships to its borrowers; and income tax return preparation and electronic filing services.

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Earnings History for World Acceptance (NASDAQ:WRLD)

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