Encore Capital Group (ECPG) Receiving Favorable News Coverage, Analysis Finds
Press coverage about Encore Capital Group (NASDAQ:ECPG) has trended positive this week, Accern Sentiment reports. The research group ranks the sentiment of media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Encore Capital Group earned a news impact score of 0.41 on Accern’s scale. Accern also assigned news stories about the asset manager an impact score of 45.9151861620767 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the media headlines that may have effected Accern Sentiment Analysis’s analysis:
- Zacks: Analysts Anticipate Encore Capital Group Inc (ECPG) Will Post Earnings of $0.91 Per Share (americanbankingnews.com)
- Encore Capital Group, Inc. :ECPG-US: Earnings Analysis: Q2, 2017 By the Numbers : September 25, 2017 (finance.yahoo.com)
- ETFs with exposure to Encore Capital Group, Inc. : September 26, 2017 (finance.yahoo.com)
- Is Encore Capital Group Inc’s (ECPG) PE Ratio A Signal To Sell For Investors? (finance.yahoo.com)
- Fitbit, Inc. (FIT) noted a price change of 6.24% and Encore Capital Group, Inc. (ECPG) closes with a move of 1.62% – Stocks Gallery (stocksgallery.com)
Encore Capital Group (NASDAQ:ECPG) traded up 1.23% on Thursday, hitting $45.35. The company had a trading volume of 151,421 shares. The stock’s 50-day moving average price is $40.94 and its 200 day moving average price is $37.79. The company has a market capitalization of $1.17 billion, a P/E ratio of 18.58 and a beta of 1.79. Encore Capital Group has a one year low of $17.66 and a one year high of $46.10.
Encore Capital Group (NASDAQ:ECPG) last issued its earnings results on Thursday, August 3rd. The asset manager reported $0.87 EPS for the quarter, beating analysts’ consensus estimates of $0.82 by $0.05. Encore Capital Group had a return on equity of 12.38% and a net margin of 6.28%. The business had revenue of $290.92 million during the quarter, compared to analyst estimates of $275.18 million. During the same period in the previous year, the company posted $1.29 EPS. The firm’s revenue was up .5% compared to the same quarter last year. On average, analysts expect that Encore Capital Group will post $3.69 EPS for the current fiscal year.
A number of research analysts recently issued reports on ECPG shares. BidaskClub downgraded Encore Capital Group from a “strong-buy” rating to a “buy” rating in a report on Monday, July 24th. Keefe, Bruyette & Woods reiterated a “buy” rating and set a $49.50 price objective on shares of Encore Capital Group in a report on Thursday, August 10th. Zacks Investment Research upgraded Encore Capital Group from a “sell” rating to a “hold” rating in a report on Monday, August 7th. Northland Securities reiterated a “hold” rating and set a $44.00 price objective on shares of Encore Capital Group in a report on Friday, August 4th. Finally, ValuEngine upgraded Encore Capital Group from a “buy” rating to a “strong-buy” rating in a report on Friday, September 1st. Six research analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company. Encore Capital Group presently has an average rating of “Hold” and a consensus target price of $38.88.
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Encore Capital Group Company Profile
Encore Capital Group, Inc, through its subsidiaries, is a specialty finance company providing debt recovery solutions for consumers and property owners across a range of financial assets. The Company operates through Portfolio Purchasing and Recovery segment. The Company’s geographical segments include the United States, Europe and other.
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