World Acceptance Corp. (NASDAQ:WRLD) – Investment analysts at Jefferies Financial Group increased their Q3 2021 earnings per share estimates for World Acceptance in a research report issued to clients and investors on Wednesday, July 8th. Jefferies Financial Group analyst K. Joseph now forecasts that the credit services provider will earn $0.18 per share for the quarter, up from their prior forecast of $0.11. Jefferies Financial Group also issued estimates for World Acceptance’s Q4 2021 earnings at $3.51 EPS.

World Acceptance (NASDAQ:WRLD) last issued its earnings results on Thursday, May 7th. The credit services provider reported $3.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.04 by ($0.80). The business had revenue of $163.05 million during the quarter, compared to the consensus estimate of $169.49 million. World Acceptance had a net margin of 5.20% and a return on equity of 11.98%.

WRLD has been the subject of several other research reports. BidaskClub cut shares of World Acceptance from a “hold” rating to a “sell” rating in a research report on Wednesday, July 1st. Zacks Investment Research raised World Acceptance from a “hold” rating to a “strong-buy” rating and set a $74.00 price objective for the company in a research note on Tuesday, July 7th. Finally, ValuEngine raised World Acceptance from a “sell” rating to a “hold” rating in a research note on Thursday, April 30th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and one has assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $75.33.

Shares of WRLD stock opened at $64.48 on Monday. The firm’s 50 day moving average price is $67.98 and its two-hundred day moving average price is $70.40. The company has a debt-to-equity ratio of 1.34, a quick ratio of 12.70 and a current ratio of 12.70. World Acceptance has a 52-week low of $43.16 and a 52-week high of $174.74. The stock has a market cap of $484.20 million, a PE ratio of 16.37 and a beta of 2.03.

Institutional investors and hedge funds have recently bought and sold shares of the business. Victory Capital Management Inc. increased its position in shares of World Acceptance by 2.6% in the 4th quarter. Victory Capital Management Inc. now owns 26,226 shares of the credit services provider’s stock valued at $2,266,000 after buying an additional 659 shares in the last quarter. Great West Life Assurance Co. Can acquired a new position in World Acceptance in the fourth quarter valued at about $597,000. Credit Suisse AG increased its holdings in shares of World Acceptance by 65.2% in the fourth quarter. Credit Suisse AG now owns 12,441 shares of the credit services provider’s stock worth $1,075,000 after acquiring an additional 4,911 shares in the last quarter. AlphaCrest Capital Management LLC acquired a new stake in shares of World Acceptance during the fourth quarter worth about $337,000. Finally, Oxford Asset Management LLP bought a new position in shares of World Acceptance during the 4th quarter valued at about $501,000. Institutional investors own 99.64% of the company’s stock.

About World Acceptance

World Acceptance Corporation engages in small-loan consumer finance business. The company offers short-term small and medium-term larger installment loans, as well as 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 and Estimates for World Acceptance (NASDAQ:WRLD)

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