Somewhat Favorable News Coverage Somewhat Unlikely to Impact World Acceptance Corporation (WRLD) Stock Price
Media headlines about World Acceptance Corporation (NASDAQ:WRLD) have trended somewhat positive on Thursday, according to Accern. The research group rates the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. World Acceptance Corporation earned a daily sentiment score of 0.12 on Accern’s scale. Accern also assigned news stories about the credit services provider an impact score of 46.785020049957 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the media headlines that may have impacted Accern Sentiment Analysis’s scoring:
- SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of World Acceptance Corporation – WRLD (finance.yahoo.com)
- World Acceptance Corporation (WRLD) Expected to Announce Quarterly Sales of $135.76 Million (americanbankingnews.com)
- World Acceptance Enters Oversold Territory (WRLD) (thestreet.com)
- ETFs with exposure to World Acceptance Corp. : November 14, 2017 (finance.yahoo.com)
Several equities research analysts have recently weighed in on WRLD shares. Zacks Investment Research raised World Acceptance Corporation from a “strong sell” rating to a “hold” rating in a report on Thursday, October 5th. BidaskClub raised World Acceptance Corporation from a “sell” rating to a “hold” rating in a report on Wednesday, August 9th. Jefferies Group LLC reissued a “sell” rating and issued a $60.00 price objective on shares of World Acceptance Corporation in a report on Thursday, October 12th. Finally, ValuEngine raised World Acceptance Corporation from a “buy” rating to a “strong-buy” rating in a report on Tuesday, August 1st. Four research analysts have rated the stock with a sell rating, one has given a hold rating and one has issued a strong buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $59.00.
Shares of World Acceptance Corporation (NASDAQ:WRLD) opened at $75.50 on Thursday. World Acceptance Corporation has a 52 week low of $42.01 and a 52 week high of $88.26. The company has a current ratio of 16.43, a quick ratio of 16.43 and a debt-to-equity ratio of 0.65. The company has a market capitalization of $685.76, a P/E ratio of 10.58 and a beta of 2.43.
World Acceptance Corporation (NASDAQ:WRLD) last released its quarterly earnings results on Wednesday, November 1st. The credit services provider reported $1.10 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.93 by ($0.83). World Acceptance Corporation had a return on equity of 13.90% and a net margin of 12.02%. The company had revenue of $131.00 million for the quarter, compared to analysts’ expectations of $130.20 million. During the same quarter last year, the company earned $0.18 EPS. World Acceptance Corporation’s revenue for the quarter was up 1.3% compared to the same quarter last year. research analysts forecast that World Acceptance Corporation will post 7.24 EPS for the current fiscal year.
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World Acceptance Corporation Company Profile
World Acceptance Corporation operates a small-loan consumer finance business in 15 states and Mexico as of March 31, 2016. The Company offers short-term small installment loans, medium-term larger installment loans, related credit insurance and ancillary products and services to individuals. The Company offers standardized installment loans generally between $300 and $4,000 through 1,339 branches in Alabama, Georgia, Idaho, Illinois, Indiana, Kentucky, Louisiana, Mississippi, Missouri, New Mexico, Oklahoma, South Carolina, Texas, Tennessee, Wisconsin and Mexico as of March 31, 2016.
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