World Acceptance (NASDAQ:WRLD) was upgraded by BidaskClub from a “hold” rating to a “buy” rating in a research note issued to investors on Friday.

WRLD has been the topic of a number of other research reports. Zacks Investment Research downgraded World Acceptance from a “buy” rating to a “hold” rating in a research note on Thursday, July 26th. BMO Capital Markets restated a “sell” rating and issued a $79.00 target price on shares of World Acceptance in a research note on Friday, July 27th. TheStreet upgraded World Acceptance from a “c” rating to a “b-” rating in a research note on Thursday, May 10th. Finally, ValuEngine downgraded World Acceptance from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, May 2nd. Three equities research analysts have rated the stock with a sell rating, one has issued a hold rating and two have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $83.25.

Shares of NASDAQ WRLD opened at $117.72 on Friday. The company has a current ratio of 14.95, a quick ratio of 14.95 and a debt-to-equity ratio of 0.46. World Acceptance has a one year low of $71.02 and a one year high of $125.14. The stock has a market capitalization of $1.01 billion, a price-to-earnings ratio of 15.27 and a beta of 2.75.

World Acceptance (NASDAQ:WRLD) last issued its earnings results on Thursday, July 26th. The credit services provider reported $1.69 EPS for the quarter, missing analysts’ consensus estimates of $1.95 by ($0.26). World Acceptance had a net margin of 3.52% and a return on equity of 14.06%. The firm had revenue of $122.79 million during the quarter, compared to analysts’ expectations of $132.98 million. During the same quarter last year, the firm earned $1.48 EPS. The business’s revenue for the quarter was up 5.3% compared to the same quarter last year. equities research analysts anticipate that World Acceptance will post 8.45 EPS for the current fiscal year.

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Wells Fargo & Company MN lifted its position in shares of World Acceptance by 17.7% during the 4th quarter. Wells Fargo & Company MN now owns 7,812 shares of the credit services provider’s stock worth $631,000 after purchasing an additional 1,174 shares during the last quarter. Renaissance Technologies LLC lifted its position in shares of World Acceptance by 77.0% during the 4th quarter. Renaissance Technologies LLC now owns 45,000 shares of the credit services provider’s stock worth $3,632,000 after purchasing an additional 19,575 shares during the last quarter. MetLife Investment Advisors LLC acquired a new position in shares of World Acceptance during the 4th quarter worth about $184,000. Rhumbline Advisers lifted its position in shares of World Acceptance by 3.7% during the 1st quarter. Rhumbline Advisers now owns 14,793 shares of the credit services provider’s stock worth $1,558,000 after purchasing an additional 522 shares during the last quarter. Finally, Mackay Shields LLC acquired a new position in shares of World Acceptance during the 1st quarter worth about $1,776,000. Institutional investors own 92.36% 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.

Featured Story: Fundamental Analysis

Receive News & Ratings for World Acceptance Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for World Acceptance and related companies with MarketBeat.com's FREE daily email newsletter.