On 9/4/19, Encore Capital Group Inc (NASDAQ: ECPG) stock suffered a major decline of -11.1%, closing at $32.00. Moreover, trading volume in this decline was exceptionally high at 745% of normal. The stock has declined -10.3% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, ECPG is expected to continue to be a major Value Builder.
Encore Capital has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Encore Capital has a good Appreciation Score of 83 and a very high Power Rating of 93, producing the Highest Value Trend Rating.
In light of this highly negative price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.