Encore Capital Group Inc (NASDAQ: ECPG). Extremely significant negative changes in investment behavior have recently occurred: the stock’s recent price decline challenged its longer term uptrend, and its longer term price trend turned down.
Notable negative changes in Encore Capital Group Inc (NASDAQ: ECPG) fundamentals have recently occurred: the stock’s power rating fell below 50, and the consensus estimate for December, 2024 decreased significantly.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
ECPG’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Encore Capital Group has a current Value Trend Rating of C (High Neutral). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Encore Capital Group has a good Appreciation Score of 78 but a neutral Power Rating of 46, with the High Neutral Value Trend Rating the result.
Recent Price Action
On 3/18/24, Encore Capital Group Inc (NASDAQ: ECPG) stock declined by -2.7%, closing at $44.87. NORMAL trading volume accompanied the decline. The stock has performed in line with the market over the last nine months and has declined -10.5% during the last week.
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