For its second fiscal quarter (ending June 30), Encore Capital Group Inc (NASDAQ: ECPG) has reported a 22% increase in E.P.S. from $1.11 a year ago to $1.35 in the current quarter. This performance was $0.17 better than the consensus estimate of $1.18. E.P.S. were $-8.25 for the latest four quarters through June 30 versus $0.10 for the same period a year ago — a decline of -8350%.
Recent Price Action
Encore Capital Group Inc (NASDAQ: ECPG) stock declined by -2.1% on 8/7/24. The shares closed at $44.81. NORMAL trading volume accompanied the decline. Relative to the market the stock has been weak over the last nine months and has declined -11.6% during the last week.
Current PriceTarget Research Rating
ECPG’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
Encore Capital Group has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Encore Capital Group has a good Appreciation Score of 80 but a neutral Power Rating of 42, producing the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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