Encore Capital Group Inc (NASDAQ: ECPG) stock closed at $48.10 on 5/9/24 after a major increase of 11.2%. Moreover, trading volume in this advance was exceptionally high at 227% of normal. The stock has risen 15.1% during the last week and has performed in line with the market over the last nine months.
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 83 but a neutral Power Rating of 45, with the Positive Value Trend Rating the result.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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