World Acceptance Corp (NASDAQ: WRLD) has reported earnings for its second fiscal quarter (ending September 30) of $3.99 versus $2.78 for the same period a year ago — an increase of 44%. For the latest four quarters through September 30, E.P.S. were $14.85 versus $9.72 for the same period a year ago — an increase of 53%.
Recent Price Action
World Acceptance Corp (NASDAQ: WRLD) stock closed at $115.30 on 10/25/24 after a slight decline of -0.6%. However, trading volume in this decline was below average at 79% of normal. The stock has declined -2.4% during the last week and has been weak 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, WRLD is expected to continue to be an important Value Builder.
World Acceptance has a current Value Trend Rating of C (Low Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. World Acceptance has a slightly positive Appreciation Score of 68 but a poor Power Rating of 26, resulting in the Low Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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