Recent News
Oct 6, 2025 — Canaccord Genuity raised its price target on EZCORP and reiterated a buy view. Oct 8, 2025 — Weiss Ratings reaffirmed a buy designation on the company. Oct 14, 2025 — several brokerages published updated target-price coverage, averaging near $19.00. Nov 10, 2025 — aggregation of analyst targets showed an average one-year target around $20.33 based on recent coverage updates.
Technical Analysis
Directional indicators show a meaningful trend strength: ADX at 26.25 indicates a strong directional move rather than a flat market, supporting the presence of momentum in recent sessions.
DI+ sits at 33.14 with a peak-and-reversal pattern, which reads bearish for short-term directional bias because DI+ has rolled from recent highs. DI- at 18.19 shows a dip-and-reversal toward higher readings, reinforcing bearish directional pressure.
MACD registers at 0.59 with the signal at 0.55; the indicator currently lies above its signal line (a bullish technical cross), but the MACD trend shows a peak-and-reversal, which signals waning bullish momentum and potential loss of upward acceleration.
MRO at 33.41 sits positive, indicating the current price sits above the model target and therefore carries downside pressure; the MRO trend shows a peak-and-reversal consistent with decelerating strength.
RSI at 59.62 with a peak-and-reversal pattern points to recent exhaustion near the upper-neutral band and a short-term bias toward mean reversion rather than further overbought extension.
Price sits at $19.78, above the 200-day average of $15.97 but below the 20-day average of $20.25 and the Tenkan-sen at $20.25, which creates a split timeframe picture: long-term support from multi-month averages while short-term momentum shows mild weakness. Price currently trades just above the lower Bollinger band ($19.63), indicating limited immediate downside cushion inside the band range.
Volume at 995,707 lags the 10-day average of 1,785,611, which reduces conviction behind recent moves. Short-term volatility (42-day beta ~1.05) exceeds the subdued 52-week beta of 0.31, suggesting recent trading runs hotter than the year-long baseline.
Fundamental Analysis
Revenue trends show strong year-over-year growth: YoY revenue growth registers at 78.03% while QoQ revenue growth reads 445.44%, signaling sizable recent top-line acceleration. Trailing revenue growth stands at 8.31% on a broader basis.
Profitability expanded: EBIT margin at 13.18% improved 31.84% year-over-year but slipped 5.03% quarter-over-quarter. The company’s EBIT margin sits below the industry peer mean of 40.67% and below the industry peer median of 31.08%, though above the industry peer low of -171.47%.
EPS arrived at $0.34 versus an estimate of $0.30, producing an EPS surprise of 13.33% and showing recent beat-driven earnings momentum. Forward EPS equals $0.428125 with a forward P/E near 51.99.
Valuation multiples reflect elevated earnings multiples alongside moderate balance-sheet backing: trailing P/E at 51.26, P/B about 1.03, enterprise value roughly $1,355,721,792, and EV-to-revenue around 4.03. Free cash flow yield sits at 3.37% while free cash flow growth shows recent declines; free cash flow itself equals $35,745,000 and free cash to net income at 133.86% indicates healthy cash conversion relative to reported net income of $26,704,000.
Liquidity and leverage display asymmetric strength: cash and short-term investments total $469,524,000 and cash ratio at 2.34 with a current ratio of 5.61, providing a large liquidity buffer versus total debt of $764,040,000 and net debt near $48,552,000. Debt-to-EBITDA runs high at 14.53, which reflects the recent debt issuance and legacy obligations rather than operating stress given interest coverage near 5.45.
Return metrics remain modest: ROA about 1.39% and ROE about 2.60%, both showing YoY improvement but still trailing typical high-return peers. Inventory and working-capital dynamics show long inventory days (~170 days) and a cash conversion cycle of ~171 days, consistent with pawn-retail operations.
WMDST values the stock as under-valued based on the firm’s cash flow profile, margin recovery, and the company’s ample cash position that offsets leverage. The valuation gap stems from elevated multiples set against improving cash generation and conservative net-debt levels.
MOST-RECENT QUARTERLY REPORT
| REPORT PERIOD ENDING: | 2025-09-30 |
| REPORT DATE: | 2025-11-13 |
| NEXT REPORT DATE: | 2026-02-12 |
| CASH FLOW | Begin Period Cash Flow | $ 487.1 M |
| Operating Cash Flow | $ 51.3 M | |
| Capital Expenditures | $ -15.51 M | |
| Change In Working Capital | $ 136.0 K | |
| Dividends Paid | — | |
| Cash Flow Delta | $ -2.36 M | |
| End Period Cash Flow | $ 484.7 M | |
| INCOME STATEMENT | REVENUE | |
| Total Revenue | $ 336.8 M | |
| Forward Revenue | $ 82.2 M | |
| COSTS | ||
| Cost Of Revenue | $ 138.2 M | |
| Depreciation | $ 8.2 M | |
| Depreciation and Amortization | $ 8.2 M | |
| Research and Development | — | |
| Total Operating Expenses | $ 300.1 M | |
| PROFITABILITY | ||
| Gross Profit | $ 198.6 M | |
| EBITDA | $ 52.6 M | |
| EBIT | $ 44.4 M | |
| Operating Income | $ 36.7 M | |
| Interest Income | $ 5.3 M | |
| Interest Expense | $ 8.1 M | |
| Net Interest Income | $ -2.83 M | |
| Income Before Tax | $ 36.3 M | |
| Tax Provision | $ 9.6 M | |
| Tax Rate | 26.362 % | |
| Net Income | $ 26.7 M | |
| Net Income From Continuing Operations | $ 26.7 M | |
| EARNINGS | ||
| EPS Estimate | $ 0.30 | |
| EPS Actual | $ 0.34 | |
| EPS Difference | $ 0.04 | |
| EPS Surprise | 13.333 % | |
| Forward EPS | $ 0.43 | |
| BALANCE SHEET | ASSETS | |
| Total Assets | $ 2.0 B | |
| Intangible Assets | $ 383.7 M | |
| Net Tangible Assets | $ 641.8 M | |
| Total Current Assets | $ 1.1 B | |
| Cash and Short-Term Investments | $ 469.5 M | |
| Cash | $ 469.5 M | |
| Net Receivables | $ 63.8 M | |
| Inventory | $ 248.5 M | |
| Long-Term Investments | $ 30.3 M | |
| LIABILITIES | ||
| Accounts Payable | $ 22.9 M | |
| Short-Term Debt | — | |
| Total Current Liabilities | $ 200.6 M | |
| Net Debt | $ 48.6 M | |
| Total Debt | $ 764.0 M | |
| Total Liabilities | $ 925.7 M | |
| EQUITY | ||
| Total Equity | $ 1.0 B | |
| Retained Earnings | $ 612.7 M | |
| VALUATION & PER-SHARE METRICS | EQUITY & PER-SHARE METRICS | |
| Book Value Per-Share | $ 16.84 | |
| Shares Outstanding | 60.892 M | |
| Revenue Per-Share | $ 5.53 | |
| VALUATION | Market Capitalization | $ 1.1 B |
| Enterprise Value | $ 1.4 B | |
| Enterprise Multiple | 25.781 | |
| Enterprise Multiple QoQ | 10.078 % | |
| Enterprise Multiple YoY | 75.768 % | |
| Enterprise Multiple IPRWA | high: 173.155 median: 173.155 mean: 136.63 EZPW: 25.781 low: -125.735 |
|
| EV/R | 4.025 | |
| CAPITAL STRUCTURE | ||
| Asset To Equity | 1.903 | |
| Asset To Liability | 2.108 | |
| Debt To Capital | 0.427 | |
| Debt To Assets | 0.392 | |
| Debt To Assets QoQ | -3.244 % | |
| Debt To Assets YoY | 467.246 % | |
| Debt To Assets IPRWA | high: 1.312 EZPW: 0.392 mean: 0.268 median: 0.174 low: 0.002 |
|
| Debt To Equity | 0.745 | |
| Debt To Equity QoQ | -3.206 % | |
| Debt To Equity YoY | 481.571 % | |
| Debt To Equity IPRWA | high: 13.211 mean: 1.733 median: 1.21 EZPW: 0.745 low: -1.932 |
|
| PRICE-BASED VALUATION | ||
| Price To Book (P/B) | 1.035 | |
| Price To Book QoQ | 12.771 % | |
| Price To Book YoY | 34.575 % | |
| Price To Book IPRWA | high: 10.089 median: 6.822 mean: 5.062 EZPW: 1.035 low: -2.248 |
|
| Price To Earnings (P/E) | 51.258 | |
| Price To Earnings QoQ | 22.15 % | |
| Price To Earnings YoY | 17.513 % | |
| Price To Earnings IPRWA | high: 109.962 median: 77.528 mean: 65.025 EZPW: 51.258 low: -71.915 |
|
| PE/G Ratio | 16.917 | |
| Price To Sales (P/S) | 3.151 | |
| Price To Sales QoQ | 7.848 % | |
| Price To Sales YoY | 50.004 % | |
| Price To Sales IPRWA | high: 41.472 mean: 13.512 median: 12.002 EZPW: 3.151 low: 0.799 |
|
| FORWARD MULTIPLES | ||
| Forward P/E | 51.991 | |
| Forward PE/G | 17.159 | |
| Forward P/S | 17.829 | |
| EFFICIENCY | OPERATIONAL | |
| Operating Leverage | 0.345 | |
| ASSET & SALES | ||
| Asset Turnover Ratio | 0.176 | |
| Asset Turnover Ratio QoQ | 4.877 % | |
| Asset Turnover Ratio YoY | -10.431 % | |
| Asset Turnover Ratio IPRWA | high: 0.444 EZPW: 0.176 median: 0.062 mean: 0.059 low: -0.011 |
|
| Receivables Turnover | 5.295 | |
| Receivables Turnover Ratio QoQ | 3.536 % | |
| Receivables Turnover Ratio YoY | 18.624 % | |
| Receivables Turnover Ratio IPRWA | high: 9.75 EZPW: 5.295 mean: 1.091 median: 0.102 low: -2.698 |
|
| Inventory Turnover | 0.583 | |
| Inventory Turnover Ratio QoQ | -0.757 % | |
| Inventory Turnover Ratio YoY | -10.94 % | |
| Inventory Turnover Ratio IPRWA | — | |
| Days Sales Outstanding (DSO) | 17.233 | |
| CASH CYCLE | ||
| Cash Conversion Cycle Days (CCC) | 170.838 | |
| Cash Conversion Cycle Days QoQ | 7.337 % | |
| Cash Conversion Cycle Days YoY | 13.167 % | |
| Cash Conversion Cycle Days IPRWA | high: 310.617 EZPW: 170.838 mean: 55.076 median: 47.646 low: -382.915 |
|
| CAPITAL DEPLOYMENT | ||
| Cash Conversion Ratio | 0.364 | |
| CapEx To Revenue | -0.046 | |
| CapEx To Depreciation | -1.896 | |
| CAPITAL, LIQUIDITY & COVERAGE | CAPITAL STRUCTURE | |
| Total Capital | $ 1.5 B | |
| Net Invested Capital | $ 1.5 B | |
| Invested Capital | $ 1.5 B | |
| Net Tangible Assets | $ 641.8 M | |
| Net Working Capital | $ 925.4 M | |
| LIQUIDITY | ||
| Cash Ratio | 2.341 | |
| Current Ratio | 5.614 | |
| Current Ratio QoQ | -11.083 % | |
| Current Ratio YoY | 107.436 % | |
| Current Ratio IPRWA | high: 15.66 EZPW: 5.614 mean: 1.873 median: 1.22 low: 0.212 |
|
| Quick Ratio | 4.375 | |
| Quick Ratio QoQ | -12.58 % | |
| Quick Ratio YoY | 119.433 % | |
| Quick Ratio IPRWA | — | |
| COVERAGE & LEVERAGE | ||
| Debt To EBITDA | 14.529 | |
| Cost Of Debt | 0.786 % | |
| Interest Coverage Ratio | 5.453 | |
| Interest Coverage Ratio QoQ | 6.842 % | |
| Interest Coverage Ratio YoY | -40.682 % | |
| Interest Coverage Ratio IPRWA | high: 60.461 median: 37.353 mean: 29.203 EZPW: 5.453 low: -16.422 |
|
| Operating Cash Flow Ratio | 0.06 | |
| TIMING / LIQUIDITY | ||
| Days Payables Outstanding (DPO) | 16.205 | |
| DIVIDENDS | ||
| Dividend Coverage Ratio | — | |
| Dividend Payout Ratio | — | |
| Dividend Rate | — | |
| Dividend Yield | — | |
| PERFORMANCE | GROWTH | |
| Asset Growth Rate | 3.619 % | |
| Revenue Growth | 8.307 % | |
| Revenue Growth QoQ | 445.437 % | |
| Revenue Growth YoY | 78.033 % | |
| Revenue Growth IPRWA | high: 35.204 % mean: 10.771 % EZPW: 8.307 % median: 3.192 % low: -29.515 % |
|
| Earnings Growth | 3.03 % | |
| Earnings Growth QoQ | -203.026 % | |
| Earnings Growth YoY | -76.769 % | |
| Earnings Growth IPRWA | high: 169.231 % mean: 20.98 % median: 11.111 % EZPW: 3.03 % low: -125.455 % |
|
| MARGINS | ||
| Gross Margin | 58.956 % | |
| Gross Margin QoQ | -0.163 % | |
| Gross Margin YoY | -0.984 % | |
| Gross Margin IPRWA | high: 96.421 % median: 80.514 % mean: 79.517 % EZPW: 58.956 % low: 13.553 % |
|
| EBIT Margin | 13.184 % | |
| EBIT Margin QoQ | -5.028 % | |
| EBIT Margin YoY | 31.84 % | |
| EBIT Margin IPRWA | high: 63.819 % mean: 40.667 % median: 31.08 % EZPW: 13.184 % low: -171.469 % |
|
| Return On Sales (ROS) | 10.899 % | |
| Return On Sales QoQ | -5.84 % | |
| Return On Sales YoY | 8.99 % | |
| Return On Sales IPRWA | high: 63.819 % mean: 41.071 % median: 30.451 % EZPW: 10.899 % low: -80.976 % |
|
| CASH FLOW | ||
| Free Cash Flow (FCF) | $ 35.7 M | |
| Free Cash Flow Yield | 3.368 % | |
| Free Cash Flow Yield QoQ | 18.969 % | |
| Free Cash Flow Yield YoY | -14.756 % | |
| Free Cash Flow Yield IPRWA | high: 35.603 % EZPW: 3.368 % median: 2.522 % mean: 2.281 % low: -20.828 % |
|
| Free Cash Growth | 38.994 % | |
| Free Cash Growth QoQ | -489.278 % | |
| Free Cash Growth YoY | -296.325 % | |
| Free Cash Growth IPRWA | high: 247.438 % EZPW: 38.994 % median: 10.84 % mean: -18.428 % low: -200.489 % |
|
| Free Cash To Net Income | 1.339 | |
| Cash Flow Margin | 3.586 % | |
| Cash Flow To Earnings | 0.452 | |
| VALUE & RETURNS | ||
| Economic Value Added | $ 0.03 | |
| Return On Assets (ROA) | 1.393 % | |
| Return On Assets QoQ | -2.451 % | |
| Return On Assets YoY | 37.648 % | |
| Return On Assets IPRWA | high: 5.974 % EZPW: 1.393 % mean: 0.993 % median: 0.979 % low: -5.607 % |
|
| Return On Capital Employed (ROCE) | 2.537 % | |
| Return On Equity (ROE) | 0.026 | |
| Return On Equity QoQ | -2.727 % | |
| Return On Equity YoY | 37.851 % | |
| Return On Equity IPRWA | high: 0.206 median: 0.065 mean: 0.064 EZPW: 0.026 low: -0.123 |
|
| DuPont ROE | 2.65 % | |
| Return On Invested Capital (ROIC) | 2.118 % | |
| Return On Invested Capital QoQ | -3.111 % | |
| Return On Invested Capital YoY | -106.138 % | |
| Return On Invested Capital IPRWA | high: 12.987 % mean: 2.502 % median: 2.25 % EZPW: 2.118 % low: -6.178 % |
|