News stories about Encore Capital Group (NASDAQ:ECPG) have trended positive on Friday, according to Accern Sentiment. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Encore Capital Group earned a media sentiment score of 0.36 on Accern’s scale. Accern also assigned press coverage about the asset manager an impact score of 46.121356756286 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

Encore Capital Group traded down $0.05, hitting $38.40, during mid-day trading on Friday, MarketBeat.com reports. 2,408 shares of the company were exchanged, compared to its average volume of 294,311. The company has a debt-to-equity ratio of 5.99, a current ratio of 0.89 and a quick ratio of 0.89. The firm has a market cap of $988.75 million, a PE ratio of 9.58, a price-to-earnings-growth ratio of 0.61 and a beta of 1.54. Encore Capital Group has a 12-month low of $37.30 and a 12-month high of $52.00.

Encore Capital Group (NASDAQ:ECPG) last announced its earnings results on Tuesday, May 8th. The asset manager reported $0.98 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.04 by ($0.06). The company had revenue of $326.79 million for the quarter, compared to analysts’ expectations of $326.38 million. Encore Capital Group had a return on equity of 18.81% and a net margin of 6.68%. The company’s quarterly revenue was up 20.2% compared to the same quarter last year. During the same period last year, the business earned $0.95 EPS. sell-side analysts anticipate that Encore Capital Group will post 4.81 EPS for the current fiscal year.

A number of brokerages recently issued reports on ECPG. Oppenheimer set a $55.00 price objective on shares of Encore Capital Group and gave the company a “buy” rating in a report on Wednesday, May 9th. BidaskClub lowered shares of Encore Capital Group from a “hold” rating to a “sell” rating in a report on Saturday, March 17th. Zacks Investment Research raised shares of Encore Capital Group from a “hold” rating to a “buy” rating and set a $48.00 price objective for the company in a report on Monday, February 26th. Finally, ValuEngine lowered shares of Encore Capital Group from a “buy” rating to a “hold” rating in a report on Thursday, May 24th. One analyst has rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $52.30.

About Encore Capital Group

Encore Capital Group, Inc, a specialty finance company, together with its subsidiaries, provides debt recovery solutions and other related services for consumers across a range of financial assets worldwide. The company purchases portfolios of defaulted consumer receivables at deep discounts to face value, as well as manages them by working with individuals as they repay their obligations and works toward financial recovery.

Insider Buying and Selling by Quarter for Encore Capital Group (NASDAQ:ECPG)

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