While Encore Capital Group, Inc has overperformed by 23.85%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, ECPG fell by -5.89%, with highs and lows ranging from $51.77 to $26.45, whereas the simple moving average fell by -8.41% in the last 200 days.
On October 17, 2024, Northland Capital Upgraded Encore Capital Group, Inc (NASDAQ: ECPG) to Outperform. A report published by Janney on March 28, 2023, Upgraded its rating to ‘Buy’ for ECPG. Northland Capital also Downgraded ECPG shares as ‘Market Perform’, setting a target price of $58 on the company’s shares in a report dated February 14, 2023. Buckingham Research initiated its ‘Buy’ rating for ECPG, as published in its report on January 03, 2019. Raymond James also rated the stock as ‘Mkt Perform’.
Analysis of Encore Capital Group, Inc (ECPG)
Further, the quarter-over-quarter increase in sales is 24.72%, showing a positive trend in the upcoming months.
To gain a thorough understanding of Encore Capital Group, Inc’s future performance, several well-rounded types of analysis and research techniques can be used, with equity being among the most crucial. The goal here is to ensure that your current return on equity of -13.05% is sufficient for you to turn a profit off your investment.
It is also very valuable to look at average volume as an indicator of volatility for a stock, and ECPG is recording an average volume of 365.82K. On a monthly basis, the volatility of the stock is set at 5.74%, whereas on a weekly basis, it is put at 6.03%, with a gain of 18.45% over the past seven days. Furthermore, long-term investors anticipate a median target price of $58.50, showing growth from the present price of $40.77, which can serve as yet another indication of whether ECPG is worth investing in or should be passed over.
How Do You Analyze Encore Capital Group, Inc Shares?
The number of employees owning shares of the company should also be considered in addition to the fundamentals. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 4.18%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 114.05% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
ECPG shares are owned by institutional investors to the tune of 114.05% at present.
