While Encore Capital Group, Inc has underperformed by -2.04%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, ECPG fell by -5.48%, with highs and lows ranging from $51.77 to $26.45, whereas the simple moving average jumped by 10.08% 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 25.14%, showing a positive trend in the upcoming months.
Encore Capital Group, Inc’s future performance can be determined with the help of several well-rounded types of analysis and research techniques, with equity being one of the most influential. The goal here is to ensure that your current return on equity of -9.46% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.12, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
The average volume for any stock is also a very valuable indicator of volatility, and ECPG has an average volume of 292.42K. On a monthly basis, the volatility of the stock is set at 2.84%, whereas on a weekly basis, it is put at 2.95%, with a gain of 2.13% over the past seven days. Furthermore, long-term investors anticipate a median target price of $57.25, showing growth from the present price of $45.15, 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?
In addition to analyzing the fundamentals, it is also important to look at how many company employees own stock. 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 4.32%. 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 106.68% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
