World Acceptance (WRLD) to Release Earnings on Friday
From MarketBeat:
World Acceptance is expected to post earnings of $1.62 per share before the market opens on Friday, January 19th. In October, they reported earnings of $2.71 per share, exceeding the consensus estimate of $1.44 by $1.27, with a revenue of $136.88 million. Analysts anticipate $11 EPS for the current fiscal year and $13 EPS for the next year.
Shares of World Acceptance opened at $127.42 on Friday, with a market cap of $792.55 million. The stock has a 12-month low of $74.36 and a 12-month high of $160.07, with a 50-day moving average price of $121.51 and a two-hundred day moving average price of $127.97.
Insider John L. Calmes, Jr. sold 6,500 shares of World Acceptance at an average price of $113.68, totaling $738,920.00. Company insiders currently own 40.90% of the stock.
Several institutional investors and hedge funds have modified their holdings of World Acceptance, with 84.50% of the stock currently owned by institutional investors.
World Acceptance Corporation offers short-term small installment loans, medium-term larger installment loans, credit insurance, and ancillary products and services, as well as income tax return preparation and filing services, and automobile club memberships.
Research firms’ price targets include an “underperform” rating of $56.00 and a “buy” rating. Analysts believe that there are five better buys.
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