The shares of VEREIT Inc. (NYSE:VER) has been pegged with a rating of Equal Weight by CapitalOne in its latest research note that was published on February 11, 2020. The Financial company has also assigned a $10 price target. CapitalOne wasn’t the only research firm that published a report of VEREIT Inc., with other equities research analysts also giving their opinion on the stock. BMO Capital Markets advised investors in its research note published on October 25, 2019, to Outperform the VER stock while also putting a $11 price target. The stock had earned Outperform rating from Evercore ISI Markets when it published its report on September 30, 2019. Morgan Stanley was of a view that VER is Equal-Weight in its latest report on August 05, 2019. BofA/Merrill thinks that VER is worth Buy rating. This was contained in the firm’s report on June 11, 2019 in which the stock’s price target was also moved to 10.50.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 5 believe it has the potential for further growth, thus rating it as Hold while 4 advised investors to purchase the stock. The consensus currently stands at a Overweight while its average price target is $9.11. The price of the stock the last time has raised by 42.62% from its 52-Week high price while it is -50.20% than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 34.69.
The shares of the company added by 13.93% during the trading session on Wednesday, reaching a low of $4.38 while ending the day at $5.07. During the trading session, a total of 24.22 million shares were traded which represents a -94.88% decline from the average session volume which is 12.43 million shares. VER had ended its last session trading at $4.45. VER 52-week low price stands at $3.56 while its 52-week high price is $10.18.
The company in its last quarterly report recorded $0.16 earnings per share which is above the predicted by most analysts. In the second quarter last year, the firm recorded $0.18 earnings per share. Compared to the same quarter last year, the firm’s revenue was down by -12.5%. VEREIT Inc. has the potential to record 0.64 EPS for the current fiscal year, according to equities analysts.
Investment analysts at B. Riley FBR published a research note on April 12, 2019 where it informed investors and clients that EZCORP Inc. (NASDAQ:EZPW) is now rated as Buy. Their price target on the stock stands at $14. Even though the stock has been trading at $3.68/share, analysts expect it to down by -4.89% to reach $8.17/share. It started the day trading at $3.885 and traded between $3.41 and $3.50 throughout the trading session.
A look at its technical shows that EZPW’s 50-day SMA is 5.02 while its 200-day SMA stands at 6.74. The stock has a high of $11.25 for the year while the low is $3.42. The stock, however, witnessed a rise in its short on 03/13/20. Compared to previous close which recorded 7.02 M shorted shares, the short percentage went lower by -9.43%, as 6.36M VER shares were shorted. At the moment, only 14.13% of EZCORP Inc. shares were sold short. The company’s P/E ratio currently sits at 26.12, while the P/B ratio is 0.26. The company’s average trading volume currently stands at 713.31K shares, which means that the short-interest ratio is just 9.84 days. Over the past seven days, the company moved, with its shift of -3.85%. Looking further, the stock has dropped -47.68% over the past 90 days while it lost -47.25% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The BlackRock Fund Advisors bought more EZPW shares, increasing its portfolio by 3.00% during the last quarter. This move now sees The BlackRock Fund Advisors purchasing 236,634 shares in the last quarter, thus it now holds 8,126,138 shares of EZPW, with a total valuation of $39,005,462.
Similarly, Dimensional Fund Advisors LP decreased its EZCORP Inc. shares by 2.88% during the recently filed quarter. After selling 4,281,682 shares in the last quarter, the firm now controls -126,920 shares of EZCORP Inc. which are valued at $20,552,074. In the same vein, The Vanguard Group, Inc. decreased its EZCORP Inc. shares by during the most recent reported quarter. The firm sold 1,027,024 shares during the quarter which decreased its stakes to 3,150,908 shares and is now valued at $15,124,358. Following these latest developments, around 3.40% of EZCORP Inc. stocks are owned by institutional investors and hedge funds.