Encore Capital Group, Inc (NASDAQ: ECPG) is -19.99% lower on its value in year-to-date trading and has touched a low of $26.45 and a high of $51.77 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ECPG stock was last observed hovering at around $38.16 in the last trading session, with the day’s gains setting it 0.06%.
Currently trading at $38.22, the stock is -0.48% and 5.62% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.19 million and changing 0.16% at the moment leaves the stock -11.38% off its SMA200. ECPG registered -5.58% loss for a year compared to 6-month loss of -22.36%.
The stock witnessed a -4.33% gain in the last 1 month and extending the period to 3 months gives it a 12.74%, and is -4.09% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.07% over the week and 2.05% over the month.
Encore Capital Group, Inc (ECPG) has around 7350 employees, a market worth around $892.41M and $1.38B in sales. Fwd P/E is 4.57. Profit margin for the company is -8.37%. Distance from 52-week low is 44.50% and -26.17% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.51%).
The EPS is expected to grow by 214.61% this year
The shares outstanding are 23.51M, and float is at 22.37M with Short Float at 6.63%.
The top institutional shareholder in the company is BLACKROCK INC. with over 3.81 million shares valued at $158.87 million. The investor’s holdings represent 15.9405 of the ECPG Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 2.57 million shares valued at $107.19 million to account for 10.7547 of the shares outstanding. The other top investors are TURTLE CREEK ASSET MANAGEMENT INC. which holds 2.16 million shares representing 9.0393 and valued at over $90.09 million, while DIMENSIONAL FUND ADVISORS LP holds 7.3998 of the shares totaling 1.77 million with a market value of $73.75 million.
Encore Capital Group, Inc (ECPG) Insider Activity
The most recent transaction is an insider purchase by CLARK JONATHAN C, the company’s EVP, CFO & Treasurer. SEC filings show that CLARK JONATHAN C bought 28,600 shares of the company’s common stock on Mar 05 ’25 at a price of $35.00 per share for a total of $1.0 million. Following the purchase, the insider now owns 0.19 million shares.
Encore Capital Group, Inc disclosed in a document filed with the SEC on Mar 05 ’25 that Gupta Ashwini (Director) bought a total of 40,000 shares of the company’s common stock. The trade occurred on Mar 05 ’25 and was made at $35.10 per share for $1.4 million. Following the transaction, the insider now directly holds 96909.0 shares of the ECPG stock.
Still, SEC filings show that on Mar 05 ’25, Masih Ashish (President and CEO) acquired 20,000 shares at an average price of $35.14 for $0.7 million. The insider now directly holds 322,254 shares of Encore Capital Group, Inc (ECPG).
