Brokerages Set Encore Capital Group Inc (NASDAQ:ECPG) Target Price at $88.00

Encore Capital Group Inc (NASDAQ:ECPG) has been given a consensus recommendation of “Moderate Buy” by the six research firms that are presently covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $88.00.

Several analysts have recently commented on ECPG shares. Citizens Jmp raised their price objective on shares of Encore Capital Group from $108.00 to $115.00 and gave the company a “market outperform” rating in a research report on Wednesday, June 17th. Weiss Ratings lowered Encore Capital Group from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, June 8th. Zacks Research cut Encore Capital Group from a “strong-buy” rating to a “hold” rating in a report on Monday, July 6th. Truist Financial boosted their price objective on Encore Capital Group from $100.00 to $105.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. Finally, Citigroup reaffirmed a “market outperform” rating on shares of Encore Capital Group in a research note on Wednesday, June 17th.

Encore Capital Group Stock Performance

Shares of ECPG opened at $92.32 on Tuesday. The business has a 50-day simple moving average of $84.48 and a two-hundred day simple moving average of $72.44. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 3.90. Encore Capital Group has a 52 week low of $35.67 and a 52 week high of $94.60. The stock has a market cap of $1.98 billion, a price-to-earnings ratio of 7.16 and a beta of 1.27.

Encore Capital Group (NASDAQ:ECPG) last posted its quarterly earnings data on Wednesday, May 6th. The asset manager reported $3.86 earnings per share for the quarter, beating analysts’ consensus estimates of $3.02 by $0.84. The firm had revenue of $475.41 million for the quarter, compared to analysts’ expectations of $446.26 million. Encore Capital Group had a return on equity of 30.70% and a net margin of 16.00%.The business’s quarterly revenue was up 21.0% on a year-over-year basis. During the same period in the previous year, the firm earned $1.93 EPS. Encore Capital Group has set its FY 2026 guidance at 13.000-13.000 EPS. On average, analysts expect that Encore Capital Group will post 13.01 EPS for the current year.

Insider Buying and Selling

In related news, insider John Yung sold 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $82.08, for a total value of $164,160.00. Following the transaction, the insider directly owned 64,570 shares of the company’s stock, valued at approximately $5,299,905.60. The trade was a 3.00% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 3.00% of the company’s stock.

Hedge Funds Weigh In On Encore Capital Group

Several institutional investors have recently bought and sold shares of ECPG. Arrowstreet Capital Limited Partnership increased its holdings in Encore Capital Group by 658.2% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 334,018 shares of the asset manager’s stock valued at $23,421,000 after acquiring an additional 289,964 shares during the last quarter. AQR Capital Management LLC boosted its holdings in shares of Encore Capital Group by 78.0% during the 4th quarter. AQR Capital Management LLC now owns 412,498 shares of the asset manager’s stock valued at $22,419,000 after purchasing an additional 180,733 shares during the last quarter. Hillsdale Investment Management Inc. purchased a new position in shares of Encore Capital Group during the fourth quarter valued at about $7,453,000. Jane Street Group LLC grew its position in shares of Encore Capital Group by 488.1% during the fourth quarter. Jane Street Group LLC now owns 154,128 shares of the asset manager’s stock valued at $8,377,000 after purchasing an additional 127,920 shares in the last quarter. Finally, First Trust Advisors LP increased its holdings in shares of Encore Capital Group by 379.7% in the third quarter. First Trust Advisors LP now owns 98,817 shares of the asset manager’s stock worth $4,125,000 after purchasing an additional 78,217 shares during the last quarter.

Encore Capital Group Company Profile

Encore Capital Group, Inc is a global specialty finance company that focuses on the purchase and management of nonperforming consumer receivables. Through its subsidiaries, the company acquires charged-off debt portfolios from credit card issuers, banks, and other financial institutions, and seeks to recover outstanding balances through a combination of customer outreach, payment arrangements, and, where appropriate, legal collection efforts. Encore’s business model emphasizes compliance with regulatory and industry standards to ensure ethical and transparent debt-recovery practices.

Headquartered in San Diego, California, Encore operates across North America and Europe.