World Acceptance Corp. (NASDAQ:WRLD) shares were up 2.9% during trading on Thursday . The company traded as high as $50.47 and last traded at $49.97, with a volume of 83,879 shares changing hands. The stock had previously closed at $48.58.
A number of research analysts have commented on WRLD shares. Zacks Investment Research lowered World Acceptance Corp. from a “buy” rating to a “hold” rating in a research report on Wednesday, May 11th. Jefferies Group reaffirmed a “hold” rating and set a $37.00 price target on shares of World Acceptance Corp. in a research report on Friday, July 15th. Finally, BMO Capital Markets reaffirmed a “hold” rating and set a $41.00 price target on shares of World Acceptance Corp. in a research report on Friday, July 29th.
The stock has a market capitalization of $436.99 million, a PE ratio of 5.43 and a beta of 1.76. The stock has a 50-day moving average of $47.50 and a 200 day moving average of $42.30.
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/09/08/world-acceptance-corp-wrld-trading-up-2-9.html
World Acceptance Corp. (NASDAQ:WRLD) last issued its earnings results on Thursday, July 28th. The company reported $1.89 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $2.22 by $0.33. During the same quarter last year, the business earned $2.71 earnings per share. The firm earned $127.10 million during the quarter, compared to analysts’ expectations of $130.91 million. The company’s revenue was down 7.4% on a year-over-year basis. On average, equities research analysts expect that World Acceptance Corp. will post $8.13 earnings per share for the current fiscal year.
World Acceptance Corp. Company Profile
World Acceptance Corporation is a small-loan consumer finance company. The Company offers short-term small loans, medium-term larger loans, related credit insurance products and ancillary products and services to individuals who have limited access to other sources of consumer credit. The Company also offers income tax return preparation services and electronic filing program to its customer base and to others.
Receive News & Ratings for World Acceptance Corp. Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for World Acceptance Corp. and related companies with MarketBeat.com’s FREE daily email newsletter.