Recent Analyst Ratings Updates for Global Acceptance (WRLD)



A number of research firms have changed their ratings and price targets to Worldwide acceptance (NASDAQ: WRLD):

  • 04/16/2022 – World Acceptance has been upgraded by StockNews.com analysts from a “hold” rating to a “buy” rating.
  • 04/08/2022 – World Acceptance has been downgraded by StockNews.com analysts from a “buy” rating to a “hold” rating.
  • 06/04/2022 – World Acceptance has been downgraded by analysts at Zacks Investment Research from a ‘buy’ rating to a ‘hold’ rating. According to Zacks, “World Acceptance Corporation is engaged in the small loan consumer finance business, providing small short-term loans, larger medium-term loans, related credit insurance and ancillary products and services to individuals. . “
  • 03/31/2022 – Global acceptance is now covered by StockNews.com analysts. They set a “buy” rating on the stock.
  • 03/30/2022 – World Acceptance has been upgraded by Zacks Investment Research analysts from a “hold” rating to a “buy” rating. They now have a price target of $211.00 on the stock. According to Zacks, “World Acceptance Corporation is engaged in the small loan consumer finance business, providing small short-term loans, larger medium-term loans, related credit insurance and ancillary products and services to individuals. . “

Shares of WRLD traded down $0.75 in midday trading on Tuesday, hitting $200.92. The company had a trading volume of 151 shares, compared to an average volume of 35,832 shares. The stock has a market capitalization of $1.32 billion, a price-earnings ratio of 16.10 and a beta of 1.55. The company has a current ratio of 20.09, a quick ratio of 20.09 and a debt ratio of 1.76. The company has a fifty-day simple moving average of $193.53 and a 200-day simple moving average of $207.20. World Acceptance Co. has a fifty-two week minimum of $123.17 and a fifty-two week maximum of $265.75.

World Acceptance (NASDAQ:WRLD – Get Rating) last released its results on Tuesday, January 25. The credit service provider reported earnings per share of $1.14 for the quarter, missing the Zacks consensus estimate of $2.42 per ($1.28). The company posted revenue of $148.57 million in the quarter, versus analyst estimates of $140.12 million. World Acceptance had a net margin of 14.30% and a return on equity of 19.63%. In the same quarter a year earlier, the company posted EPS of $2.25. As a group, equity analysts predict World Acceptance Co. will post EPS of 12.01 for the current fiscal year.

Separately, SVP Luke J. Umstetter sold 250 shares of the company in a trade on Friday, April 1. The shares were sold at an average price of $193.69, for a total transaction of $48,422.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available on the SEC’s website. 39.00% of the shares are currently held by insiders.

Several institutional investors and hedge funds have recently bought and sold shares of WRLD. The Public Sector Pension Investment Board increased its stake in World Acceptance shares by 0.8% in the fourth quarter. The Public Sector Pension Investment Board now owns 8,591 shares of the credit service provider valued at $2,108,000 after purchasing an additional 70 shares during the period. Deutsche Bank AG increased its position in World Acceptance by 3.2% in the 4th quarter. Deutsche Bank AG now owns 3,118 shares of the credit service provider valued at $765,000 after buying 96 additional shares in the last quarter. Royal Bank of Canada increased its stake in the shares of World Acceptance by 18.0% during the third quarter. Royal Bank of Canada now owns 1,060 shares of the credit service provider valued at $202,000 after acquiring 162 more shares last quarter. Bank of America Corp DE increased its position in World Acceptance shares by 2.0% during the fourth quarter. Bank of America Corp DE now owns 8,825 shares of the credit service provider worth $2,165,000 after acquiring 176 additional shares in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in World Acceptance shares by 6.0% in the third quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 3,197 shares of the credit service provider worth $606,000 after acquiring 181 additional shares in the last quarter. Institutional investors hold 85.69% of the company’s shares.

World Acceptance Corporation, together with its subsidiaries, is engaged in the small loan consumer finance business. The company offers short-term, small-payment loans, medium-term, larger-payment loans, related credit insurance, and ancillary products and services to individuals. It also provides automobile club memberships to its borrowers; and electronic tax return preparation and filing services.

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