World Acceptance (NASDAQ:WRLD – Get Free Report) released its earnings results on Friday. The credit services provider reported $3.99 earnings per share for the quarter, beating analysts’ consensus estimates of $1.99 by $2.00, reports. The firm had revenue of $131.41 million for the quarter, compared to analysts’ expectations of $139.52 million. World Acceptance had a net margin of 15.02% and a return on equity of 20.05%.
World Acceptance Stock Down 0.6 %
WRLD opened at $115.30 on Monday. The company has a quick ratio of 17.02, a current ratio of 19.53 and a debt-to-equity ratio of 1.21. The stock has a market cap of $674.51 million, a price-to-earnings ratio of 7.84 and a beta of 1.39. World Acceptance has a twelve month low of $94.57 and a twelve month high of $149.31. The company’s 50-day moving average price is $116.13 and its two-hundred day moving average price is $123.72.
Insider Buying and Selling at World Acceptance
In other World Acceptance news, insider Luke J. Umstetter sold 500 shares of the business’s stock in a transaction dated Thursday, August 1st. The shares were sold at an average price of $120.78, for a total value of $60,390.00. Following the transaction, the insider now directly owns 14,238 shares in the company, valued at $1,719,665.64. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 43.20% of the company’s stock.
Institutional Trading of World Acceptance
Analyst Upgrades and Downgrades
Separately, StockNews.com cut shares of World Acceptance from a “strong-buy” rating to a “buy” rating in a research note on Friday, July 19th.
Get Our Latest Research Report on World Acceptance
About World Acceptance
World Acceptance Corporation engages in consumer finance business in the United States. The company provides short-term small installment loans, medium-term larger installment loans, related credit insurance, and ancillary products and services to individuals. It offers income tax return preparation and filing services; and automobile club memberships.
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