World Acceptance (WRLD) to Release Earnings on Tuesday

World Acceptance (NASDAQ:WRLD) is expected to announce its earnings results before the market opens on Tuesday, January 28th. Analysts expect the company to announce earnings of $1.23 per share and revenue of $131,785.00 billion for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

World Acceptance Price Performance

World Acceptance stock opened at $129.66 on Monday. The company’s 50 day simple moving average is $117.51 and its 200-day simple moving average is $118.21. The company has a debt-to-equity ratio of 1.21, a quick ratio of 19.53 and a current ratio of 19.53. World Acceptance has a 1 year low of $101.85 and a 1 year high of $149.31. The company has a market capitalization of $745.55 million, a price-to-earnings ratio of 8.81 and a beta of 1.44.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the company. Stephens started coverage on World Acceptance in a research report on Wednesday, November 13th. They issued an “equal weight” rating and a $10.00 target price on the stock. StockNews.com raised World Acceptance from a “buy” rating to a “strong-buy” rating in a research note on Monday, January 13th.

Insider Transactions at World Acceptance

In other World Acceptance news, insider Luke J. Umstetter sold 550 shares of the firm’s stock in a transaction that occurred on Friday, November 1st. The shares were sold at an average price of $114.30, for a total value of $62,865.00. Following the completion of the transaction, the insider now owns 11,370 shares of the company’s stock, valued at $1,299,591. This trade represents a 4.61 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 43.20% of the company’s stock.

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.