CURO Group Holdings Corp. (NYSE:CURO – Get Rating) CEO Douglas D. Clark purchased 20,000 shares of the stock in a transaction that occurred on Wednesday, February 1st. The stock was bought at an average price of $3.99 per share, with a total value of $79,800.00. Following the completion of the transaction, the chief executive officer now owns 322,726 shares of the company's stock, valued at $1,287,676.74. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
CURO Group Stock Up 5.2 %
NYSE:CURO opened at $4.47 on Friday. CURO Group Holdings Corp. has a twelve month low of $2.96 and a twelve month high of $15.23. The company has a market cap of $180.99 million, a price-to-earnings ratio of -6.30 and a beta of 2.59. The stock has a fifty day simple moving average of $3.78 and a 200-day simple moving average of $4.86. The company has a current ratio of 10.73, a quick ratio of 10.73 and a debt-to-equity ratio of 19.68.
Get CURO Group alerts:CURO Group (NYSE:CURO – Get Rating) last released its earnings results on Wednesday, November 2nd. The company reported ($0.32) earnings per share for the quarter, missing the consensus estimate of ($0.03) by ($0.29). The business had revenue of $214.12 million for the quarter, compared to the consensus estimate of $220.83 million. CURO Group had a negative return on equity of 29.48% and a negative net margin of 2.71%. Analysts anticipate that CURO Group Holdings Corp. will post -0.91 EPS for the current year.
Hedge Funds Weigh In On CURO Group
Several institutional investors have recently made changes to their positions in the company. Bank of Montreal Can purchased a new position in shares of CURO Group during the fourth quarter valued at $324,000. Bank of New York Mellon Corp increased its stake in shares of CURO Group by 21.0% during the third quarter. Bank of New York Mellon Corp now owns 267,154 shares of the company's stock valued at $1,072,000 after buying an additional 46,352 shares during the period. Captrust Financial Advisors increased its stake in shares of CURO Group by 7,529.9% during the third quarter. Captrust Financial Advisors now owns 53,867 shares of the company's stock valued at $216,000 after buying an additional 53,161 shares during the period. State Street Corp increased its stake in shares of CURO Group by 6.0% during the third quarter. State Street Corp now owns 408,836 shares of the company's stock valued at $1,639,000 after buying an additional 23,283 shares during the period. Finally, Vanguard Group Inc. grew its stake in CURO Group by 11.8% in the third quarter. Vanguard Group Inc. now owns 1,224,085 shares of the company's stock valued at $4,907,000 after purchasing an additional 129,003 shares during the last quarter. Hedge funds and other institutional investors own 34.85% of the company's stock.Analysts Set New Price Targets
A number of analysts recently issued reports on the company. Janney Montgomery Scott downgraded CURO Group from a "buy" rating to a "neutral" rating in a research report on Thursday, November 3rd. Credit Suisse Group decreased their target price on CURO Group from $11.00 to $8.50 and set an "outperform" rating for the company in a research report on Thursday, November 3rd.
About CURO Group
(Get Rating)
CURO Group Holdings Corp. is a consumer finance company, which engages in the provision of services and lending products for under banked consumers. The firm operates through the following segments: United States, Canada, and the United Kingdom. The United States segment operates the Speedy Cash, Rapid Cash, and Avio Credit brands.
Further Reading
- Get a free copy of the StockNews.com research report on CURO Group (CURO)
- MarketBeat Week in Review – 1/30 – 2/3
- Are Penny Stocks Worth it? Should You Invest in Penny Stocks?
- Zimmer Biomet Beats on Earnings, Growth May be Priced In
- AI Software Maker EPAM Boasts Biggest Tech-Sector Rally
- Ford Stock Going Forward After Big Earnings Flop
Receive News & Ratings for CURO Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CURO Group and related companies with MarketBeat.com's FREE daily email newsletter.