World Acceptance Corp. (NASDAQ:WRLD) SVP Jason E. Childers sold 1,281 shares of the firm’s stock in a transaction that occurred on Tuesday, August 13th. The shares were sold at an average price of $135.00, for a total value of $172,935.00. Following the completion of the transaction, the senior vice president now owns 22,329 shares in the company, valued at approximately $3,014,415. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

World Acceptance stock traded down $0.31 during mid-day trading on Thursday, reaching $128.77. 151,949 shares of the company’s stock were exchanged, compared to its average volume of 92,882. The business has a fifty day simple moving average of $150.86. The company has a market capitalization of $1.18 billion, a price-to-earnings ratio of 16.04 and a beta of 2.42. World Acceptance Corp. has a one year low of $89.78 and a one year high of $175.78. The company has a debt-to-equity ratio of 0.81, a current ratio of 17.63 and a quick ratio of 17.63.

World Acceptance (NASDAQ:WRLD) last issued its quarterly earnings results on Thursday, July 25th. The credit services provider reported $0.97 EPS for the quarter, missing the Zacks’ consensus estimate of $2.05 by ($1.08). The business had revenue of $138.40 million for the quarter, compared to the consensus estimate of $134.64 million. World Acceptance had a return on equity of 11.94% and a net margin of 12.02%. The business’s revenue was up 12.5% compared to the same quarter last year. During the same quarter last year, the business posted $1.69 earnings per share. As a group, equities research analysts anticipate that World Acceptance Corp. will post 7.26 earnings per share for the current year.

A number of research firms have recently weighed in on WRLD. BMO Capital Markets dropped their target price on World Acceptance to $65.00 and set an “underperform” rating on the stock in a report on Friday, July 26th. Zacks Investment Research upgraded World Acceptance from a “hold” rating to a “strong-buy” rating and set a $156.00 target price on the stock in a report on Friday, May 17th. Janney Montgomery Scott restated a “sell” rating and issued a $87.00 target price (down previously from $108.00) on shares of World Acceptance in a report on Thursday, July 25th. ValuEngine upgraded World Acceptance from a “hold” rating to a “buy” rating in a report on Tuesday, July 2nd. Finally, BidaskClub lowered World Acceptance from a “strong-buy” rating to a “buy” rating in a report on Tuesday, July 23rd. Two investment analysts have rated the stock with a sell rating, two have given a buy rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $102.67.

Institutional investors have recently modified their holdings of the stock. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in World Acceptance by 105.3% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 386 shares of the credit services provider’s stock worth $45,000 after acquiring an additional 198 shares during the period. Bank of Montreal Can lifted its holdings in World Acceptance by 13.1% during the first quarter. Bank of Montreal Can now owns 960 shares of the credit services provider’s stock worth $113,000 after acquiring an additional 111 shares during the period. Acadian Asset Management LLC bought a new stake in World Acceptance during the second quarter worth $151,000. SG Americas Securities LLC bought a new stake in World Acceptance during the second quarter worth $247,000. Finally, Everence Capital Management Inc. bought a new stake in World Acceptance during the second quarter worth $263,000. Institutional investors and hedge funds own 89.70% of the company’s stock.

About World Acceptance

World Acceptance Corporation engages in small-loan consumer finance business. The company offers short-term small and medium-term larger installment loans, as well as related credit insurance and ancillary products and services to individuals. It also provides automobile club memberships to its borrowers; and income tax return preparation and electronic filing services.

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