Wall Street analysts predict that Curo Group Holdings Corp (NYSE:CURO) will post $299.78 million in sales for the current quarter, Zacks Investment Research reports. Three analysts have issued estimates for Curo Group’s earnings. The highest sales estimate is $302.66 million and the lowest is $298.30 million. Curo Group reported sales of $283.00 million in the same quarter last year, which would indicate a positive year over year growth rate of 5.9%. The company is scheduled to report its next quarterly earnings results on Wednesday, October 23rd.

On average, analysts expect that Curo Group will report full year sales of $1.16 billion for the current financial year. For the next fiscal year, analysts anticipate that the firm will report sales of $1.25 billion, with estimates ranging from $1.22 billion to $1.27 billion. Zacks Investment Research’s sales calculations are an average based on a survey of research analysts that follow Curo Group.

Curo Group (NYSE:CURO) last posted its quarterly earnings data on Monday, July 29th. The company reported $0.48 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.39 by $0.09. The business had revenue of $264.30 million during the quarter, compared to the consensus estimate of $270.32 million. Curo Group had a negative net margin of 2.94% and a positive return on equity of 429.23%.

Several analysts recently issued reports on the stock. ValuEngine raised shares of Curo Group from a “sell” rating to a “hold” rating in a report on Thursday, August 1st. Credit Suisse Group upped their price objective on shares of Curo Group from $19.00 to $20.00 and gave the stock an “outperform” rating in a report on Wednesday, September 4th. Buckingham Research assumed coverage on shares of Curo Group in a report on Tuesday, August 13th. They set a “buy” rating and a $19.00 price objective for the company. Finally, Zacks Investment Research raised shares of Curo Group from a “hold” rating to a “buy” rating and set a $14.00 price objective for the company in a report on Friday, August 2nd. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company. Curo Group has a consensus rating of “Buy” and an average price target of $22.75.

Shares of NYSE CURO traded down $0.07 during trading hours on Tuesday, hitting $15.33. 12,533 shares of the stock were exchanged, compared to its average volume of 192,779. The company has a debt-to-equity ratio of 13.39, a current ratio of 2.86 and a quick ratio of 2.86. The company’s 50 day moving average is $13.21 and its 200 day moving average is $11.23. The firm has a market capitalization of $687.16 million, a P/E ratio of 8.98 and a beta of 3.63. Curo Group has a one year low of $8.73 and a one year high of $32.20.

Large investors have recently added to or reduced their stakes in the stock. Prescott Group Capital Management L.L.C. raised its stake in Curo Group by 4.0% during the 1st quarter. Prescott Group Capital Management L.L.C. now owns 1,231,351 shares of the company’s stock valued at $12,350,000 after purchasing an additional 47,298 shares during the last quarter. JBF Capital Inc. raised its stake in Curo Group by 27.3% during the 2nd quarter. JBF Capital Inc. now owns 52,200 shares of the company’s stock valued at $577,000 after purchasing an additional 11,200 shares during the last quarter. Acadian Asset Management LLC raised its stake in Curo Group by 312.4% during the 2nd quarter. Acadian Asset Management LLC now owns 109,051 shares of the company’s stock valued at $1,206,000 after purchasing an additional 82,610 shares during the last quarter. GSA Capital Partners LLP raised its stake in Curo Group by 105.6% during the 2nd quarter. GSA Capital Partners LLP now owns 25,156 shares of the company’s stock valued at $278,000 after purchasing an additional 12,918 shares during the last quarter. Finally, Bank of Montreal Can raised its stake in Curo Group by 367.7% during the 2nd quarter. Bank of Montreal Can now owns 3,124 shares of the company’s stock valued at $34,000 after purchasing an additional 2,456 shares during the last quarter. Hedge funds and other institutional investors own 49.91% of the company’s stock.

Curo Group Company Profile

CURO Group Holdings Corp., a diversified consumer finance company, provides consumer finance to a range of underbanked consumers in the United States, Canada, and the United Kingdom. It offers unsecured installment loans, secured installment loans, open-end loans, and single-pay loans, as well as ancillary financial products, including check cashing, proprietary reloadable prepaid debit cards, credit protection insurance, gold buying, retail installment sales, and money transfer services.

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Earnings History and Estimates for Curo Group (NYSE:CURO)

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