An OUTPERFORM, WAIT AND SEE, or STAY AWAY with shares of EZCORP (NASDAQ:EZPW) trading around $19.24, is EZPW? LetвЂ™s evaluate the stock aided by the appropriate parts of our CHEAT SHEET framework that is investing
C = Catalyst for the StockвЂ™s motion
EZCORP announced the purchase of a delaware-based payday that is online for $50 million in either money or stock, in the companyвЂ™s discernment. You will find few world-class online payday lenders in direct lenders for installment loans for Minnesota america, and people which have accomplished this degree of success did therefore by developing robust and underwriting that is beneficial information analytics.
This is certainly just the 2nd purchase of an entity that is online a brick-and-mortar procedure. The past one ended up being CashNetUSA by Cash America (NYSE:CSH), which turned into a blockbuster for the acquirer.