Wall Street analysts predict that Curo Group Holdings Corp (NYSE:CURO) will post sales of $299.47 million for the current fiscal quarter, Zacks Investment Research reports. Three analysts have made estimates for Curo Group’s earnings, with the highest sales estimate coming in at $302.20 million and the lowest estimate coming in at $297.70 million. Curo Group posted sales of $283.00 million during the same quarter last year, which suggests a positive year over year growth rate of 5.8%. The firm is scheduled to announce its next quarterly earnings report on Wednesday, October 23rd.
According to Zacks, analysts expect that Curo Group will report full year sales of $1.17 billion for the current year, with estimates ranging from $1.16 billion to $1.17 billion. For the next year, analysts expect that the firm will post sales of $1.28 billion, with estimates ranging from $1.27 billion to $1.31 billion. Zacks’ sales averages are an average based on a survey of sell-side research firms that follow Curo Group.
Curo Group (NYSE:CURO) last issued its earnings results on Monday, July 29th. The company reported $0.48 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.39 by $0.09. The firm had revenue of $264.30 million during the quarter, compared to the consensus estimate of $270.32 million. Curo Group had a positive return on equity of 425.17% and a negative net margin of 3.06%.
NYSE CURO traded up $1.49 during trading on Friday, hitting $11.95. 1,084,541 shares of the company’s stock were exchanged, compared to its average volume of 218,116. The company has a debt-to-equity ratio of 20.91, a quick ratio of 2.97 and a current ratio of 2.97. The stock has a market capitalization of $484.40 million, a P/E ratio of 6.91 and a beta of 3.72. Curo Group has a fifty-two week low of $8.73 and a fifty-two week high of $32.20. The firm’s 50 day moving average price is $10.36.
Several large investors have recently added to or reduced their stakes in CURO. BNP Paribas Arbitrage SA grew its holdings in shares of Curo Group by 3,582.4% during the first quarter. BNP Paribas Arbitrage SA now owns 2,504 shares of the company’s stock worth $25,000 after purchasing an additional 2,436 shares during the last quarter. New York State Common Retirement Fund grew its holdings in shares of Curo Group by 33.0% during the fourth quarter. New York State Common Retirement Fund now owns 13,700 shares of the company’s stock worth $130,000 after purchasing an additional 3,400 shares during the last quarter. Rhumbline Advisers grew its holdings in shares of Curo Group by 62.4% during the fourth quarter. Rhumbline Advisers now owns 14,120 shares of the company’s stock worth $134,000 after purchasing an additional 5,423 shares during the last quarter. Squarepoint Ops LLC grew its holdings in shares of Curo Group by 12.1% during the fourth quarter. Squarepoint Ops LLC now owns 17,747 shares of the company’s stock worth $168,000 after purchasing an additional 1,916 shares during the last quarter. Finally, First Trust Advisors LP grew its holdings in shares of Curo Group by 19.1% during the fourth quarter. First Trust Advisors LP now owns 24,064 shares of the company’s stock worth $228,000 after purchasing an additional 3,858 shares during the last quarter. Institutional investors own 47.98% of the company’s stock.
About Curo Group
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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