CURO Group (NYSE:CURO – Get Note) had its price target reduced by Credit Suisse Group analysts to $11.00 in a research report released Thursday, Stock Target Advisor reports. Credit Suisse Group’s price target would suggest a potential upside of 159.43% from the company’s previous close.
Other stock research analysts have also published research reports on the stock. Jefferies Financial Group began covering CURO Group shares in a research note on Tuesday, July 26. They issued a “buy” rating on the stock. TheStreet downgraded shares of CURO Group from a “c” rating to a “d+” rating in a Thursday, August 25 research note.
The CURO group grows by 1.0%
CURO traded $0.04 on Thursday, reaching $4.24. 1,493 shares of the company were traded, against an average volume of 125,528. The company has a market capitalization of $171.08 million, a PE ratio of -1.80 and a beta of 2.77. The CURO group has a 12-month low of $4.01 and a 12-month high of $20.10. The stock has a fifty-day moving average of $6.09 and a two-hundred-day moving average of $7.73.
CURO Group (NYSE:CURO – Get Rating) last reported quarterly results on Monday, August 8. The company reported ($0.39) EPS for the quarter, missing the consensus estimate of ($0.36) by ($0.03). The CURO Group posted a negative net margin of 9.30% and a negative return on equity of 15.53%. The company posted revenue of $304.40 million in the quarter, compared to analyst estimates of $244.07 million. On average, analysts predict that CURO Group will post -0.08 EPS for the current year.
Institutional entries and exits
Institutional investors and hedge funds have recently changed their positions in the stock. First Quadrant LLC CA bought a new position in CURO Group stock in the first quarter worth approximately $28,000. Amalgamated Bank purchased a new stake in CURO Group during the first quarter worth approximately $44,000. Chilton Capital Management LLC acquired a new stake in CURO Group during the second quarter worth approximately $28,000. BNP Paribas Arbitrage SA increased its stake in CURO Group by 181.3% during the second quarter. BNP Paribas Arbitrage SA now owns 5,257 shares in the company worth $29,000 after purchasing an additional 3,388 shares last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new stake in CURO Group during the first quarter worth approximately $133,000. 36.69% of the shares are currently held by institutional investors.
About CURO Group
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CURO Group Holdings Corp., together with its subsidiaries, offers consumer credit products in the United States and Canada. The Company offers unsecured installment loans, secured installment loans, open-ended loans and one-time payment loans, as well as ancillary financial products, including check cashing, proprietary reloadable prepaid debit cards, demand deposit accounts, credit protection insurance, retail installment sales. , and money transfer services.
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