Encore Capital GroupECPG
Market Cap: $1.12B
About: Encore Capital Group Inc is an international specialty finance company. It provides debt recovery solutions for consumers and property owners across a broad range of financial assets. The company purchase portfolios of defaulted consumer receivables at deep discounts to face value and manages them by working with individuals as the consumer repay their obligations and work toward financial recovery. Encore has only a reportable segment being portfolio purchasing and recovery.
Employees: 7,400
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
3,071% more call options, than puts
Call options by funds: $73.3M | Put options by funds: $2.31M
8% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 60
0% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]
2.98% less ownership
Funds ownership: 110.83% [Q1] → 107.84% (-2.98%) [Q2]
8% less funds holding
Funds holding: 190 [Q1] → 175 (-15) [Q2]
10% less capital invested
Capital invested by funds: $1.19B [Q1] → $1.07B (-$124M) [Q2]
50% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 30
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Truist Securities Mark Hughes 85% 1-year accuracy 53 / 62 met price target | 36%upside $64 | Buy Maintained | 20 Aug 2024 |