EZCorp: Strategically Positioned In A Favorable Economic Environment
EZCORP(EZPW) Seeking Alpha·2024-07-29 21:02
m.czosnek EZCorp (NASDAQ:EZPW) is a publicly-traded company that owns over 1,200 pawn shops in the US and Latin America. With inflationary pressure and an accumulated inventory of COVID-stimulus purchased items, pawn shop businesses are busy. EZPW has experienced steady growth, has plenty of cash, a strong balance sheet and, importantly, they are keeping inventory under control. A simplified discounted free cash flow model indicated EZPW’s stock price is fairly undervalued and, if the risks are acceptab ...