World Acceptance (WRLD) Projected to Post Quarterly Earnings on Friday

World Acceptance (NASDAQ:WRLD) is expected to post its quarterly earnings results before the market opens on Friday, January 17th. Analysts expect World Acceptance to post earnings of $1.23 per share and revenue of $136,670.00 billion for the quarter.

World Acceptance Price Performance

Shares of WRLD traded up $4.57 during trading hours on Wednesday, hitting $119.98. 11,552 shares of the stock were exchanged, compared to its average volume of 19,495. World Acceptance has a 12-month low of $101.85 and a 12-month high of $149.31. The company has a market cap of $689.89 million, a price-to-earnings ratio of 8.16 and a beta of 1.44. The stock’s 50-day moving average price is $116.73 and its two-hundred day moving average price is $118.17. The company has a debt-to-equity ratio of 1.21, a quick ratio of 19.53 and a current ratio of 19.53.

Insider Buying and Selling

In related news, insider Luke J. Umstetter sold 550 shares of the company’s stock in a transaction that occurred on Friday, November 1st. The shares were sold at an average price of $114.30, for a total transaction of $62,865.00. Following the sale, the insider now directly owns 11,370 shares of the company’s stock, valued at $1,299,591. This represents a 4.61 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 43.20% of the stock is owned by corporate insiders.

Analyst Ratings Changes

WRLD has been the topic of a number of recent research reports. Stephens assumed coverage on shares of World Acceptance in a research report on Wednesday, November 13th. They set an “equal weight” rating and a $10.00 price target on the stock. StockNews.com upgraded World Acceptance from a “buy” rating to a “strong-buy” rating in a report on Monday.

About World Acceptance

World Acceptance Corporation engages in consumer finance business in the United States. The company provides short-term small installment loans, medium-term larger installment loans, related credit insurance, and ancillary products and services to individuals. It offers income tax return preparation and filing services; and automobile club memberships.