World Acceptance Corp. (NASDAQ:WRLD) in a temporary turn?

1105

World Acceptance Corporation (NASDAQ:WRLD) has released results for the last fiscal year, reporting EPS of $8.18. That works to P/E of 10.76. For this year, EPS is expected to grow -15.50% over the previous year, while next year’s EPS is projected to increase -7.88%.

The Barchart Technical Opinion rating is a 88% Buy and ranks in the Top 1% of all short term signal directions. Longer term, the trend strength is Maximum. Long term indicators mostly agree with the trend. The market is in highly overbought territory. Beware of a trend reversal.

World Acceptance (NASDAQ:WRLD) traded in a range yesterday that spanned from a low of $55.67 to a high of $63.05. Yesterday, the shares gained 10.6%, which took the trading range above the 3-day high of $56.27 on volume of 265,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

For the last five years, EPS at World Acceptance Corporation has increased 12.30%, while rise sales have increased 2.60% over the same period. Tthe combined EPS growth for the next five years is expected to be 1.50%.

Shares of World Acceptance Corporation are now trading at $88.00, giving it market capitalization of $771.76M. Over the last 12 months, shares of World Acceptance Corporation have risen to maximum of $27.85% and dropped to a minimum of $132.80%.

The stock?s beta, which is a measure of volatility, is 2.23. For the sake of clarifty, keep in mind that a bet of less than 1 indicates that a stock is less volatile compared to the overall market, while a beta greater than 1 implies a stock is more volatile than the market.

World Acceptance Corporation has 20-Day Simple Moving Average of $63.74% and 50-Day Simple Moving Average of $68.87%. The 200-Day Simple Moving Average is $66.85%.

The stock’s weekly performance stands at 64.49% while its monthly performance is 69.62%. Year-to-date the stock has moved 36.90% compared to a performance of 115.53% over the last 12 months.

World Acceptance Corporation has witnessed -10.06% insider transactions, leading to insider ownership of 0.20%. That compares to 99.90% ownership by institutional investors following 4.60% institutional transactions.

Return on investments in World Acceptance Corporation for the trailing 12 months is 11.40%, while return on assets for the same period is 8.70%. Return on equity for the trailing 12 months, on the other hand, is 17.50%.

World Acceptance Corporation has RSI (Relative Strength Index) of 93.48.

Subscribe to get your free report!

* indicates required
*Past performance is not a predictor of future results. All investing involves risk of loss and individual investments may vary. The examples provided may not be representative of typical results. Your capital is at risk when you invest – you can lose some or all of your money. Never risk more than you can afford to lose.By submitting your information you agree to the terms of our Privacy Policy • Cancel Newsletter Any Time.This is a FREE service from Finacials Trend. Signing up for our FREE daily e-letter also entitles you to receive this report. We will NOT share your email address with anyone.