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

World Acceptance (NASDAQ:WRLD) is expected to be posting 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 Trading Up 4.0 %

NASDAQ WRLD opened at $119.98 on Thursday. The firm’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. World Acceptance has a twelve month low of $101.85 and a twelve month high of $149.31. The stock has a market cap of $689.89 million, a price-to-earnings ratio of 8.16 and a beta of 1.44.

Insider Buying and Selling at World Acceptance

In other World Acceptance news, insider Luke J. Umstetter sold 550 shares of World Acceptance stock in a transaction that occurred on Friday, November 1st. The stock was 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 approximately $1,299,591. The trade was a 4.61 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 43.20% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have commented on WRLD. StockNews.com raised shares of World Acceptance from a “buy” rating to a “strong-buy” rating in a research report on Monday. Stephens initiated coverage on shares of World Acceptance in a research note on Wednesday, November 13th. They issued an “equal weight” rating and a $10.00 price objective for the company.

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.