Atlanticus (ATLC) Projected to Post Earnings on Monday

Atlanticus (NASDAQ:ATLC) is expected to be announcing its earnings results before the market opens on Monday, March 3rd. Analysts expect the company to announce earnings of $1.23 per share and revenue of $355.02 million for the quarter.

Atlanticus Stock Up 0.4 %

Shares of NASDAQ ATLC opened at $54.93 on Friday. The firm’s 50-day moving average is $57.58 and its two-hundred day moving average is $47.27. The company has a market capitalization of $809.67 million, a PE ratio of 12.34 and a beta of 2.10. Atlanticus has a 12-month low of $23.09 and a 12-month high of $64.70. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.44 and a quick ratio of 1.44.

Analyst Ratings Changes

ATLC has been the topic of a number of recent research reports. JMP Securities upped their target price on Atlanticus from $54.00 to $75.00 and gave the company a “market outperform” rating in a research note on Tuesday, December 3rd. Stephens started coverage on Atlanticus in a research note on Wednesday, November 13th. They set an “overweight” rating and a $54.00 price objective on the stock. BTIG Research boosted their target price on shares of Atlanticus from $45.00 to $54.00 and gave the company a “buy” rating in a research note on Tuesday, November 12th. Finally, B. Riley raised shares of Atlanticus to a “strong-buy” rating in a research note on Tuesday, January 7th. One research analyst has rated the stock with a hold rating, three have given a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Atlanticus has an average rating of “Buy” and a consensus price target of $57.20.

About Atlanticus

Atlanticus Holdings Corporation, a financial technology company, provides credit and related financial services and products to customers the United States. It operates in two segments, Credit as a Service, and Auto Finance. The Credit as a Service segment originates a range of consumer loan products, such as private label and general purpose credit cards originated by lenders through various channels, including retail and healthcare, direct mail solicitation, digital marketing, and partnerships with third parties; and offers credit to their customers for the purchase of various goods and services, including consumer electronics, furniture, elective medical procedures, healthcare, and home-improvements by partnering with retailers, healthcare providers, and other service providers.