World Acceptance (WRLD) to Release Earnings on Friday

World Acceptance (NASDAQ:WRLD) is expected to be announcing its 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 Stock Performance

Shares of NASDAQ:WRLD traded up $4.57 during mid-day trading on Wednesday, reaching $119.98. The company had a trading volume of 11,552 shares, compared to its average volume of 19,495. World Acceptance has a one year low of $101.85 and a one year high of $149.31. The company has a current ratio of 19.53, a quick ratio of 19.53 and a debt-to-equity ratio of 1.21. The company’s 50-day moving average price is $116.73 and its 200-day moving average price is $118.17. The firm has a market cap of $689.89 million, a price-to-earnings ratio of 8.16 and a beta of 1.44.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on WRLD shares. Stephens began coverage on 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 raised shares of World Acceptance from a “buy” rating to a “strong-buy” rating in a report on Monday.

Insider Buying and Selling

In other World Acceptance news, insider Luke J. Umstetter sold 550 shares of the stock in a transaction 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 owns 11,370 shares in the company, valued at $1,299,591. This represents a 4.61 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 43.20% of the stock is owned by insiders.

World Acceptance Company Profile

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.