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Encore Capital Group Inc (ECPG) [hlAlert]

Rating:
Outperform
ECPG
up 27.67 %

Encore Capital Group Inc (ECPG) rated Outperform by William Blair

Posted on: Friday,  May 13, 2011  11:25 AM ET by William Blair

William Blair rated Outperform Encore Capital Group Inc (NASDAQ: ECPG) on 05/13/2011, when the stock price was $30.75.
Since then, Encore Capital Group Inc has gained 27.67% as of 12/31/2016's recent price of $39.26.
If you would have followed this William Blair's recommendation on ECPG, you would have gained 27.67% of your investment in 2059 days.

Encore Capital Group, Inc. is a systems-driven purchaser and manager of charged-off consumer receivable portfolios and, through its wholly owned subsidiary Ascension Capital Group, Inc. (Ascension), a provider of bankruptcy services to the finance industry. The Company acquires receivable portfolios at deep discounts from their face values using its valuation process that is based upon an analysis of the individual consumer attributes of the underlying accounts. The receivable portfolios it purchases consist primarily of unsecured, charged-off domestic consumer credit card, auto loan deficiency and telecom receivables purchased from national financial institutions, retail credit corporations, telecom companies and resellers of such portfolios. Acquisitions of receivable portfolios are financed from operating cash flows and by borrowings from third parties.

The Equity Research department provides the firm's clients with in-depth investment analysis and investment recommendations. Acting as the company's laboratory for new investment ideas, it specializes in providing investment analysis on quality growth companies. Located together in our Chicago office, our equity analysts currently follow a universe of nearly 360 companies.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/13/2011 11:25 AM Buy
None
30.75
as of 12/30/2011
1 Week down  -1.25 %
1 Month down  -2.47 %
3 Months down  -2.70 %
1 YTD down  -30.86 %

(*) Stock Price at the time of the recommendation.
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