Added to YB: 2025-03-24
Pitch date: 2025-03-20
ECPG [neutral]
Encore Capital Group, Inc.
+15.36%
current return
Author Info
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Company Info
Encore Capital Group, Inc., a specialty finance company, provides debt recovery solutions and other related services for consumers across financial assets worldwide.
Market Cap
$955.2M
Pitch Price
$34.18
Price Target
N/A
Dividend
N/A
Sector
Consumer Finance
Category
turnaround
Napkin Reports - Proceed: ENCORE CAPITAL GROUP, INC. | NasdaqGS:ECPG
ECPG (proceed): Leading US debt collector, expanded to Europe via Cabot. Europe facing headwinds; scaled back. US environment favorable with rising credit card balances & delinquencies. Global funding allows capital reallocation. One-off charges from expected recovery changes & market exits. Trades at 6.6x LTM P/E vs PRAA's 10.9x. Favorable outlook with US supply, extended maturities, lower leverage, and buybacks.
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