Encore Capital Group, Inc. (NASDAQ:ECPG)

mikejmonahan (25.10) Submitted: 2/23/2013 10:31:35 AM : Start Price: $31.98 ECPG Score: -5.81

Based on James O'Shaughnessy et al.

2win (< 20) Submitted: 9/27/2012 7:54:34 AM : Start Price: $28.34 ECPG Score: +0.85

http://www.zacks.com/commentary/23700/new-top-5-sectors
Kevin Matras picks one stock from each of top 5 sectors
This is the Finance sector.

reddingrunner (94.97) Submitted: 9/17/2012 10:48:44 PM : Start Price: $30.66 ECPG Score: -5.94

Sabrient top ten, low PEG and P/B, momentum.

EclecticRecluse (77.87) Submitted: 5/5/2011 4:31:17 AM : Start Price: $29.09 ECPG Score: -10.65

Low PEG and P/E

CranDan (61.20) Submitted: 2/16/2010 11:59:06 AM : Start Price: $18.05 ECPG Score: -30.67

Encore Capital Group had great earnings in 2009 but will struggle significantly in 2010 and thus I expect their stock price to underperform once 1st quarter earnings are released.

Encore generated about 45% of their revenue and collections from their litigation channel which uses outside attorneys to collect on their behalf.

In December of 2009 the largest collection litigation attorney in the US (Axiant LLC) declared bankruptcy and was required by the State of Maryland to suspend all collections until futher notice. This means that Encore will not be able to generate any collections from one of the largest attorney networks during the best collection period of the year (first quarter when people get their tax returns). Couple this lack of collections with expectations from legal collections and you should expect both a collections short-fall this year but in addition collections misses on portfolios which will result in portfolio impairments. This combination does not bode for a good year for Encore Capital Group.

LatePlay (< 20) Submitted: 4/30/2009 1:40:46 AM : Start Price: $8.46 ECPG Score: -201.00

profit taking

AntonChigurh (< 20) Submitted: 6/8/2008 12:03:51 PM : Start Price: $10.58 ECPG Score: +186.73

This is a company we are loathe to invest in. It upsets our sense of propriety and human decency - but then we remember we are a supposed psychopath. So here goes: Encore Capital Group buys charged off consumer credit receivables for pennies on the dollar and tries to collect a few more cents than they paid for the chargeoffs. SImple as that. The last quarter was good, and I think there is some momentum going forward. A business like this is only as good as its collectors, who probably fall somewhere between used car salesmen and mortgage brokers at the top end of the ethically challenged spectrum. No matter - God will sort it out later.

autumnlake1970 (55.80) Submitted: 5/1/2008 12:22:20 PM : Start Price: $7.97 ECPG Score: +291.57

Have heard setting up bill collections in India is the new wave of the future. Article mentioned owner has no plans for new growth in US, only India. Stock performing well since purchase

kittee3 (< 20) Submitted: 4/24/2008 2:46:40 PM : Start Price: $6.63 ECPG Score: +375.47

high layoffs lead to no money so increase use of credit cards for food, gas, bill pay of cell/internet/cable all add up. eventually unable to pay credit card so it goes delinquent.

enter the new bredd of India workers to collect debt-- less than 1% (425 p/month base plus bonuses) as opposed to 6500 month US worker I ALREADY SEE A PROFIT and not one dime collected yet.

hamiltt (74.11) Submitted: 3/13/2008 12:47:00 AM : Start Price: $7.26 ECPG Score: +321.96

.

zindallas (48.81) Submitted: 2/15/2007 3:24:59 PM : Start Price: $10.71 ECPG Score: +187.73

Tom Brown owns 17% of this baby in his Second Curve Capital fund! Stock's recent softness provides nice entry point. A second class player in this space - certainly relative to PRAA, but a decent value play and a takeover target as management is exploring strategic alternatives.

ArchimedesPie (< 20) Submitted: 10/24/2006 11:36:13 PM : Start Price: $13.80 ECPG Score: +111.40

Buyout possibility

jm1234 (< 20) Submitted: 10/4/2006 11:08:11 AM : Start Price: $12.95 ECPG Score: +122.97

Effective competitor in the purchasing of charged off credit card receivables, likely to be purchased in a management-led deal in the next few months as the conclusion to a process reviewing strategic alternatives.