Encore Capital Group Has Doubled—But Its Best Tailwind Won’t Last Forever
Encore Capital Group (ECPG) stock has more than doubled in the past year due to favorable conditions in the distressed debt market. The company reported Q2 net income of $64M, exceeding analyst estimates, and raised full-year guidance. However, its growth depends on high consumer charge-offs, which may not last. Analysts remain positive, with a consensus Buy rating and price targets ranging from $62 to $115.


