Loading...
World Acceptance Corp (WRLD) is not a good buy for a beginner investor with a long-term strategy and $50,000-$100,000 available for investment. The company's financial performance is weak, with a significant drop in net income and EPS, and insider selling activity suggests a lack of confidence in the stock. Additionally, there are no strong technical or proprietary trading signals to support a buy decision.
The MACD is positive but contracting, RSI is neutral at 63.552, and moving averages are converging, indicating no clear trend. Key support is at 121.871, and resistance is at 134.653. The stock has an 80% chance to decline by -1.41% in the next day and -0.14% in the next week, with a potential 4.22% increase in the next month.
Appointment of J. Tobin Turner as Chief Operating Officer to enhance operational efficiency and customer service.
Insiders are selling heavily, with a 96832.08% increase in selling activity over the last month. Financial performance shows a significant drop in net income (-106.81% YoY) and EPS (-107.76% YoY).
In Q3 2026, revenue increased by 1.89% YoY to $141,252,129, but net income dropped to -$911,330 (-106.81% YoY), and EPS fell to -0.19 (-107.76% YoY). Gross margin also declined slightly to 90.95% (-1.02% YoY).
No data on analyst ratings or price target changes is provided.
