Credit Suisse reiterated coverage on Elevate Credit with a new price target
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Credit Suisse reiterated coverage of Elevate Credit with a rating of Outperform and set a new price target of $5.60 from $4.90 previously
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4 - Elevate Credit, Inc. (0001651094) (Issuer)
4 - Elevate Credit, Inc. (0001651094) (Issuer)
4 - Elevate Credit, Inc. (0001651094) (Issuer)
Credit Suisse reiterated coverage of Elevate Credit with a rating of Outperform and set a new price target of $5.60 from $4.90 previously
SC 13G/A - Elevate Credit, Inc. (0001651094) (Subject)
SC 13G/A - Elevate Credit, Inc. (0001651094) (Subject)
SC 13G/A - Elevate Credit, Inc. (0001651094) (Subject)
15-12G - Elevate Credit, Inc. (0001651094) (Filer)
8-K - Elevate Credit, Inc. (0001651094) (Filer)
25-NSE - Elevate Credit, Inc. (0001651094) (Subject)
Elevate Credit, Inc. ("Elevate" or the "Company"), a leading tech-enabled provider of innovative and responsible online credit solutions for non-prime consumers, today announced the completion of its acquisition by Park Cities Asset Management LLC ("Park Cities"), an alternative asset manager focused on providing flexible capital solutions. Park Cities acquired Elevate for $1.87 per share in an all-cash transaction at an implied value of $67 million. "Elevate is pleased to join Park Cities as we embark on an exciting new chapter, one that will allow us to better serve our customers and drive innovation within our business," said Jason Harvison, Chief Executive Officer of Elevate. "I want t
Elevate Credit, Inc. ("Elevate" or the "Company"), a leading tech-enabled provider of innovative and responsible online credit solutions for non-prime consumers, today announced that leading independent proxy advisory firms Institutional Shareholder Services Inc. ("ISS") and Glass, Lewis & Co. ("Glass Lewis") have each recommended that stockholders vote "FOR" the previously announced all-cash acquisition of the Company by an affiliate of Park Cities Asset Management LLC ("Park Cities"), an alternative asset manager focused on providing flexible debt solutions, at the Company's upcoming Special Meeting of Stockholders (the "Special Meeting") scheduled for February 15, 2023 at 9:00 A.M. CT be
Elevate shareholders to receive $1.87 per share in cash Elevate to become a private company upon completion of the transaction Elevate Credit, Inc. ("Elevate" or the "Company"), a leading tech-enabled provider of innovative and responsible online credit solutions for non-prime consumers, today announced it has entered into a definitive agreement to be acquired by an affiliate of Park Cities Asset Management LLC ("Park Cities"), an alternative asset manager focused on providing flexible debt solutions. Park Cities will acquire Elevate for $1.87 per share in an all-cash transaction at an implied value of $67 million. Pursuant to the terms of the merger agreement, 7% of shares and shares un
DES MOINES, Iowa, Jan. 25, 2022 /PRNewswire/ -- Consumer Safety Technology Holding Company (CST) has appointed Kathy Boden Holland as Chief Executive Officer, effective December 2021. For more than 30 years, CST has been dedicated to helping people live and drive responsibly. The Company provides consumers and monitoring authorities with products and services to effectively deter impaired driving and support individuals as they navigate the license restoration process. Ms. Boden Holland was selected following a nationwide search by CST's private equity owners, Welsh, Carson,
Elevate Credit, Inc. (NYSE:ELVT) ("Elevate" or "Company"), a leading tech-enabled provider of innovative and responsible online credit solutions for non-prime consumers, today announced the appointment of Jay Bray to the Company's Board of Directors, effective immediately. As Chairman and Chief Executive Officer of Mr. Cooper Group, Bray brings more than 25 years of financial services experience to Elevate's Board. Bray will assume a newly created Board position and will serve on the Compensation Committee. "Jay's extensive knowledge of the financial services and technology market will be invaluable to Elevate as we continue to seek opportunities to better serve the millions of non-prime c
Elevate Credit, Inc. (NYSE:ELVT) ("Elevate"), a leading tech-enabled provider of innovative and responsible online credit solutions, today announced financial results for the third quarter 2022. Elevate has posted its release to its Investor Relations webpage at http://investors.elevate.com/press-releases. Conference Call The Company will host a conference call to discuss its financial results on Wednesday, November 9, at 4:00 pm Central Time / 5:00 pm Eastern Time. Interested parties may access the conference call live over the phone by dialing 1-888-999-3182 (domestic) or 1-848-280-6330 (international) and requesting the Elevate Credit Third Quarter 2022 Earnings Conference Call. Partic
Elevate Credit, Inc. ("Elevate"), a leading tech-enabled provider of innovative and responsible online credit solutions, today announced that it will release its third quarter 2022 financial results after the market closes on Wednesday, November 9, 2022. Jason Harvison, Chief Executive Officer, and Steve Trussell, Chief Financial Officer, will host a conference call on the day of the release (November 9, 2022) at 5:00 pm ET to discuss Elevate's financial results. Interested parties may access the conference call live over the phone by dialing 1-888-999-3182 (domestic) or 1-848-280-6330 (international) and requesting the Elevate Credit Third Quarter 2022 Earnings Conference Call. Participan
Elevate Credit, Inc. (NYSE:ELVT) ("Elevate"), a leading tech-enabled provider of innovative and responsible online credit solutions, today announced financial results for the second quarter 2022. Elevate has posted its release to its Investor Relations webpage at http://investors.elevate.com/press-releases. Conference Call The Company will host a conference call to discuss its financial results on Tuesday, August 9, at 4:00 pm Central Time / 5:00 pm Eastern Time. Interested parties may access the conference call live over the phone by dialing 1-877-306-7075 (domestic) or 1-212-231-2921 (international) and requesting the Elevate Credit Second Quarter 2022 Earnings Conference Call. Particip
Elevate Credit's (NYSE:ELVT) short percent of float has fallen 23.66% since its last report. The company recently reported that it has 205 thousand shares sold short, which is 0.71% of all regular shares that are available for trading. Based on its trading volume, it would take traders 0.8 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short inte
Elevate Credit (NYSE:ELVT) brought in sales totaling $125.62 million during Q3 according to data provided by Benzinga Pro. However, earnings decreased 129.7%, resulting in a loss of $15.03 million. In Q2, Elevate Credit brought in $117.61 million in sales but lost $6.54 million in earnings. What Is ROCE? Earnings data without context is not clear and can be difficult to base trading decisions on. Return on Capital Employed (ROCE) helps to filter signal from noise by measuring yearly pre-tax profit relative to capital employed by a business. Generally, a higher ROCE suggests successful growth of a company and is a sign of higher earnings per share in the future. In Q3, Elevate Credit posted
Elevate Credit's (NYSE:ELVT) short percent of float has fallen 52.06% since its last report. The company recently reported that it has 267 thousand shares sold short, which is 0.93% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.0 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short inte