First Cash Financial Services, Inc. (NYSE:FCFS) has been given a consensus rating of “Buy” by the eleven analysts that are presently covering the company, Marketbeat reports. Four research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $69.80.
A number of equities analysts recently commented on the stock. Zacks Investment Research cut shares of First Cash Financial Services from a “buy” rating to a “hold” rating in a research report on Tuesday, March 13th. ValuEngine upgraded shares of First Cash Financial Services from a “hold” rating to a “buy” rating in a research report on Thursday, March 1st. Finally, Wedbush reiterated an “outperform” rating and issued a $83.00 target price (up previously from $75.00) on shares of First Cash Financial Services in a research report on Monday, February 5th.
In other First Cash Financial Services news, CFO R Douglas Orr sold 1,185 shares of the business’s stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of $75.00, for a total value of $88,875.00. Following the transaction, the chief financial officer now owns 168,815 shares in the company, valued at $12,661,125. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Thomas Brent Stuart acquired 1,080 shares of the firm’s stock in a transaction on Monday, February 5th. The stock was purchased at an average price of $73.64 per share, for a total transaction of $79,531.20. Following the transaction, the insider now directly owns 8,283 shares of the company’s stock, valued at approximately $609,960.12. The disclosure for this purchase can be found here. Insiders sold 23,690 shares of company stock worth $1,866,928 in the last 90 days. Corporate insiders own 2.75% of the company’s stock.
Shares of FCFS stock traded down $0.95 during trading hours on Wednesday, reaching $79.75. 316,724 shares of the company were exchanged, compared to its average volume of 256,030. The stock has a market cap of $3,756.98, a PE ratio of 26.50, a PEG ratio of 1.22 and a beta of 0.76. First Cash Financial Services has a one year low of $44.70 and a one year high of $83.90. The company has a debt-to-equity ratio of 0.20, a quick ratio of 4.69 and a current ratio of 6.99.
First Cash Financial Services (NYSE:FCFS) last issued its earnings results on Thursday, February 1st. The credit services provider reported $0.94 EPS for the quarter, topping analysts’ consensus estimates of $0.84 by $0.10. The company had revenue of $480.21 million for the quarter, compared to analysts’ expectations of $467.32 million. First Cash Financial Services had a net margin of 8.08% and a return on equity of 8.86%. The firm’s revenue was up 3.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.77 EPS. equities research analysts predict that First Cash Financial Services will post 3.29 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 28th. Shareholders of record on Wednesday, February 14th were given a $0.22 dividend. This is a boost from First Cash Financial Services’s previous quarterly dividend of $0.20. The ex-dividend date of this dividend was Tuesday, February 13th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 1.10%. First Cash Financial Services’s payout ratio is presently 29.24%.
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About First Cash Financial Services
FirstCash, Inc operates retail-based pawn and consumer finance stores in the United States and Mexico. Its pawn stores lend money on the collateral of pledged personal property, including consumer electronics, jewelry, power tools, household appliances, sporting goods, and musical instruments; and retails previously owned merchandise acquired through pawn forfeitures, as well as through purchases from the general public.
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