FirstCash (NASDAQ:FCFS – Get Rating) will issue its quarterly earnings data before the market opens on Thursday, April 28th. Analysts expect the company to announce earnings of $1.10 per share for the quarter.
FirstCash (NASDAQ:FCFS – Get Rating) last announced its quarterly earnings results on Tuesday, February 8th. The company reported $1.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.14 by $0.38. FirstCash had a return on equity of 11.36% and a net margin of 7.35%. The company had revenue of $501.80 million for the quarter, compared to the consensus estimate of $475.94 million. During the same quarter in the previous year, the business earned $0.79 EPS. FirstCash’s revenue was up 27.9% compared to the same quarter last year. On average, analysts expect FirstCash to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.
Shares of NASDAQ:FCFS opened at $74.81 on Thursday. FirstCash has a 1 year low of $58.30 and a 1 year high of $97.04. The company has a market cap of $3.63 billion, a PE ratio of 24.61 and a beta of 0.86. The company has a debt-to-equity ratio of 0.72, a current ratio of 2.88 and a quick ratio of 2.21. The stock’s 50-day moving average is $70.70 and its 200 day moving average is $73.52.
A number of research analysts recently issued reports on FCFS shares. Zacks Investment Research upgraded FirstCash from a “sell” rating to a “hold” rating in a report on Friday, February 11th. Wedbush reduced their price target on FirstCash from $93.00 to $80.00 and set a “neutral” rating on the stock in a report on Wednesday, March 9th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $92.00.
In other news, insider Howard F. Hambleton bought 1,472 shares of FirstCash stock in a transaction on Tuesday, February 22nd. The shares were purchased at an average price of $76.18 per share, for a total transaction of $112,136.96. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. 2.74% of the stock is currently owned by corporate insiders.
Institutional investors and hedge funds have recently modified their holdings of the company. Invesco Ltd. boosted its position in shares of FirstCash by 28.9% in the 4th quarter. Invesco Ltd. now owns 129,454 shares of the company’s stock worth $9,685,000 after purchasing an additional 28,997 shares in the last quarter. Millennium Management LLC boosted its position in shares of FirstCash by 82.1% in the 4th quarter. Millennium Management LLC now owns 127,188 shares of the company’s stock worth $9,515,000 after purchasing an additional 57,350 shares in the last quarter. Public Employees Retirement System of Ohio boosted its position in shares of FirstCash by 42.0% in the 4th quarter. Public Employees Retirement System of Ohio now owns 98,526 shares of the company’s stock worth $7,371,000 after purchasing an additional 29,146 shares in the last quarter. D. E. Shaw & Co. Inc. boosted its position in shares of FirstCash by 433.0% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 75,163 shares of the company’s stock worth $5,623,000 after purchasing an additional 61,061 shares in the last quarter. Finally, Parametric Portfolio Associates LLC boosted its position in shares of FirstCash by 36.7% in the 4th quarter. Parametric Portfolio Associates LLC now owns 72,710 shares of the company’s stock worth $5,439,000 after purchasing an additional 19,512 shares in the last quarter. 93.16% of the stock is currently owned by hedge funds and other institutional investors.
FirstCash Company Profile (Get Rating)
FirstCash Holdings, Inc, together with its subsidiaries, operates retail pawn stores in the United States, Mexico, and rest of Latin America. Its pawn stores lend money on the collateral of pledged personal property, including jewelry, electronics, tools, appliances, sporting goods, and musical instruments; and retails merchandise acquired through collateral forfeitures on forfeited pawn loans and over-the-counter purchases of merchandise directly from customers.
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