Pathward Financial (NASDAQ:CASH) Cut to “Hold” at Wall Street Zen

Pathward Financial (NASDAQ:CASH) was downgraded by research analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a note issued to investors on Saturday.

Other research analysts also recently issued research reports about the stock. Weiss Ratings upgraded shares of Pathward Financial from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday. Keefe, Bruyette & Woods raised Pathward Financial from a “market perform” rating to an “outperform” rating and set a $100.00 price target on the stock in a research report on Friday, January 23rd. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $97.00.

Pathward Financial Stock Up 1.0%

CASH opened at $90.29 on Friday. The firm has a market cap of $2.00 billion, a P/E ratio of 11.04 and a beta of 0.74. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.79 and a current ratio of 0.81. The business has a 50 day moving average price of $75.36 and a 200 day moving average price of $74.78. Pathward Financial has a twelve month low of $64.45 and a twelve month high of $91.00.

Pathward Financial (NASDAQ:CASH) last announced its quarterly earnings results on Thursday, January 22nd. The savings and loans company reported $1.57 EPS for the quarter, beating the consensus estimate of $1.38 by $0.19. Pathward Financial had a return on equity of 22.76% and a net margin of 22.95%.The company had revenue of $173.10 million for the quarter, compared to the consensus estimate of $185.80 million. During the same quarter last year, the company posted $1.29 earnings per share. The company’s revenue for the quarter was down .2% compared to the same quarter last year. Pathward Financial has set its FY 2026 guidance at 8.550-9.050 EPS. Research analysts forecast that Pathward Financial will post 7.26 EPS for the current year.

Institutional Trading of Pathward Financial

Several institutional investors have recently modified their holdings of the company. Bessemer Group Inc. raised its stake in shares of Pathward Financial by 647.8% in the second quarter. Bessemer Group Inc. now owns 344 shares of the savings and loans company’s stock valued at $27,000 after purchasing an additional 298 shares in the last quarter. Hughes Financial Services LLC acquired a new position in shares of Pathward Financial in the 2nd quarter valued at $30,000. EverSource Wealth Advisors LLC lifted its holdings in shares of Pathward Financial by 43,200.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 433 shares of the savings and loans company’s stock worth $34,000 after acquiring an additional 432 shares during the period. State of Wyoming acquired a new stake in shares of Pathward Financial during the 2nd quarter valued at about $46,000. Finally, PNC Financial Services Group Inc. increased its stake in Pathward Financial by 10.6% in the third quarter. PNC Financial Services Group Inc. now owns 2,281 shares of the savings and loans company’s stock valued at $169,000 after acquiring an additional 218 shares during the period. Institutional investors and hedge funds own 92.66% of the company’s stock.

About Pathward Financial

Pathward Financial (NASDAQ:CASH) is a U.S.-based financial services company that operates through its wholly owned subsidiary, Pathward Bank. The company provides a range of banking and payment solutions designed for consumers, small businesses, community banks and fintech partners. Core offerings include deposit accounts, consumer and commercial lending, debit and prepaid card programs, digital banking platforms and treasury management services.

Through its banking charter, Pathward Financial delivers customizable payment solutions, including prepaid cards, payroll cards and benefit disbursement programs.