First Cash Financial Services Inc. (NASDAQ:FCFS) saw unusually-strong trading volume on Wednesday . Approximately 158,667 shares changed hands during trading, an increase of 24% from the previous session’s volume of 127,946 shares.The stock last traded at $51.48 and had previously closed at $51.18.

Several equities analysts recently weighed in on FCFS shares. Janney Montgomery Scott downgraded First Cash Financial Services from a “buy” rating to a “neutral” rating in a research report on Thursday, April 21st. TheStreet upgraded First Cash Financial Services from a “hold” rating to a “buy” rating in a research report on Wednesday, April 20th. Sterne Agee CRT downgraded First Cash Financial Services from a “buy” rating to a “neutral” rating and set a $50.00 target price on the stock. in a research report on Thursday, April 28th. Finally, Zacks Investment Research downgraded First Cash Financial Services from a “strong-buy” rating to a “hold” rating in a research report on Thursday, May 19th. Seven investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $46.50.

The stock has a market cap of $1.45 billion and a P/E ratio of 26.23. The company has a 50-day moving average price of $50.75 and a 200-day moving average price of $45.50.

First Cash Financial Services (NASDAQ:FCFS) last issued its earnings results on Thursday, July 28th. The company reported $0.51 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.47 by $0.04. The company earned $181.98 million during the quarter, compared to analyst estimates of $178.75 million. The business’s revenue was up 8.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.51 earnings per share. Analysts anticipate that First Cash Financial Services Inc. will post $2.37 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, August 24th. Investors of record on Wednesday, August 10th will be issued a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 0.97%. The ex-dividend date is Monday, August 8th.

Several institutional investors recently modified their holdings of FCFS. Principal Financial Group Inc. boosted its position in shares of First Cash Financial Services by 0.6% in the fourth quarter. Principal Financial Group Inc. now owns 183,017 shares of the company’s stock worth $6,850,000 after buying an additional 1,121 shares during the last quarter. Rhumbline Advisers boosted its position in shares of First Cash Financial Services by 6.4% in the fourth quarter. Rhumbline Advisers now owns 39,802 shares of the company’s stock worth $1,490,000 after buying an additional 2,390 shares during the last quarter. California State Teachers Retirement System boosted its position in shares of First Cash Financial Services by 1.7% in the fourth quarter. California State Teachers Retirement System now owns 52,280 shares of the company’s stock worth $1,957,000 after buying an additional 885 shares during the last quarter. Bank of Montreal Can boosted its position in shares of First Cash Financial Services by 3,047.4% in the fourth quarter. Bank of Montreal Can now owns 51,995 shares of the company’s stock worth $1,946,000 after buying an additional 50,343 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its position in shares of First Cash Financial Services by 58.7% in the fourth quarter. Wells Fargo & Company MN now owns 495,704 shares of the company’s stock worth $18,554,000 after buying an additional 183,360 shares during the last quarter.

First Cash Financial Services, Inc is an operator of retail-based pawn stores in the United States and Latin America. The Company’s primary business is the operation of full-service pawn stores, which make small pawn loans secured by personal property, such as consumer electronics, jewelry, power tools, household appliances, sporting goods and musical instruments.

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