First Cash Financial Services Inc. (FCFS) Shares Down 2.2%
First Cash Financial Services Inc. (NASDAQ:FCFS) shares were down 2.2% during trading on Thursday . The company traded as low as $49.70 and last traded at $50.58, with a volume of 94,847 shares trading hands. The stock had previously closed at $51.72.
A number of research analysts have recently commented on FCFS shares. Sterne Agee CRT cut First Cash Financial Services from a “buy” rating to a “neutral” rating in a research note on Monday, May 16th. Zacks Investment Research lowered First Cash Financial Services from a “strong-buy” rating to a “hold” rating in a research report on Thursday, May 19th. Finally, TheStreet raised First Cash Financial Services from a “hold” rating to a “buy” rating in a research report on Thursday, July 28th. Six investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. First Cash Financial Services presently has an average rating of “Hold” and a consensus target price of $46.50.
The firm has a market capitalization of $1.42 billion and a price-to-earnings ratio of 25.67. The company has a 50 day moving average price of $51.67 and a 200-day moving average price of $47.23.
First Cash Financial Services (NASDAQ:FCFS) last released its earnings results on Thursday, July 28th. The company reported $0.51 EPS for the quarter, beating analysts’ consensus estimates of $0.47 by $0.04. The business had revenue of $181.98 million for the quarter, compared to the consensus estimate of $178.75 million. The company’s quarterly revenue was up 8.6% compared to the same quarter last year. During the same period in the prior year, the company posted $0.51 EPS. On average, equities research analysts expect that First Cash Financial Services Inc. will post $2.37 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 24th. Stockholders of record on Wednesday, August 10th were paid a dividend of $0.125 per share. The ex-dividend date of this dividend was Monday, August 8th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 0.99%.
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.