First Cash Financial Services Inc. (FCFS) Stock Price Down 2.2%
First Cash Financial Services Inc. (NASDAQ:FCFS) shares traded down 2.2% during trading on Thursday . The stock traded as low as $49.70 and last traded at $50.58, with a volume of 94,847 shares traded. The stock had previously closed at $51.72.
Several research analysts have commented on the stock. Jefferies Group assumed coverage on shares of First Cash Financial Services in a report on Friday. They issued a “buy” rating and a $60.00 price objective for the company. Zacks Investment Research upgraded shares of First Cash Financial Services from a “strong sell” rating to a “hold” rating in a report on Monday, July 18th. Sterne Agee CRT lowered shares of First Cash Financial Services from a “buy” rating to a “neutral” rating in a report on Monday, May 16th. Finally, TheStreet upgraded shares of First Cash Financial Services from a “hold” rating to a “buy” rating in a report on Thursday, July 28th. Five analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $48.00.
The stock has a 50-day moving average of $51.69 and a 200 day moving average of $47.29. The firm has a market capitalization of $1.49 billion and a P/E ratio of 26.95.
First Cash Financial Services (NASDAQ:FCFS) last announced its quarterly earnings results on Thursday, July 28th. The company reported $0.51 earnings per share for the quarter, topping the consensus estimate of $0.47 by $0.04. During the same quarter in the prior year, the firm posted $0.51 EPS. The business earned $181.98 million during the quarter, compared to the consensus estimate of $178.75 million. The company’s revenue for the quarter was up 8.6% on a year-over-year basis. Equities research analysts anticipate that First Cash Financial Services Inc. will post $2.37 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 24th. Investors of record on Wednesday, August 10th were given a $0.125 dividend. This represents a $0.50 annualized dividend and a yield of 0.95%. The ex-dividend date was Monday, August 8th.
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.