FirstCash Inc (FCFS) Scheduled to Post Earnings on Wednesday
FirstCash Inc (NASDAQ:FCFS) is scheduled to post its quarterly earnings results before the market opens on Wednesday, October 25th. Analysts expect FirstCash to post earnings of $0.62 per share for the quarter. FirstCash has set its FY17 guidance at $2.60-2.70 EPS.
FirstCash (NASDAQ:FCFS) last announced its earnings results on Thursday, July 27th. The credit services provider reported $0.52 EPS for the quarter, topping the consensus estimate of $0.47 by $0.05. The business had revenue of $416.60 million during the quarter, compared to the consensus estimate of $410.65 million. FirstCash had a net margin of 3.66% and a return on equity of 4.10%. FirstCash’s revenue was up 128.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.51 EPS. On average, analysts expect FirstCash to post $2.65 EPS for the current fiscal year and $3.10 EPS for the next fiscal year.
Shares of FirstCash Inc (NASDAQ FCFS) remained flat at $60.60 during mid-day trading on Monday. The stock had a trading volume of 6,018 shares. The stock has a market cap of $2.89 billion, a PE ratio of 32.81 and a beta of 0.90. FirstCash Inc has a 52 week low of $39.80 and a 52 week high of $63.60. The company’s 50 day moving average is $60.68 and its 200-day moving average is $56.71.
FCFS has been the subject of several research reports. BidaskClub lowered shares of FirstCash from a “buy” rating to a “hold” rating in a research report on Friday, October 6th. JMP Securities increased their price target on shares of FirstCash and gave the company an “outperform” rating in a research report on Friday, July 28th. Zacks Investment Research lowered shares of FirstCash from a “buy” rating to a “hold” rating in a research report on Tuesday, September 5th. Wedbush increased their price target on shares of FirstCash from $62.00 to $66.00 and gave the company an “outperform” rating in a research report on Thursday, October 5th. Finally, Jefferies Group LLC set a $69.00 price target on shares of FirstCash and gave the company a “buy” rating in a research report on Friday, August 18th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and five have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $64.57.
FirstCash, Inc, formerly 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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