Pathward Financial (NASDAQ:CASH) Hits New 52-Week High – Here’s What Happened

Pathward Financial, Inc. (NASDAQ:CASH)’s share price reached a new 52-week high on Friday . The company traded as high as $95.49 and last traded at $95.6440, with a volume of 64544 shares trading hands. The stock had previously closed at $94.52.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. Keefe, Bruyette & Woods raised Pathward Financial from a “market perform” rating to an “outperform” rating and set a $100.00 target price on the stock in a research report on Friday, January 23rd. Wall Street Zen cut Pathward Financial from a “buy” rating to a “hold” rating in a research note on Saturday, January 31st. Finally, Weiss Ratings raised Pathward Financial from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, January 26th. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $97.00.

Pathward Financial Price Performance

The company has a current ratio of 0.81, a quick ratio of 0.79 and a debt-to-equity ratio of 0.04. The company has a market capitalization of $2.08 billion, a P/E ratio of 11.70 and a beta of 0.75. The company has a 50 day moving average price of $80.76 and a 200 day moving average price of $76.00.

Pathward Financial (NASDAQ:CASH) last announced its quarterly earnings results on Thursday, January 22nd. The savings and loans company reported $1.57 earnings per share (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 business had revenue of $173.10 million during the quarter, compared to the consensus estimate of $185.80 million. During the same quarter last year, the firm posted $1.29 EPS. The company’s quarterly revenue was down .2% on a year-over-year basis. Pathward Financial has set its FY 2026 guidance at 8.550-9.050 EPS. On average, equities analysts predict that Pathward Financial, Inc. will post 7.26 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Bessemer Group Inc. lifted its position in Pathward Financial by 647.8% during the second quarter. Bessemer Group Inc. now owns 344 shares of the savings and loans company’s stock worth $27,000 after acquiring an additional 298 shares during the last quarter. Hughes Financial Services LLC bought a new position in shares of Pathward Financial during the second quarter worth approximately $30,000. EverSource Wealth Advisors LLC lifted its holdings in 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 purchasing an additional 432 shares during the last quarter. Smartleaf Asset Management LLC boosted its stake in Pathward Financial by 23.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 630 shares of the savings and loans company’s stock valued at $45,000 after purchasing an additional 118 shares during the period. Finally, State of Wyoming acquired a new position in Pathward Financial in the 2nd quarter valued at $46,000. Institutional investors and hedge funds own 92.66% of the company’s stock.

Pathward Financial Company Profile

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.