Pathward Financial (NASDAQ:CASH) Hits New 52-Week High – Time to Buy?

Pathward Financial, Inc. (NASDAQ:CASH) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $93.08 and last traded at $91.14, with a volume of 320751 shares. The stock had previously closed at $91.08.

Analyst Ratings Changes

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

Pathward Financial Trading Up 0.1%

The company has a 50 day simple moving average of $76.18 and a two-hundred day simple moving average of $74.82. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.79 and a current ratio of 0.81. The firm has a market cap of $2.02 billion, a PE ratio of 11.14 and a beta of 0.75.

Pathward Financial (NASDAQ:CASH) last released its earnings results on Thursday, January 22nd. The savings and loans company reported $1.57 EPS for the quarter, topping analysts’ consensus estimates of $1.38 by $0.19. The firm had revenue of $173.10 million during the quarter, compared to the consensus estimate of $185.80 million. Pathward Financial had a return on equity of 22.76% and a net margin of 22.95%.The company’s revenue was down .2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.29 earnings per share. Pathward Financial has set its FY 2026 guidance at 8.550-9.050 EPS. Analysts expect that Pathward Financial, Inc. will post 7.26 EPS for the current fiscal year.

Pathward Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 2nd. Stockholders of record on Wednesday, December 10th were issued a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend was Wednesday, December 10th. Pathward Financial’s dividend payout ratio is 2.44%.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the business. Bessemer Group Inc. boosted its holdings in Pathward Financial by 647.8% in the second quarter. Bessemer Group Inc. now owns 344 shares of the savings and loans company’s stock valued at $27,000 after purchasing an additional 298 shares during the last quarter. Hughes Financial Services LLC purchased a new position in shares of Pathward Financial during the 2nd quarter valued at about $30,000. EverSource Wealth Advisors LLC lifted its holdings in shares of Pathward Financial by 43,200.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 433 shares of the savings and loans company’s stock valued at $34,000 after buying an additional 432 shares during the period. State of Wyoming acquired a new position in shares of Pathward Financial in the 2nd quarter valued at about $46,000. Finally, PNC Financial Services Group Inc. boosted its stake in shares of Pathward Financial by 10.6% in the third quarter. PNC Financial Services Group Inc. now owns 2,281 shares of the savings and loans company’s stock worth $169,000 after buying an additional 218 shares during the last quarter. Hedge funds and other institutional investors 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.