News articles about FirstCash (NASDAQ:FCFS) have trended somewhat positive this week, AlphaOne Sentiment Analysis reports. The research firm, a service of Accern, identifies negative and positive media coverage by monitoring more than 20 million blog and news sources in real time. AlphaOne ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. FirstCash earned a news impact score of 0.11 on AlphaOne’s scale. AlphaOne also gave media stories about the credit services provider an impact score of 24 out of 100, indicating that recent media coverage is very unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the news stories that may have effected Alpha One Sentiment’s rankings:
- FirstCash : Announces Expiration of Tender Offer and Consent Solicitation (4-traders.com)
- FirstCash Announces Expiration of Tender Offer and Consent Solicitation (finance.yahoo.com)
- What is the intrinsic value of FirstCash Inc (FCFS) (simplywall.st)
- FCFS Crosses Above Average Analyst Target (nasdaq.com)
- First Cash, Inc. Common Stock (NYSE:FCFS) Trading Up – Insiders Are Selling (highlightpress.com)
A number of equities analysts recently commented on FCFS shares. Jefferies Group LLC reaffirmed a “buy” rating and issued a $60.00 price objective on shares of FirstCash in a research note on Friday, April 7th. Zacks Investment Research lowered shares of FirstCash from a “buy” rating to a “hold” rating in a research note on Friday, April 28th. Wedbush lifted their target price on shares of FirstCash from $50.00 to $55.00 and gave the company an “outperform” rating in a research note on Tuesday, April 4th. Finally, TheStreet raised shares of FirstCash from a “c+” rating to a “b” rating in a research note on Monday, April 17th. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $54.43.
FirstCash (NASDAQ:FCFS) traded down 0.54% during midday trading on Friday, hitting $55.65. 282,805 shares of the company traded hands. The firm has a market capitalization of $2.69 billion, a PE ratio of 28.08 and a beta of 0.90. FirstCash has a 12-month low of $39.80 and a 12-month high of $56.80. The stock’s 50-day moving average is $53.83 and its 200-day moving average is $47.82.
FirstCash (NASDAQ:FCFS) last posted its earnings results on Thursday, April 27th. The credit services provider reported $0.68 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.60 by $0.08. FirstCash had a net margin of 7.29% and a return on equity of 8.92%. The firm had revenue of $447.60 million during the quarter, compared to analyst estimates of $435.14 million. During the same quarter in the prior year, the business posted $0.48 EPS. The business’s revenue was up 144.3% compared to the same quarter last year. Analysts anticipate that FirstCash will post $2.58 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Wednesday, May 31st. Stockholders of record on Monday, May 15th were paid a $0.19 dividend. The ex-dividend date of this dividend was Thursday, May 11th. This represents a $0.76 annualized dividend and a dividend yield of 1.37%. FirstCash’s payout ratio is 25.38%.
In other news, CFO R Douglas Orr sold 7,500 shares of the company’s stock in a transaction on Thursday, June 8th. The shares were sold at an average price of $55.00, for a total value of $412,500.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In the last quarter, insiders sold 15,000 shares of company stock valued at $800,000.
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FirstCash Company Profile
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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