FirstCash Holdings, Inc. (NASDAQ:FCFS – Get Free Report) COO Thomas Brent Stuart sold 10,000 shares of FirstCash stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $228.49, for a total value of $2,284,900.00. Following the completion of the transaction, the chief operating officer owned 140,846 shares in the company, valued at approximately $32,181,902.54. This represents a 6.63% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
FirstCash Stock Up 0.4%
FCFS opened at $225.86 on Wednesday. The company has a market cap of $9.90 billion, a P/E ratio of 28.30 and a beta of 0.52. The business’s 50-day moving average price is $205.38 and its 200-day moving average price is $181.10. The company has a current ratio of 4.77, a quick ratio of 3.42 and a debt-to-equity ratio of 0.98. FirstCash Holdings, Inc. has a 12 month low of $119.21 and a 12 month high of $235.97.
FirstCash (NASDAQ:FCFS – Get Free Report) last released its quarterly earnings data on Thursday, April 23rd. The company reported $2.69 EPS for the quarter, topping the consensus estimate of $2.30 by $0.39. The firm had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $1 billion. FirstCash had a return on equity of 18.68% and a net margin of 9.15%.The company’s quarterly revenue was up 25.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.07 earnings per share. On average, equities analysts expect that FirstCash Holdings, Inc. will post 11.3 EPS for the current year.
FirstCash Announces Dividend
Analyst Upgrades and Downgrades
Several analysts recently issued reports on the company. TD Cowen raised their target price on FirstCash from $205.00 to $235.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. Weiss Ratings cut FirstCash from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Monday, April 27th. Canaccord Genuity Group raised their target price on FirstCash from $242.00 to $252.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. Zacks Research raised FirstCash from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 29th. Finally, Wall Street Zen cut FirstCash from a “strong-buy” rating to a “buy” rating in a research note on Sunday, May 10th. Two equities research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, FirstCash presently has a consensus rating of “Buy” and a consensus price target of $198.00.
Read Our Latest Analysis on FirstCash
Institutional Trading of FirstCash
Several large investors have recently bought and sold shares of the company. Villanova Investment Management Co LLC boosted its position in FirstCash by 0.4% during the 4th quarter. Villanova Investment Management Co LLC now owns 12,783 shares of the company’s stock valued at $2,037,000 after acquiring an additional 54 shares in the last quarter. Root Financial Partners LLC boosted its position in FirstCash by 29.6% during the 1st quarter. Root Financial Partners LLC now owns 245 shares of the company’s stock valued at $46,000 after acquiring an additional 56 shares in the last quarter. State of Wyoming boosted its position in FirstCash by 4.3% during the 3rd quarter. State of Wyoming now owns 1,765 shares of the company’s stock valued at $280,000 after acquiring an additional 73 shares in the last quarter. Profund Advisors LLC boosted its position in FirstCash by 4.9% during the 3rd quarter. Profund Advisors LLC now owns 1,632 shares of the company’s stock valued at $259,000 after acquiring an additional 76 shares in the last quarter. Finally, Ascent Group LLC boosted its position in FirstCash by 6.0% during the 4th quarter. Ascent Group LLC now owns 1,423 shares of the company’s stock valued at $227,000 after acquiring an additional 81 shares in the last quarter. 80.30% of the stock is owned by institutional investors.
FirstCash Company Profile
FirstCash, Inc (NASDAQ: FCFS) is a leading integrated operator of pawn stores and provider of short-term consumer loan services in the United States and Mexico. Through its retail pawn outlets, FirstCash offers collateral-based loans secured by personal property, enabling customers to access liquidity without a credit history or traditional bank account. The company also purchases, trades and sells a broad range of secondhand merchandise, including electronics, jewelry and power tools, through its network of conveniently located stores.
In addition to its pawn-broking activities, FirstCash provides unsecured consumer loans designed to meet urgent cash needs.
See Also
- Five stocks we like better than FirstCash
- HIVE Weaponizes Power for an AI Pivot
- A Deep Dive Into NVIDIA’s Latest Portfolio Moves
- Brady Corp Wires Up a Massive AI-Powered Breakout
- Why Home Depot’s Sell-Off Could Become a Huge Opportunity
Receive News & Ratings for FirstCash Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FirstCash and related companies with MarketBeat.com's FREE daily email newsletter.
