FirstCash (FCFS) Projected to Post Quarterly Earnings on Thursday

FirstCash (NASDAQ:FCFS) will likely be issuing its quarterly earnings data before the market opens on Thursday, January 30th. Analysts expect the company to announce earnings of $2.02 per share and revenue of $899.77 million for the quarter.

FirstCash Stock Performance

NASDAQ FCFS opened at $111.56 on Wednesday. FirstCash has a twelve month low of $100.24 and a twelve month high of $133.64. The company has a quick ratio of 3.23, a current ratio of 4.31 and a debt-to-equity ratio of 0.87. The stock has a market cap of $4.99 billion, a P/E ratio of 20.66 and a beta of 0.66. The company’s 50-day simple moving average is $106.80 and its 200 day simple moving average is $110.72.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on FCFS. Stephens began coverage on FirstCash in a report on Wednesday, November 13th. They issued an “overweight” rating and a $137.00 target price for the company. TD Cowen cut their price objective on FirstCash from $134.00 to $130.00 and set a “buy” rating for the company in a report on Monday, October 28th.

Insider Activity

In related news, CFO R Douglas Orr sold 2,000 shares of FirstCash stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $105.68, for a total value of $211,360.00. Following the completion of the sale, the chief financial officer now directly owns 88,715 shares in the company, valued at $9,375,401.20. This trade represents a 2.20 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 14.77% of the stock is currently owned by corporate insiders.

FirstCash Company Profile

FirstCash Holdings, Inc, together with its subsidiaries, operates retail pawn stores in the United States, Mexico, and rest of Latin America. The company operates in three segments: U.S. Pawn, Latin America Pawn, and Retail POS Payment Solutions segments. Its pawn stores lend money on the collateral of pledged personal property, including jewelry, electronics, tools, appliances, sporting goods, and musical instruments; and retails merchandise acquired through collateral forfeitures on forfeited pawn loans and over-the-counter purchases of merchandise directly from customers.