FirstCash (FCFS) to Release Quarterly Earnings on Thursday

FirstCash (NASDAQ:FCFS) will likely be posting its quarterly earnings results before the market opens on Thursday, January 30th. Analysts expect FirstCash to post earnings of $2.02 per share and revenue of $899,770.00 billion for the quarter.

FirstCash Stock Performance

NASDAQ FCFS opened at $112.63 on Tuesday. The business has a 50 day moving average price of $106.67 and a 200 day moving average price of $110.65. The company has a debt-to-equity ratio of 0.87, a current ratio of 4.31 and a quick ratio of 3.23. The company has a market capitalization of $5.04 billion, a P/E ratio of 20.86 and a beta of 0.66. FirstCash has a 1-year low of $100.24 and a 1-year high of $133.64.

Insiders Place Their Bets

In other news, CFO R Douglas Orr sold 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 5th. The shares were sold at an average price of $105.68, for a total value of $211,360.00. Following the completion of the transaction, the chief financial officer now owns 88,715 shares of the company’s stock, valued at $9,375,401.20. The trade was a 2.20 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 14.77% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the company. Stephens started coverage on FirstCash in a research note on Wednesday, November 13th. They set an “overweight” rating and a $137.00 price target for the company. TD Cowen dropped their target price on shares of FirstCash from $134.00 to $130.00 and set a “buy” rating for the company in a report on Monday, October 28th.

About FirstCash

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.