FirstCash (FCFS) Projected to Post Earnings on Thursday

FirstCash (NASDAQ:FCFS) is projected to issue 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 Down 1.0 %

Shares of NASDAQ FCFS opened at $111.56 on Wednesday. The firm has a market cap of $4.99 billion, a price-to-earnings ratio of 20.66 and a beta of 0.66. FirstCash has a 1 year low of $100.24 and a 1 year high of $133.64. The company has a debt-to-equity ratio of 0.87, a quick ratio of 3.23 and a current ratio of 4.31. The stock’s 50-day simple moving average is $106.80 and its 200-day simple moving average is $110.72.

Insider Buying and Selling at FirstCash

In other FirstCash news, CFO R Douglas Orr sold 2,000 shares of the firm’s stock in a transaction dated Tuesday, November 5th. The shares were sold at an average price of $105.68, for a total transaction of $211,360.00. Following the transaction, the chief financial officer now owns 88,715 shares of the company’s stock, valued at approximately $9,375,401.20. This trade represents a 2.20 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 14.77% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

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

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.