Shares of First Cash Financial Services Inc. (NASDAQ:FCFS) have received an average rating of “Buy” from the nine brokerages that are presently covering the firm. Four equities research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $49.00.

A number of research firms recently commented on FCFS. Zacks Investment Research raised shares of First Cash Financial Services from a “strong sell” rating to a “hold” rating in a research note on Monday, July 18th. TheStreet upgraded shares of First Cash Financial Services from a “hold” rating to a “buy” rating in a report on Thursday, July 28th. JPMorgan Chase & Co. decreased their price objective on shares of First Cash Financial Services from $50.00 to $48.00 and set a “neutral” rating for the company in a report on Thursday, September 8th. Jefferies Group reiterated a “buy” rating and set a $60.00 price objective on shares of First Cash Financial Services in a report on Friday, September 2nd. Finally, Sterne Agee CRT upgraded shares of First Cash Financial Services from a “neutral” rating to a “buy” rating and set a $56.00 price objective for the company in a report on Friday, June 3rd.

First Cash Financial Services (NASDAQ:FCFS) traded down 1.07% during midday trading on Monday, hitting $46.06. 80,527 shares of the stock were exchanged. The company has a market cap of $1.30 billion, a PE ratio of 23.50 and a beta of 0.90. The firm’s 50 day moving average price is $51.22 and its 200 day moving average price is $47.79. First Cash Financial Services has a 12 month low of $29.64 and a 12 month high of $53.95.

First Cash Financial Services (NASDAQ:FCFS) last released its quarterly earnings results on Thursday, July 28th. The company reported $0.51 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $0.04. The firm had revenue of $181.98 million for the quarter, compared to analysts’ expectations of $178.75 million. During the same period in the prior year, the firm posted $0.51 earnings per share. First Cash Financial Services’s revenue for the quarter was up 8.6% on a year-over-year basis. On average, equities research analysts forecast that First Cash Financial Services will post $2.26 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 24th. Stockholders of record on Wednesday, August 10th were issued a $0.125 dividend. The ex-dividend date of this dividend was Monday, August 8th. This represents a $0.50 annualized dividend and a dividend yield of 1.07%. First Cash Financial Services’s dividend payout ratio is currently 25.38%.

Several large investors have recently bought and sold shares of the stock. Legal & General Group Plc raised its stake in First Cash Financial Services by 14.2% in the first quarter. Legal & General Group Plc now owns 7,563 shares of the company’s stock valued at $348,000 after buying an additional 942 shares in the last quarter. Renaissance Technologies LLC raised its position in First Cash Financial Services by 42.0% in the first quarter. Renaissance Technologies LLC now owns 111,600 shares of the company’s stock valued at $5,140,000 after buying an additional 33,000 shares during the period. Lazard Asset Management LLC raised its position in First Cash Financial Services by 17.9% in the first quarter. Lazard Asset Management LLC now owns 162,243 shares of the company’s stock valued at $7,472,000 after buying an additional 24,600 shares during the period. State Street Corp raised its position in First Cash Financial Services by 2.7% in the first quarter. State Street Corp now owns 542,897 shares of the company’s stock valued at $25,005,000 after buying an additional 14,019 shares during the period. Finally, JPMorgan Chase & Co. raised its position in First Cash Financial Services by 2.7% in the first quarter. JPMorgan Chase & Co. now owns 970,602 shares of the company’s stock valued at $44,706,000 after buying an additional 25,623 shares during the period.

About First Cash Financial Services

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.

5 Day Chart for NASDAQ:FCFS

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