FirstCash (FCFS) Receives News Impact Rating of 0.06
Press coverage about FirstCash (NYSE:FCFS) has trended somewhat positive this week, Accern Sentiment reports. The research group ranks the sentiment of media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. FirstCash earned a news impact score of 0.06 on Accern’s scale. Accern also assigned news stories about the credit services provider an impact score of 47.9239577289159 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the media headlines that may have effected Accern Sentiment Analysis’s analysis:
- Insider Buying: FirstCash Inc (FCFS) Insider Purchases 1,080 Shares of Stock (americanbankingnews.com)
- FirstCash Inc (FCFS) CFO R Douglas Orr Sells 5,000 Shares (americanbankingnews.com)
- Brokers Set Expectations for FirstCash Inc’s Q1 2018 Earnings (FCFS) (americanbankingnews.com)
- Wedbush Weighs in on FirstCash Inc’s Q1 2019 Earnings (FCFS) (americanbankingnews.com)
- FirstCash (FCFS) Stock Rating Reaffirmed by Wedbush (americanbankingnews.com)
A number of research analysts recently issued reports on the company. Zacks Investment Research upgraded FirstCash from a “hold” rating to a “buy” rating and set a $82.00 price objective for the company in a report on Thursday, February 1st. Wedbush restated an “outperform” rating and issued a $83.00 price target (up from $75.00) on shares of FirstCash in a research note on Monday. ValuEngine downgraded FirstCash from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. BidaskClub upgraded FirstCash from a “sell” rating to a “hold” rating in a research note on Friday, October 27th. Finally, Jefferies Group restated a “buy” rating and issued a $73.00 price target on shares of FirstCash in a research note on Thursday, October 12th. Four investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. FirstCash currently has a consensus rating of “Buy” and an average target price of $71.83.
FirstCash (NYSE:FCFS) last released its quarterly earnings data on Thursday, February 1st. The credit services provider reported $0.94 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.84 by $0.10. FirstCash had a return on equity of 8.86% and a net margin of 8.08%. The company had revenue of $480.21 million during the quarter, compared to analysts’ expectations of $467.32 million. During the same period last year, the firm posted $0.77 earnings per share. The business’s revenue was up 3.9% on a year-over-year basis. equities research analysts predict that FirstCash will post 3.31 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 28th. Shareholders of record on Wednesday, February 14th will be issued a $0.22 dividend. The ex-dividend date is Tuesday, February 13th. This is a boost from FirstCash’s previous quarterly dividend of $0.20. This represents a $0.88 annualized dividend and a yield of 1.24%. FirstCash’s payout ratio is currently 26.58%.
In other news, CFO R Douglas Orr sold 5,000 shares of FirstCash stock in a transaction on Monday, February 5th. The stock was sold at an average price of $73.43, for a total value of $367,150.00. Following the transaction, the chief financial officer now owns 172,000 shares in the company, valued at approximately $12,629,960. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Thomas Brent Stuart purchased 1,080 shares of the firm’s stock in a transaction dated Monday, February 5th. The stock was acquired at an average price of $73.64 per share, for a total transaction of $79,531.20. Following the purchase, the insider now owns 8,283 shares in the company, valued at approximately $609,960.12. The disclosure for this purchase can be found here. Company insiders own 2.75% of the company’s stock.
FirstCash, Inc, formerly 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.
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