FirstCash Holdings, Inc. (NASDAQ:FCFS - Get Free Report) CFO R Douglas Orr sold 2,000 shares of the firm's stock in a transaction on Monday, May 6th. The stock was sold at an average price of $116.53, for a total transaction of $233,060.00. Following the transaction, the chief financial officer now directly owns 92,715 shares of the company's stock, valued at approximately $10,804,078.95. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
FirstCash Price Performance
NASDAQ:FCFS opened at $116.61 on Tuesday. FirstCash Holdings, Inc. has a 52 week low of $88.05 and a 52 week high of $133.64. The company has a quick ratio of 3.03, a current ratio of 3.99 and a debt-to-equity ratio of 0.75. The stock has a market capitalization of $5.30 billion, a PE ratio of 22.73 and a beta of 0.63. The stock's 50-day moving average price is $121.83 and its 200-day moving average price is $115.28.
FirstCash (NASDAQ:FCFS - Get Free Report) last posted its earnings results on Thursday, April 25th. The company reported $1.55 EPS for the quarter, beating analysts' consensus estimates of $1.50 by $0.05. FirstCash had a return on equity of 14.73% and a net margin of 7.23%. The firm had revenue of $836.40 million for the quarter, compared to analysts' expectations of $846.08 million. During the same period last year, the firm earned $1.25 EPS. The company's quarterly revenue was up 9.7% on a year-over-year basis. As a group, equities analysts expect that FirstCash Holdings, Inc. will post 6.75 EPS for the current fiscal year.
FirstCash Announces Dividend
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The firm also recently announced a quarterly dividend, which will be paid on Friday, May 31st. Stockholders of record on Wednesday, May 15th will be given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.20%. The ex-dividend date of this dividend is Tuesday, May 14th. FirstCash's dividend payout ratio (DPR) is presently 27.29%.
Institutional Investors Weigh In On FirstCash
Institutional investors have recently modified their holdings of the business. Monument Capital Management acquired a new stake in FirstCash in the 4th quarter worth about $2,135,000. Sei Investments Co. boosted its holdings in FirstCash by 17.4% in the 3rd quarter. Sei Investments Co. now owns 426,752 shares of the company's stock worth $42,837,000 after buying an additional 63,219 shares during the last quarter. FMR LLC boosted its holdings in FirstCash by 2.3% in the 3rd quarter. FMR LLC now owns 6,556,669 shares of the company's stock worth $658,158,000 after buying an additional 145,821 shares during the last quarter. Pathstone Family Office LLC acquired a new stake in FirstCash in the 3rd quarter worth about $297,000. Finally, Annex Advisory Services LLC boosted its holdings in FirstCash by 46.2% in the 3rd quarter. Annex Advisory Services LLC now owns 55,304 shares of the company's stock worth $5,551,000 after buying an additional 17,486 shares during the last quarter. 80.30% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several brokerages have weighed in on FCFS. Stephens increased their price target on FirstCash from $131.00 to $141.00 and gave the stock an "overweight" rating in a research report on Friday, February 2nd. TD Cowen raised FirstCash from a "hold" rating to a "buy" rating and raised their target price for the stock from $130.00 to $145.00 in a report on Wednesday, April 10th. Finally, Loop Capital raised FirstCash from a "hold" rating to a "buy" rating and boosted their price target for the company from $125.00 to $140.00 in a report on Monday, April 29th.
View Our Latest Stock Report on FCFS
About FirstCash
(
Get Free Report)
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.
Further Reading
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