First Cash Financial Services Price Target Increased to $65.00 by Analysts at Roth Capital (FCFS)
Roth Capital lifted their price objective on shares of First Cash Financial Services (NASDAQ:FCFS) from $62.00 to $65.00 in a research note issued on Friday, Analyst RN reports. The firm currently has a “buy” rating on the stock. Roth Capital’s price objective suggests a potential upside of 9.24% from the company’s current price.
First Cash Financial Services (NASDAQ:FCFS) traded up 2.32% on Friday, hitting $59.50. The stock had a trading volume of 179,021 shares. First Cash Financial Services has a one year low of $41.17 and a one year high of $60.91. The stock’s 50-day moving average is $57.19 and its 200-day moving average is $54.59. The company has a market cap of $1.720 billion and a price-to-earnings ratio of 20.89.
First Cash Financial Services (NASDAQ:FCFS) last issued its quarterly earnings data on Thursday, October 17th. The company reported $0.79 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.65 by $0.14. The company had revenue of $174.00 million for the quarter, compared to the consensus estimate of $166.46 million. During the same quarter in the prior year, the company posted $0.67 earnings per share. The company’s quarterly revenue was up 16.4% on a year-over-year basis. Analysts expect that First Cash Financial Services will post $2.82 EPS for the current fiscal year.
FCFS has been the subject of a number of other recent research reports. Analysts at Jefferies Group reiterated a “hold” rating on shares of First Cash Financial Services in a research note to investors on Friday. They now have a $58.00 price target on the stock, up previously from $53.00. Separately, analysts at Thomson Reuters/Verus downgraded shares of First Cash Financial Services from a “hold” rating to a “sell” rating in a research note to investors on Monday. Finally, analysts at FBR & Co. downgraded shares of First Cash Financial Services from an “outperform” rating to a “market perform” rating in a research note to investors on Tuesday, October 1st. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, two have issued a buy rating and one has given a strong buy rating to the stock. First Cash Financial Services currently has a consensus rating of “Hold” and a consensus price target of $56.57.
First Cash Financial Services, Inc is an operator of retail-based pawn and consumer finance stores in the United States and Mexico.
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