Cash America International Given New $43.00 Price Target at Janney Montgomery Scott (CSH)
Research analysts at Janney Montgomery Scott dropped their price target on shares of Cash America International (NYSE:CSH) from $49.00 to $43.00 in a report released on Thursday, AnalystRatings.NET reports. The firm currently has a “buy” rating on the stock. Janney Montgomery Scott’s price objective would indicate a potential upside of 11.08% from the stock’s previous close.
Shares of Cash America International (NYSE:CSH) traded down 3.63% during mid-day trading on Thursday, hitting $38.71. The stock had a trading volume of 812,900 shares. Cash America International has a 52-week low of $34.21 and a 52-week high of $54.12. The stock has a 50-day moving average of $42.19 and a 200-day moving average of $46.40. The company has a market cap of $1.090 billion and a price-to-earnings ratio of 11.83.
Cash America International (NYSE:CSH) last posted its quarterly earnings results on Thursday, October 24th. The company reported $0.80 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.81 by $0.01. The company had revenue of $437.80 million for the quarter, compared to the consensus estimate of $443.67 million. During the same quarter in the previous year, the company posted $1.02 earnings per share. The company’s revenue for the quarter was down .4% on a year-over-year basis. Analysts expect that Cash America International will post $4.10 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Wednesday, November 20th. Shareholders of record on Wednesday, November 6th will be paid a dividend of $0.04 per share. This represents a $0.14 annualized dividend and a dividend yield of 0.36%. The ex-dividend date is Monday, November 4th.
CSH has been the subject of a number of other recent research reports. Analysts at Zacks upgraded shares of Cash America International from a “neutral” rating to an “outperform” rating in a research note to investors on Thursday. They now have a $48.80 price target on the stock. Separately, analysts at Sterne Agee upgraded shares of Cash America International from an “underperform” rating to a “neutral” rating in a research note to investors on Wednesday, September 25th. They now have a $40.00 price target on the stock, up previously from $38.00. Finally, analysts at Ascendiant Capital Markets initiated coverage on shares of Cash America International in a research note to investors on Friday, September 20th. They set a “buy” rating and a $57.00 price target on the stock. Three equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $46.35.
Cash America International, Inc provides specialty financial services to individuals through retail services locations and through electronic distribution platforms known as e-commerce activities.
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