DFC Global Corp.’s “Sell” Rating Reaffirmed at Zacks (DLLR)
DFC Global Corp. (NASDAQ:DLLR)‘s stock had its “sell” rating restated by Zacks in a research report issued to clients and investors on Thursday, Analyst Ratings News reports. They currently have a $10.00 target price on the stock. Zacks‘ target price suggests a potential downside of 17.32% from the company’s current price.
Shares of DFC Global Corp. (NASDAQ:DLLR) traded down 0.62% during mid-day trading on Thursday, hitting $12.095. 1,126,053 shares of the company’s stock traded hands. DFC Global Corp. has a 52-week low of $10.81 and a 52-week high of $19.97. The stock has a 50-day moving average of $11.87 and a 200-day moving average of $13.74. The company’s market cap is $477.6 million.
DFC Global Corp. (NASDAQ:DLLR) last posted its quarterly earnings results on Wednesday, October 30th. The company reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by $0.05. The company had revenue of $261.60 million for the quarter, compared to the consensus estimate of $273.42 million. During the same quarter in the prior year, the company posted $0.47 earnings per share. The company’s quarterly revenue was down 5.5% on a year-over-year basis. Analysts expect that DFC Global Corp. will post $1.22 EPS for the current fiscal year.
Other equities research analysts have also recently issued reports about the stock. Analysts at FBR Capital Markets cut their price target on shares of DFC Global Corp. from $12.00 to $11.00 in a research note to investors on Thursday. They now have a “market perform” rating on the stock. Separately, analysts at Nomura reiterated a “buy” rating on shares of DFC Global Corp. in a research note to investors on Thursday. They now have a $16.00 price target on the stock. Finally, analysts at BTIG Research initiated coverage on shares of DFC Global Corp. in a research note to investors on Monday, September 9th. They set a “buy” rating on the stock. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and four have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $15.86.
DFC Global Corp., formerly Dollar Financial Corp. is an international non-bank provider of alternative financial services, unsecured short term consumer loans, secured pawn loans, check cashing, money transfers and reloadable prepaid debit cards.
To view Zacks’ full report, visit www.zacks.com
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