First Cash Financial Services Price Target Lowered to $57.00 at Telsey Advisory Group (FCFS)
Research analysts at Telsey Advisory Group lowered their target price on shares of First Cash Financial Services (NASDAQ:FCFS) from $65.00 to $57.00 in a report released on Tuesday, Analyst RN reports. The firm currently has a “not rated” rating on the stock. Telsey Advisory Group’s price target suggests a potential upside of 2.67% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at FBR Capital Markets cut their price target on shares of First Cash Financial Services from $60.00 to $52.00 in a research note to investors on Tuesday. They now have a “market perform” rating on the stock. Seven equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating to the company’s stock. First Cash Financial Services has a consensus rating of “Hold” and a consensus target price of $56.81.
Shares of First Cash Financial Services (NASDAQ:FCFS) traded down 10.27% during mid-day trading on Tuesday, hitting $49.82. The stock had a trading volume of 653,694 shares. First Cash Financial Services has a 52 week low of $47.56 and a 52 week high of $64.06. The stock has a 50-day moving average of $60.37 and a 200-day moving average of $58.07. The company has a market cap of $1.440 billion and a P/E ratio of 19.03.
First Cash Financial Services (NASDAQ:FCFS) last announced its earnings results on Tuesday, January 28th. The company reported $0.87 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.88 by $0.01. The company had revenue of $185.20 million for the quarter, compared to the consensus estimate of $192.28 million. During the same quarter last year, the company posted $0.93 earnings per share. First Cash Financial Services’s revenue was up 3.9% compared to the same quarter last year. Analysts expect that First Cash Financial Services will post $2.87 EPS for the current fiscal year.
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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