First Cash Financial Services PT Lowered to $52.00 (FCFS)
Investment analysts at Jefferies Group cut their price objective on shares of First Cash Financial Services (NASDAQ:FCFS) from $58.00 to $52.00 in a note issued to investors on Wednesday, Stock Ratings Network reports. Jefferies Group’s price target indicates a potential upside of 4.38% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Telsey Advisory Group cut their price target on shares of First Cash Financial Services from $65.00 to $57.00 in a research note to investors on Tuesday. They now have a “not rated” rating on the stock. Separately, 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. Finally, analysts at FBR Capital Markets reiterated a “hold” rating on shares of First Cash Financial Services in a research note to investors on Saturday, November 16th. They now have a $68.00 price target on the stock. Six investment analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $56.21.
Shares of First Cash Financial Services (NASDAQ:FCFS) opened at 49.82 on Wednesday. First Cash Financial Services has a one year low of $47.56 and a one year high of $64.06. The stock’s 50-day moving average is $59.88 and its 200-day moving average is $58.04. The company has a market cap of $1.440 billion and a price-to-earnings 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 in the prior year, the company posted $0.93 earnings per share. The company’s quarterly revenue was up 3.9% on a year-over-year basis. 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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