Share on StockTwits
 

DFC Global Corp. (NASDAQ:DLLR) was downgraded by Nomura from a “buy” rating to a “neutral” rating in a research note issued on Friday, TheFlyOnTheWall.com reports. They currently have a $8.00 target price on the stock, down from their previous target price of $16.00. Nomura’s price target suggests a potential upside of 6.38% from the stock’s previous close.

Shares of DFC Global Corp. (NASDAQ:DLLR) traded down 28.86% during mid-day trading on Friday, hitting $7.52. 5,859,988 shares of the company’s stock traded hands. DFC Global Corp. has a 1-year low of $7.49 and a 1-year high of $19.97. The stock has a 50-day moving average of $10. and a 200-day moving average of $12.10. The company’s market cap is $292.0 million.

DFC Global Corp. (NASDAQ:DLLR) last released its earnings data on Thursday, January 30th. The company reported $0.04 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.19 by $0.15. The company had revenue of $262.30 million for the quarter, compared to the consensus estimate of $272.08 million. On average, analysts predict that DFC Global Corp. will post $0.97 earnings per share for the current fiscal year.

Separately, analysts at Zacks upgraded shares of DFC Global Corp. from an “underperform” rating to a “neutral” rating in a research note to investors on Wednesday, November 20th. They now have a $14.00 price target on the stock. Seven investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $13.86.

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.

The Fly On The Wall

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.