DFC Global Corp. Stock Rating Lowered by Nomura (DLLR)
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.
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