Cash America International Lowered to “Market Perform” at FBR Capital Markets (CSH)
Cash America International (NYSE:CSH) was downgraded by research analysts at FBR Capital Markets from an “outperform” rating to a “market perform” rating in a report released on Friday, TheFlyOnTheWall.com reports. They currently have a $46.00 price target on the stock, down from their previous price target of $48.00. FBR Capital Markets’ price objective would suggest a potential upside of 0.48% from the stock’s previous close.
Cash America International (NYSE:CSH) opened at 45.78 on Friday. Cash America International has a 52-week low of $34.80 and a 52-week high of $49.11. The stock’s 50-day moving average is $45.30 and its 200-day moving average is $40.62. The company has a market cap of $1.288 billion and a price-to-earnings ratio of 9.55.
Cash America International (NYSE:CSH) last issued its quarterly earnings data on Thursday, April 24th. The company reported $1.59 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.52 by $0.07. The company had revenue of $493.10 million for the quarter, compared to the consensus estimate of $473.86 million. During the same quarter in the prior year, the company posted $1.40 earnings per share. The company’s quarterly revenue was up 5.3% on a year-over-year basis. On average, analysts predict that Cash America International will post $4.42 earnings per share for the current fiscal year.
Other equities research analysts have also recently issued reports about the stock. Analysts at Janney Montgomery Scott downgraded shares of Cash America International from a “buy” rating to a “neutral” rating in a research note on Tuesday, June 3rd. They now have a $47.00 price target on the stock, down previously from $48.00. Analysts at Ascendiant Capital Markets raised their price target on shares of Cash America International from $57.00 to $63.00 in a research note on Friday, April 11th. They now have a “buy” rating on the stock. Six research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $45.53.
Cash America International, Inc provides specialty financial services to individuals through retail services locations and through electronic distribution platforms known as e-commerce activities.
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