Zacks Upgrades Cash America International to Outperform (CSH)
Cash America International (NYSE:CSH) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a research note issued to investors on Monday. The firm currently has a $48.70 price objective on the stock. Zacks‘s price target suggests a potential upside of 9.07% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Citigroup Inc. downgraded shares of Cash America International to a “market perform” rating in a research note on Friday, June 13th. Separately, analysts at FBR Capital Markets downgraded shares of Cash America International from an “outperform” rating to a “market perform” rating in a research note on Friday, June 13th. They now have a $46.00 price target on the stock, down previously from $48.00. Finally, 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. Five equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $46.84.
Cash America International (NYSE:CSH) traded up 0.11% during mid-day trading on Monday, hitting $44.70. The stock had a trading volume of 94,904 shares. Cash America International has a 52-week low of $34.80 and a 52-week high of $49.11. The stock has a 50-day moving average of $45.17 and a 200-day moving average of $41.14. The company has a market cap of $1.257 billion and a P/E ratio of 9.32.
Cash America International (NYSE:CSH) last issued its quarterly earnings data on Thursday, April 24th. The company reported $1.59 earnings per share (EPS) for the quarter, beating the 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. Analysts expect that Cash America International will post $4.35 EPS for the current fiscal year.
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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