FirstCash Inc (NASDAQ:FCFS) has been given a consensus rating of “Hold” by the ten brokerages that are covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and five have issued a buy rating on the company. The average 1 year price target among brokers that have covered the stock in the last year is $66.40.

A number of brokerages recently weighed in on FCFS. Zacks Investment Research raised shares of FirstCash from a “hold” rating to a “buy” rating and set a $65.00 target price for the company in a research note on Thursday, August 31st. BidaskClub downgraded shares of FirstCash from a “hold” rating to a “sell” rating in a research note on Thursday, September 14th. Finally, CL King downgraded shares of FirstCash from a “strong-buy” rating to a “buy” rating in a research note on Thursday, July 27th.

FirstCash (NASDAQ FCFS) traded up 1.68% during mid-day trading on Friday, reaching $60.60. 253,341 shares of the company’s stock were exchanged. The firm has a market cap of $2.89 billion, a price-to-earnings ratio of 32.81 and a beta of 0.90. FirstCash has a 12 month low of $39.80 and a 12 month high of $63.60. The stock has a 50-day moving average of $60.68 and a 200-day moving average of $56.71.

FirstCash (NASDAQ:FCFS) last released its quarterly earnings results on Thursday, July 27th. The credit services provider reported $0.52 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.47 by $0.05. The firm had revenue of $416.60 million during the quarter, compared to the consensus estimate of $410.65 million. FirstCash had a net margin of 3.66% and a return on equity of 4.10%. The company’s revenue for the quarter was up 128.9% on a year-over-year basis. During the same quarter last year, the firm earned $0.51 earnings per share. Analysts anticipate that FirstCash will post $2.65 earnings per share for the current year.

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Hedge funds and other institutional investors have recently made changes to their positions in the stock. BlueCrest Capital Management Ltd bought a new position in FirstCash during the first quarter worth $202,000. AlphaOne Investment Services LLC bought a new position in FirstCash during the second quarter worth $207,000. Riverhead Capital Management LLC raised its stake in FirstCash by 74.4% during the second quarter. Riverhead Capital Management LLC now owns 3,663 shares of the credit services provider’s stock worth $214,000 after buying an additional 1,563 shares during the last quarter. Strs Ohio raised its stake in FirstCash by 100.0% during the second quarter. Strs Ohio now owns 3,800 shares of the credit services provider’s stock worth $221,000 after buying an additional 1,900 shares during the last quarter. Finally, Miles Capital Inc. bought a new position in FirstCash during the second quarter worth $221,000.

FirstCash Company Profile

FirstCash, Inc, formerly First Cash Financial Services, Inc, is an operator of retail-based pawn stores in the United States and Latin America. The Company’s primary business is the operation of full-service pawn stores, which make small pawn loans secured by personal property, such as consumer electronics, jewelry, power tools, household appliances, sporting goods and musical instruments.

Analyst Recommendations for FirstCash (NASDAQ:FCFS)

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