Keefe, Bruyette & Woods Lowers Pathward Financial (NASDAQ:CASH) Price Target to $97.00

Pathward Financial (NASDAQ:CASH) had its price objective reduced by equities researchers at Keefe, Bruyette & Woods from $108.00 to $97.00 in a research report issued on Thursday,Benzinga reports. The brokerage currently has an “outperform” rating on the savings and loans company’s stock. Keefe, Bruyette & Woods’ price target would suggest a potential upside of 12.92% from the stock’s previous close.

Separately, Weiss Ratings reissued a “buy (b)” rating on shares of Pathward Financial in a research report on Friday, May 8th. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of $101.00.

Pathward Financial Price Performance

NASDAQ CASH opened at $85.90 on Thursday. The company has a quick ratio of 0.80, a current ratio of 0.82 and a debt-to-equity ratio of 0.04. The stock has a market capitalization of $1.81 billion, a PE ratio of 10.76 and a beta of 0.60. The company has a 50 day moving average price of $85.02 and a two-hundred day moving average price of $87.13. Pathward Financial has a 12-month low of $65.87 and a 12-month high of $101.26.

Pathward Financial (NASDAQ:CASH) last announced its quarterly earnings results on Wednesday, July 22nd. The savings and loans company reported $1.37 EPS for the quarter, missing the consensus estimate of $1.95 by ($0.58). The business had revenue of $189.64 million for the quarter, compared to analyst estimates of $191.18 million. Pathward Financial had a return on equity of 20.61% and a net margin of 21.03%.Pathward Financial has set its FY 2027 guidance at 9.500-10.000 EPS and its FY 2026 guidance at 7.800-8.200 EPS. As a group, equities analysts predict that Pathward Financial will post 8 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Pathward Financial news, Director Elizabeth G. Hoople sold 4,500 shares of Pathward Financial stock in a transaction on Friday, May 29th. The shares were sold at an average price of $82.29, for a total transaction of $370,305.00. Following the sale, the director owned 28,050 shares in the company, valued at $2,308,234.50. The trade was a 13.82% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Douglas J. Hajek sold 5,000 shares of the stock in a transaction on Wednesday, April 29th. The shares were sold at an average price of $86.37, for a total transaction of $431,850.00. Following the completion of the transaction, the director owned 12,281 shares of the company’s stock, valued at approximately $1,060,709.97. This represents a 28.93% decrease in their position. The SEC filing for this sale provides additional information. 1.43% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in CASH. Seros Financial LLC acquired a new stake in Pathward Financial during the third quarter valued at approximately $481,003,000. Revolve Wealth Partners LLC acquired a new position in shares of Pathward Financial in the 4th quarter worth approximately $267,437,000. Bank of America Corp DE lifted its position in shares of Pathward Financial by 571.3% during the 1st quarter. Bank of America Corp DE now owns 302,503 shares of the savings and loans company’s stock worth $26,992,000 after buying an additional 257,443 shares during the period. Comerica Bank lifted its position in shares of Pathward Financial by 371.2% during the 4th quarter. Comerica Bank now owns 295,999 shares of the savings and loans company’s stock worth $21,016,000 after buying an additional 233,177 shares during the period. Finally, Goldman Sachs Group Inc. boosted its stake in Pathward Financial by 30.9% in the 4th quarter. Goldman Sachs Group Inc. now owns 247,832 shares of the savings and loans company’s stock valued at $17,596,000 after buying an additional 58,510 shares in the last quarter. Institutional investors and hedge funds own 92.66% of the company’s stock.

Key Stories Impacting Pathward Financial

Here are the key news stories impacting Pathward Financial this week:

• Positive Sentiment: Pathward issued FY2027 EPS guidance of $9.50 to $10.00 and reiterated a solid longer-term outlook, which helped offset some of the disappointment from the quarter. Article Title
• Positive Sentiment: Piper Sandler reaffirmed an overweight rating and set a $105 price target, suggesting analysts still see upside from current levels. Article Title
• Positive Sentiment: Keefe, Bruyette & Woods also kept an outperform rating, with a $97 price target, indicating the selloff may have created some value. Article Title
• Neutral Sentiment: Management’s earnings call and presentation focused on quarterly results and outlook, but there was no major new strategic announcement. Article Title
• Negative Sentiment: Pathward reported EPS of $1.37, far below the $1.95 consensus estimate, and revenue also missed expectations, triggering a sharp negative reaction in the stock. Article Title
• Negative Sentiment: The company disclosed a $34 million commercial finance provision, which raised concerns about credit quality and pressured sentiment further. Article Title
• Negative Sentiment: Block & Leviton announced a securities-fraud investigation into Pathward Financial, adding an additional legal overhang for investors. Article Title
• Negative Sentiment: A Seeking Alpha piece highlighted rising credit concerns tied to Pathward’s renewable energy exposure, which may be contributing to the stock’s weakness. Article Title

Pathward Financial Company Profile

Pathward Financial (NASDAQ:CASH) is a U.S.-based financial services company that operates through its wholly owned subsidiary, Pathward Bank. The company provides a range of banking and payment solutions designed for consumers, small businesses, community banks and fintech partners. Core offerings include deposit accounts, consumer and commercial lending, debit and prepaid card programs, digital banking platforms and treasury management services.

Through its banking charter, Pathward Financial delivers customizable payment solutions, including prepaid cards, payroll cards and benefit disbursement programs.