Piper Sandler Reaffirms “Overweight” Rating for Pathward Financial (NASDAQ:CASH)

Pathward Financial (NASDAQ:CASH)‘s stock had its “overweight” rating reaffirmed by stock analysts at Piper Sandler in a research report issued on Thursday, Marketbeat Ratings reports. They presently have a $105.00 price objective on the savings and loans company’s stock, down from their prior price objective of $107.00. Piper Sandler’s price target would indicate a potential upside of 22.24% from the stock’s previous close.

A number of other equities research analysts have also commented on the stock. Keefe, Bruyette & Woods dropped their price objective on shares of Pathward Financial from $108.00 to $97.00 and set an “outperform” rating on the stock in a report on Thursday. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Pathward Financial in a research note on Friday, May 8th. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Pathward Financial currently has a consensus rating of “Buy” and a consensus target price of $101.00.

Pathward Financial Price Performance

Shares of CASH opened at $85.90 on Thursday. The stock has a 50 day simple moving average of $85.02 and a 200 day simple moving average of $87.13. Pathward Financial has a 52-week low of $65.87 and a 52-week high of $101.26. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.80 and a current ratio of 0.82. The firm has a market capitalization of $1.81 billion, a PE ratio of 10.76 and a beta of 0.60.

Pathward Financial (NASDAQ:CASH) last announced its 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). Pathward Financial had a return on equity of 20.61% and a net margin of 21.03%.The company had revenue of $189.64 million for the quarter, compared to analyst estimates of $191.18 million. 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. Sell-side analysts predict that Pathward Financial will post 8 EPS for the current fiscal year.

Insider Activity at Pathward Financial

In other news, Director Douglas J. Hajek sold 5,000 shares of the firm’s stock in a transaction that occurred 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 directly owned 12,281 shares of the company’s stock, valued at $1,060,709.97. This trade represents a 28.93% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Elizabeth G. Hoople sold 4,500 shares of Pathward Financial stock in a transaction that occurred 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 completion of the sale, the director owned 28,050 shares in the company, valued at $2,308,234.50. This trade represents a 13.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.43% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in CASH. Cetera Investment Advisers increased its stake in Pathward Financial by 2.4% in the 4th quarter. Cetera Investment Advisers now owns 4,816 shares of the savings and loans company’s stock valued at $342,000 after buying an additional 113 shares during the last quarter. Smartleaf Asset Management LLC boosted its stake in shares of Pathward Financial by 23.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 630 shares of the savings and loans company’s stock worth $45,000 after buying an additional 118 shares during the last quarter. Osaic Holdings Inc. boosted its stake in shares of Pathward Financial by 2.3% during the 2nd quarter. Osaic Holdings Inc. now owns 5,826 shares of the savings and loans company’s stock worth $461,000 after buying an additional 133 shares during the last quarter. Pictet Asset Management Holding SA grew its holdings in shares of Pathward Financial by 3.9% in the 1st quarter. Pictet Asset Management Holding SA now owns 3,528 shares of the savings and loans company’s stock valued at $315,000 after acquiring an additional 134 shares in the last quarter. Finally, Koshinski Asset Management Inc. grew its holdings in shares of Pathward Financial by 5.6% in the 1st quarter. Koshinski Asset Management Inc. now owns 3,019 shares of the savings and loans company’s stock valued at $269,000 after acquiring an additional 160 shares in the last quarter. Institutional investors own 92.66% of the company’s stock.

More Pathward Financial News

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

About Pathward Financial

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.