FirstCash (FCFS) Projected to Post Earnings on Thursday

FirstCash (NASDAQ:FCFS - Get Free Report) will likely be issuing its quarterly earnings data before the market opens on Thursday, January 30th. Analysts expect the company to announce earnings of $2.02 per share and revenue of $899,770.00 billion for the quarter.

FirstCash (NASDAQ:FCFS - Get Free Report) last posted its quarterly earnings data on Thursday, October 24th. The company reported $1.67 earnings per share for the quarter, topping the consensus estimate of $1.62 by $0.05. The company had revenue of $837.30 million during the quarter, compared to analysts' expectations of $843.94 million. FirstCash had a return on equity of 14.97% and a net margin of 7.29%. FirstCash's revenue for the quarter was up 6.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.56 earnings per share. On average, analysts expect FirstCash to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

FirstCash Stock Up 1.1 %

Shares of FCFS stock traded up $1.28 on Thursday, hitting $113.68. 158,196 shares of the stock were exchanged, compared to its average volume of 215,578. The company has a current ratio of 4.31, a quick ratio of 3.23 and a debt-to-equity ratio of 0.87. The firm has a market capitalization of $5.09 billion, a P/E ratio of 21.05 and a beta of 0.66. The business has a 50-day moving average of $106.38 and a 200 day moving average of $110.44. FirstCash has a fifty-two week low of $100.24 and a fifty-two week high of $133.64.

Wall Street Analyst Weigh In

FCFS has been the subject of several recent research reports. TD Cowen reduced their price objective on FirstCash from $134.00 to $130.00 and set a "buy" rating for the company in a research report on Monday, October 28th. Stephens started coverage on FirstCash in a report on Wednesday, November 13th. They set an "overweight" rating and a $137.00 target price on the stock.

Insider Buying and Selling

In other FirstCash news, CFO R Douglas Orr sold 2,000 shares of the company's stock in a transaction that occurred on Tuesday, November 5th. The stock was sold at an average price of $105.68, for a total value of $211,360.00. Following the sale, the chief financial officer now owns 88,715 shares in the company, valued at $9,375,401.20. This represents a 2.20 % 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. 14.77% of the stock is currently owned by corporate insiders.

FirstCash Company Profile

FirstCash Holdings, Inc, together with its subsidiaries, operates retail pawn stores in the United States, Mexico, and rest of Latin America. The company operates in three segments: U.S. Pawn, Latin America Pawn, and Retail POS Payment Solutions segments. Its pawn stores lend money on the collateral of pledged personal property, including jewelry, electronics, tools, appliances, sporting goods, and musical instruments; and retails merchandise acquired through collateral forfeitures on forfeited pawn loans and over-the-counter purchases of merchandise directly from customers.