FirstCash gains as TD Cowen moves to Buy on strong operating environment [Seeking Alpha]
FirstCash Holdings, Inc. (FCFS)
Last firstcash holdings, inc. earnings: 4/22 06:00 am
Check Earnings Report
US:NASDAQ Investor Relations:
ir.firstcash.com
Company Research
Source: Seeking Alpha
The financial services company also upped its price target on FirstCash to $145.00 from $130.00 and added that it recognized the scarcity value in FCFS, with strong counter-cyclical growth and low credit risk. The demand for U.S. pawn has been and continues to be very strong, with no letting up in 1Q so far vs the exit rate out of 4Q. The brokerage attributed this outsized growth to continued credit tightening by unsecured nonprime lenders, as well as the ongoing impact of inflation on lower-end consumers. In the long term, there are still a lot of opportunities to consolidate stores in the U.S., and FCFS is in the best position to do so, and do so profitably, said TD Cowen analysts. Other smaller tailwinds that FCFS is seeing include strong Mexican peso and higher gold prices. Higher gold prices would help retail merchandise sales margin. Since the start of the year, FirstCash shares have risen about 19%. The company is rated as a Hold by Seeking Alpha Quant Rating system.
Show less
Read more
Impact Snapshot
Event Time:
FCFS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
FCFS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
FCFS alerts
High impacting FirstCash Holdings, Inc. news events
Weekly update
A roundup of the hottest topics
FCFS
News
- FirstCash Holdings, Inc. (NASDAQ: FCFS) was upgraded by analysts at Loop Capital from a "hold" rating to a "buy" rating. They now have a $140.00 price target on the stock, up previously from $125.00.MarketBeat
- FirstCash Holdings (FCFS) Tops Q1 Earnings Estimates [Yahoo! Finance]Yahoo! Finance
- FirstCash Reports Record First Quarter Results; Earnings per Share Increase 32% in Total and 24% on an Adjusted Basis; Announces Acquisitions of 22 U.S. Pawn Stores and 19 New Store Openings in LatAm; Declares Quarterly Cash Dividend [Yahoo! Finance]Yahoo! Finance
- FirstCash Reports Record First Quarter Results; Earnings per Share Increase 32% in Total and 24% on an Adjusted Basis; Announces Acquisitions of 22 U.S. Pawn Stores and 19 New Store Openings in LatAm; Declares Quarterly Cash DividendGlobeNewswire
- FirstCash Holdings (FCFS) to Report Q1 Results: Wall Street Expects Earnings Growth [Yahoo! Finance]Yahoo! Finance
FCFS
Earnings
- 4/25/24 - Beat
FCFS
Sec Filings
- 4/29/24 - Form 10-Q
- 4/26/24 - Form ARS
- 4/26/24 - Form DEFA14A
- FCFS's page on the SEC website