FirstCash, Inc. (FCFS) Just Reaches 52-Week High?

April 14, 2018 - By Linda Rogers

FirstCash, Inc. (NYSE:FCFS) Logo

Investors sentiment is 0 in 2017 Q4. Its the same as in 2017Q3. It has no change, as 1 investors sold FirstCash, Inc. shares while 1 reduced holdings. only 0 funds opened positions while 0 raised stakes. 1.78 million shares or 5.52% less from 1.88 million shares in 2017Q3 were reported.
Gemmer Asset Management Lc reported 0.01% stake. Genesis Asset Managers Ltd Liability Partnership owns 1.77 million shares for 4.35% of their portfolio. The Colorado-based Employees Retirement Association Of Colorado has invested 0% in FirstCash, Inc. (NYSE:FCFS).

Since February 5, 2018, it had 1 buying transaction, and 3 sales for $2.45 million activity. Another trade for 17,505 shares valued at $1.41 million was made by FEEHAN DANIEL R on Tuesday, March 13. $79,531 worth of FirstCash, Inc. (NYSE:FCFS) shares were bought by Stuart Thomas Brent.

The stock of FirstCash, Inc. (NYSE:FCFS) hit a new 52-week high and has $90.56 target or 8.00 % above today’s $83.85 share price. The 5 months bullish chart indicates low risk for the $3.90B company. The 1-year high was reported on Apr, 14 by Barchart.com. If the $90.56 price target is reached, the company will be worth $312.32M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock decreased 0.83% or $0.7 during the last trading session, reaching $83.85. About 167,127 shares traded. FirstCash, Inc. (NYSE:FCFS) has risen 75.74% since April 14, 2017 and is uptrending. It has outperformed by 64.19% the S&P500.

Analysts await FirstCash, Inc. (NYSE:FCFS) to report earnings on April, 26. They expect $0.75 earnings per share, up 10.29 % or $0.07 from last year’s $0.68 per share. FCFS’s profit will be $34.92M for 27.95 P/E if the $0.75 EPS becomes a reality. After $0.94 actual earnings per share reported by FirstCash, Inc. for the previous quarter, Wall Street now forecasts -20.21 % negative EPS growth.

FirstCash, Inc. operates retail-based pawn and consumer finance stores in the United States and Mexico. The company has market cap of $3.90 billion. The Company’s pawn stores lend money on the collateral of pledged personal property, including consumer electronics, jewelry, power tools, household appliances, sporting goods, and musical instruments; and retails previously owned merchandise acquired through pawn forfeitures, as well as through purchases from the general public. It has a 27.95 P/E ratio. The firm also engages in melting scrap jewelry, as well as sells the gold, silver, and diamonds in commodity markets.

FirstCash, Inc. (NYSE:FCFS) Ratings Chart

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