In a report released today, Anthony Chukumba from Loop Capital Markets maintained a Hold rating on FirstCash (FCFS – Research Report), with a price target of $105.00. The company’s shares closed yesterday at $103.02.
Chukumba covers the Consumer Goods sector, focusing on stocks such as Dick’s Sporting Goods, National Vision Holdings, and Ulta Beauty. According to TipRanks, Chukumba has an average return of 12.6% and a 67.45% success rate on recommended stocks.
FirstCash has an analyst consensus of Moderate Buy, with a price target consensus of $111.00, which is a 7.75% upside from current levels. In a report released on May 1, Wedbush also maintained a Hold rating on the stock with a $110.00 price target.
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Based on FirstCash’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $327.92 million and a net profit of $47.39 million. In comparison, last year the company earned a revenue of $302.82 million and had a net profit of $28.01 million
Based on the recent corporate insider activity of 33 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of FCFS in relation to earlier this year.
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FirstCash, Inc. operates retail-based pawn stores. It operates through the following segments: U.S. operations and Latin America operations. The U. S. Operations segment includes all pawn and consumer loan operations in the U. S. The Latin America Operations segment consists of all pawn and consumer loan operations in Latin America, which includes operations in Mexico, Guatemala, El Salvador and Colombia. The company was founded in July 1988 and is headquartered in Fort Worth, TX.
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