FirstCash (FCFS) Earns Daily Media Sentiment Score of 0.10
News articles about FirstCash (NYSE:FCFS) have trended somewhat positive this week, Accern reports. The research group identifies positive and negative news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. FirstCash earned a daily sentiment score of 0.10 on Accern’s scale. Accern also gave press coverage about the credit services provider an impact score of 46.8517285561326 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the news stories that may have effected Accern Sentiment’s scoring:
- $446.13 Million in Sales Expected for FirstCash Inc (FCFS) This Quarter (americanbankingnews.com)
- Insider Buying: FirstCash Inc (FCFS) Insider Purchases 1,080 Shares of Stock (americanbankingnews.com)
- FirstCash Inc (FCFS) CFO R Douglas Orr Sells 5,000 Shares (americanbankingnews.com)
- Brokers Set Expectations for FirstCash Inc’s Q1 2018 Earnings (FCFS) (americanbankingnews.com)
FCFS has been the subject of a number of recent analyst reports. BidaskClub upgraded shares of FirstCash from a “sell” rating to a “hold” rating in a report on Friday, October 27th. Zacks Investment Research upgraded shares of FirstCash from a “sell” rating to a “buy” rating and set a $72.00 price target for the company in a report on Monday, October 30th. ValuEngine downgraded shares of FirstCash from a “buy” rating to a “hold” rating in a report on Friday, December 1st. Finally, Wedbush set a $75.00 price target on shares of FirstCash and gave the stock a “buy” rating in a report on Monday, January 8th. They noted that the move was a valuation call. Four analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $71.83.
FirstCash (NYSE:FCFS) last announced its quarterly earnings results on Thursday, February 1st. The credit services provider reported $0.94 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.84 by $0.10. The business had revenue of $480.21 million during the quarter, compared to the consensus estimate of $467.32 million. FirstCash had a net margin of 8.08% and a return on equity of 8.86%. The business’s revenue was up 3.9% compared to the same quarter last year. During the same quarter last year, the firm earned $0.77 EPS. research analysts forecast that FirstCash will post 3.31 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Wednesday, February 28th. Investors of record on Wednesday, February 14th will be issued a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 1.22%. The ex-dividend date is Tuesday, February 13th. This is an increase from FirstCash’s previous quarterly dividend of $0.20. FirstCash’s dividend payout ratio (DPR) is 26.49%.
In related news, CFO R Douglas Orr sold 5,000 shares of FirstCash stock in a transaction that occurred on Monday, February 5th. The shares were sold at an average price of $73.43, for a total value of $367,150.00. Following the completion of the sale, the chief financial officer now owns 172,000 shares in the company, valued at approximately $12,629,960. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Thomas Brent Stuart bought 1,080 shares of the company’s stock in a transaction that occurred on Monday, February 5th. The stock was bought at an average price of $73.64 per share, with a total value of $79,531.20. Following the acquisition, the insider now directly owns 8,283 shares in the company, valued at approximately $609,960.12. The disclosure for this purchase can be found here. 2.75% of the stock is currently owned by company insiders.
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FirstCash, Inc, formerly First Cash Financial Services, Inc, is an operator of retail-based pawn stores in the United States and Latin America. The Company’s primary business is the operation of full-service pawn stores, which make small pawn loans secured by personal property, such as consumer electronics, jewelry, power tools, household appliances, sporting goods and musical instruments.
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