FirstCash Inc. (NASDAQ:FCFS) has a beta of 0.54, a 12-month trailing P/E ratio of 18.00, and a growth ratio of 2.10. The stock’s Relative Strength Index (RSI) is 37.50, with weekly volatility at 4.22% and ATR at 2.90. The FCFS stock’s 52-week price range has touched low of $60.04 and a $106.80 high. Its shares traded lower over the last trading session, losing -5.38% on 06/26/20. The shares fell to a low of $65.11 before closing at $65.21. Intraday shares traded counted 0.47 million, which was -61.99% lower than its 30-day average trading volume of 291.64K. FCFS’s previous close was $68.92 while the outstanding shares total 41.91M.
Investors have identified the Credit Services company FirstCash Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $2.86 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
FirstCash Inc. (FCFS) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 672772000 million total, with 206720000 million as their total liabilities.
FCFS were able to record 57.19 million as free cash flow during the third quarter of the year, this saw their quarterly net cash flow reduce by 28.94 million. In cash movements, the company had a total of 77.39 million as operating cash flow.
Potential earnings growth for FirstCash Inc. (FCFS)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the third quarter of the year, FirstCash Inc. recorded a total of 466.49 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with -0.24% coming in sequential stages and their sales for the third quarter reducing by -6.83%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 207.18 million trying to sell their products during the last quarter, with the result yielding a gross income of 259.31 million. This allows shareholders to hold on to 41.91M with the revenue now reading 0.79 cents per share. This is a figure that is close to analyst’s prediction for their fourth quarter (0.88 cents a share).
Having a look at the company’s valuation, the company is expected to record 3.89 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on FCFS sounds very interesting.
Is the stock of FCFS attractive?
In related news, Director, GRAVES JAMES H sold 3,597 shares of the company’s stock in a transaction that recorded on Aug 30. The sale was performed at an average price of 99.33, for a total value of 357,290. As the sale deal closes, the EVP & Chief Financial Officer, ORR R DOUGLAS now sold 2,500 shares of the company’s stock, valued at 254,575. In the last 6 months, insiders have changed their ownership in shares of company stock by 2.50%.
3 out of 7 analysts covering the stock have rated it a Buy, while 4 have maintained a Hold recommendation on FirstCash Inc.. 0 analysts has assigned a Sell rating on the FCFS stock. The 12-month mean consensus price target for the company’s shares has been set at $81.50.