Janney Montgomery Scott Initiates Coverage on First Cash Financial Services (FCFS)

By admin | 6 years ago

Research analysts at Janney Montgomery Scott began coverage on shares of First Cash Financial Services (NASDAQ: FCFS) in a report released on Wednesday. The firm set a “neutral” rating on the stock.

Shares of First Cash Financial Services traded down 0.47% during mid-day trading on Wednesday, hitting $36.28. First Cash Financial Services has a 52 week low of $33.27 and a 52 week high of $52.18. The company has a market cap of $1.038 billion and a P/E ratio of 15.58.

First Cash Financial Services last announced its earnings results on Wednesday, April 18th. The company reported $0.58 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.55 by $0.03. The company’s quarterly revenue was up 11.8% on a year-over-year basis. On average, analysts predict that First Cash Financial Services will post $0.71 earnings per share next quarter.

Several other analysts have also recently commented on the stock. Analysts at Stephens downgraded shares of First Cash Financial Services from an “overweight” rating to an “equal weight” rating in a research note to investors on Friday, June 1st. Analysts at Jefferies Group (NYSE: JEF) reiterated a “buy” rating on shares of First Cash Financial Services in a research note to investors on Monday, April 23rd.

First Cash Financial Services, Inc. is an operator of pawn and consumer finance stores in the United States and Mexico.

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