Stephens Cuts First Cash Financial Services to Equal Weight (FCFS)

By admin | 6 years ago

First Cash Financial Services (NASDAQ: FCFS) was downgraded by investment analysts at Stephens from an “overweight” rating to an “equal weight” rating in a note issued to investors on Friday.

Shares of First Cash Financial Services traded up 0.14% during mid-day trading on Friday, hitting $35.03. First Cash Financial Services has a one year low of $33.27 and a one year high of $52.18. The company has a market cap of $1.002 billion and a P/E ratio of 14.95.

First Cash Financial Services last issued its quarterly earnings data on Wednesday, April 18th. The company reported $0.58 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.55 by $0.03. First Cash Financial Services’s revenue was up 11.8% compared to the same quarter last year. On average, analysts predict that First Cash Financial Services will post $0.71 earnings per share next quarter.

Separately, 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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