Alert: Positive Investment/Fundamental Signals (11/6/23)-FirstCash Holdings Inc (NASDAQ: FCFS)

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Recent significant positive changes in fundamentals have benefitted FirstCash Holdings Inc (NASDAQ: FCFS): the consensus estimate for December, 2024 increased significantly, the consensus estimate for December, 2023 increased significantly, and significant quarterly earnings acceleration occurred.

FirstCash Holdings Inc (NASDAQ: FCFS) has benefited from notable positive changes in investment behavior: positive upside/downside volume developed.

In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

FCFS is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

FirstCash Holdings has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. FirstCash Holdings has a neutral Appreciation Score of 41 but a very high Power Rating of 88, triggering the Positive Value Trend Rating.

Recent Price Action

FirstCash Holdings Inc (NASDAQ: FCFS) stock rose modestly by 0.7% on 11/6/23. The stock closed at $109.88. The stock has been strong relative to the market over the last nine months and has risen 2.6% during the last week.

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