For its second fiscal quarter (ending June 30), FirstCash Holdings Inc (NASDAQ: FCFS) has reported a 9% increase in E.P.S. from $0.99 a year ago to $1.08 in the current quarter. However, this result fell short of the consensus estimate of $1.33 by $-0.25. For the latest four quarters through June 30, E.P.S. were $5.25 versus $5.01 for the same period a year ago — an increase of 5%.
Recent Price Action
FirstCash Holdings Inc (NASDAQ: FCFS) stock increased 2.0% on 7/25/24. The shares closed at $112.26. Moreover, exceptionally high trading volume at 203% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has risen 2.5% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, FCFS is expected to continue to be an important Value Builder.
FirstCash Holdings has a current Value Trend Rating of C (Neutral). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. FirstCash Holdings has a neutral Appreciation Score of 58 and a neutral Power Rating of 47, with the Neutral Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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