For its third fiscal quarter (ending September 30), FirstCash Holdings Inc (NASDAQ: FCFS) has reported a 13% increase in E.P.S. from $1.27 a year ago to $1.44 in the current quarter. E.P.S. were $5.42 for the latest four quarters through September 30 versus $5.02 for the same period a year ago — an increase of 8%.
Recent Price Action
FirstCash Holdings Inc (NASDAQ: FCFS) stock suffered a large decline of -7.2% on 10/24/24. The stock closed at $102.26. Moreover, exceptionally high trading volume at 235% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has declined -10.9% 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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. FirstCash Holdings has a neutral Appreciation Score of 59 and a slightly negative Power Rating of 40, leading to the Neutral Value Trend Rating.
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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