First Cash Financial Services Inc. (NASDAQ:FCFS) – Equities research analysts at Wedbush issued their Q3 2016 earnings estimates for shares of First Cash Financial Services in a note issued to investors on Monday. Wedbush analyst H. Coffey expects that the brokerage will earn $0.53 per share for the quarter. Wedbush currently has a “Outperform” rating and a $58.00 target price on the stock. Wedbush also issued estimates for First Cash Financial Services’ Q4 2016 earnings at $0.72 EPS, FY2016 earnings at $2.25 EPS, Q1 2017 earnings at $0.71 EPS, Q2 2017 earnings at $0.55 EPS, Q3 2017 earnings at $0.66 EPS, Q4 2017 earnings at $0.98 EPS, FY2017 earnings at $2.90 EPS and FY2018 earnings at $3.65 EPS.

Several other research analysts also recently issued reports on the stock. JMP Securities upgraded shares of First Cash Financial Services from a “market perform” rating to an “outperform” rating and set a $57.00 price objective on the stock in a report on Thursday. Janney Montgomery Scott upgraded shares of First Cash Financial Services from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $52.00 to $59.00 in a report on Monday, October 3rd. Jefferies Group reissued a “buy” rating and issued a $60.00 target price on shares of First Cash Financial Services in a research note on Thursday, September 22nd. JPMorgan Chase & Co. lowered their target price on shares of First Cash Financial Services from $50.00 to $48.00 and set a “neutral” rating on the stock in a research note on Thursday, September 8th. Finally, TheStreet raised shares of First Cash Financial Services from a “hold” rating to a “buy” rating in a research note on Thursday, July 28th. Three research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. First Cash Financial Services currently has a consensus rating of “Buy” and a consensus price target of $51.90.

Earnings History and Estimates for First Cash Financial Services (NASDAQ:FCFS)

Shares of First Cash Financial Services (NASDAQ:FCFS) traded up 0.70% during midday trading on Thursday, reaching $47.71. The company had a trading volume of 160,723 shares. First Cash Financial Services has a 12 month low of $29.64 and a 12 month high of $53.95. The company has a market capitalization of $1.35 billion, a P/E ratio of 24.34 and a beta of 0.90. The firm’s 50 day moving average price is $48.50 and its 200-day moving average price is $48.24.

First Cash Financial Services (NASDAQ:FCFS) last announced its earnings results on Thursday, July 28th. The company reported $0.51 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.47 by $0.04. The firm had revenue of $181.98 million for the quarter, compared to the consensus estimate of $178.75 million. During the same period in the previous year, the firm earned $0.51 EPS. First Cash Financial Services’s revenue for the quarter was up 8.6% on a year-over-year basis.

Several institutional investors have recently made changes to their positions in the company. Rockefeller Financial Services Inc. raised its position in shares of First Cash Financial Services by 3.3% in the second quarter. Rockefeller Financial Services Inc. now owns 294,990 shares of the company’s stock worth $15,142,000 after buying an additional 9,479 shares during the last quarter. Capstone Asset Management Co. raised its position in shares of First Cash Financial Services by 3.8% in the second quarter. Capstone Asset Management Co. now owns 8,776 shares of the company’s stock worth $450,000 after buying an additional 320 shares during the last quarter. BNP Paribas Arbitrage SA raised its position in shares of First Cash Financial Services by 104.4% in the second quarter. BNP Paribas Arbitrage SA now owns 9,522 shares of the company’s stock worth $489,000 after buying an additional 4,863 shares during the last quarter. Avalon Advisors LLC bought a new position in shares of First Cash Financial Services during the first quarter worth about $1,411,000. Finally, Lazard Asset Management LLC raised its position in shares of First Cash Financial Services by 17.9% in the first quarter. Lazard Asset Management LLC now owns 162,243 shares of the company’s stock worth $7,472,000 after buying an additional 24,600 shares during the last quarter.

First Cash Financial Services Company Profile

First Cash Financial Services, Inc is an operator of retail-based pawn stores in the United States and Latin America. The Company’s primary business is the operation of full-service pawn stores, which make small pawn loans secured by personal property, such as consumer electronics, jewelry, power tools, household appliances, sporting goods and musical instruments.

5 Day Chart for NASDAQ:FCFS

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