Pathward Financial (NASDAQ:CASH) Hits New 1-Year High – Still a Buy?

Pathward Financial, Inc. (NASDAQ:CASH)’s stock price hit a new 52-week high during trading on Thursday . The stock traded as high as $88.44 and last traded at $86.5250, with a volume of 50381 shares traded. The stock had previously closed at $85.71.

Analyst Ratings Changes

CASH has been the topic of several research analyst reports. Keefe, Bruyette & Woods raised Pathward Financial from a “market perform” rating to an “outperform” rating and set a $100.00 price objective on the stock in a research note on Friday, January 23rd. Wall Street Zen upgraded shares of Pathward Financial from a “hold” rating to a “buy” rating in a report on Friday, January 23rd. Finally, Weiss Ratings upgraded shares of Pathward Financial from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $97.00.

Pathward Financial Price Performance

The company has a current ratio of 0.81, a quick ratio of 0.79 and a debt-to-equity ratio of 0.04. The stock has a market cap of $1.94 billion, a PE ratio of 10.71 and a beta of 0.74. The company’s 50 day moving average is $74.52 and its 200-day moving average is $74.63.

Pathward Financial (NASDAQ:CASH) last announced its earnings results on Thursday, January 22nd. The savings and loans company reported $1.57 earnings per share for the quarter, beating the consensus estimate of $1.38 by $0.19. Pathward Financial had a return on equity of 22.76% and a net margin of 22.95%.The company had revenue of $173.10 million during the quarter, compared to the consensus estimate of $185.80 million. During the same period last year, the firm earned $1.29 earnings per share. The company’s revenue was down .2% on a year-over-year basis. Pathward Financial has set its FY 2026 guidance at 8.550-9.050 EPS. As a group, sell-side analysts predict that Pathward Financial, Inc. will post 7.26 earnings per share for the current year.

Pathward Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 2nd. Shareholders of record on Wednesday, December 10th were issued a dividend of $0.05 per share. The ex-dividend date was Wednesday, December 10th. This represents a $0.20 annualized dividend and a yield of 0.2%. Pathward Financial’s payout ratio is currently 2.44%.

Insider Activity at Pathward Financial

In other news, Director Douglas J. Hajek sold 3,000 shares of the firm’s stock in a transaction that occurred on Friday, October 31st. The shares were sold at an average price of $68.11, for a total transaction of $204,330.00. Following the completion of the sale, the director owned 16,631 shares of the company’s stock, valued at approximately $1,132,737.41. This trade represents a 15.28% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 1.43% of the company’s stock.

Institutional Trading of Pathward Financial

Institutional investors have recently added to or reduced their stakes in the business. Allspring Global Investments Holdings LLC increased its stake in shares of Pathward Financial by 24.3% during the third quarter. Allspring Global Investments Holdings LLC now owns 133,227 shares of the savings and loans company’s stock valued at $9,810,000 after acquiring an additional 26,011 shares during the period. Assenagon Asset Management S.A. bought a new position in Pathward Financial during the 3rd quarter valued at $4,763,000. Meritage Portfolio Management boosted its stake in Pathward Financial by 6.3% during the 2nd quarter. Meritage Portfolio Management now owns 6,032 shares of the savings and loans company’s stock valued at $477,000 after purchasing an additional 355 shares in the last quarter. Revolve Wealth Partners LLC acquired a new position in shares of Pathward Financial during the 4th quarter valued at $267,437,000. Finally, Jupiter Asset Management Ltd. raised its stake in shares of Pathward Financial by 5.5% in the 2nd quarter. Jupiter Asset Management Ltd. now owns 163,769 shares of the savings and loans company’s stock worth $12,957,000 after buying an additional 8,500 shares in the last quarter. Institutional investors own 92.66% of the company’s stock.

Pathward Financial Company Profile

Pathward Financial (NASDAQ:CASH) is a U.S.-based financial services company that operates through its wholly owned subsidiary, Pathward Bank. The company provides a range of banking and payment solutions designed for consumers, small businesses, community banks and fintech partners. Core offerings include deposit accounts, consumer and commercial lending, debit and prepaid card programs, digital banking platforms and treasury management services.

Through its banking charter, Pathward Financial delivers customizable payment solutions, including prepaid cards, payroll cards and benefit disbursement programs.