Pathward Financial (NASDAQ:CASH) Hits New 1-Year High – Here’s What Happened

Shares of Pathward Financial, Inc. (NASDAQ:CASH) reached a new 52-week high during trading on Friday . The stock traded as high as $95.49 and last traded at $95.6440, with a volume of 64544 shares changing hands. The stock had previously closed at $94.52.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the stock. Wall Street Zen downgraded shares of Pathward Financial from a “buy” rating to a “hold” rating in a research report on Saturday, January 31st. Keefe, Bruyette & Woods upgraded shares of Pathward Financial from a “market perform” rating to an “outperform” rating and set a $100.00 target price for the company in a research note on Friday, January 23rd. Finally, Weiss Ratings raised Pathward Financial from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, January 26th. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $97.00.

Pathward Financial Stock Up 1.3%

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 company has a market capitalization of $2.08 billion, a price-to-earnings ratio of 11.70 and a beta of 0.75. The firm’s 50 day simple moving average is $81.19 and its 200-day simple moving average is $76.16.

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

Institutional Investors Weigh In On Pathward Financial

A number of institutional investors have recently added to or reduced their stakes in the business. Universal Beteiligungs und Servicegesellschaft mbH boosted its stake in shares of Pathward Financial by 210.0% in the third quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 25,786 shares of the savings and loans company’s stock valued at $1,908,000 after buying an additional 17,469 shares in the last quarter. Allspring Global Investments Holdings LLC raised its position in Pathward Financial by 24.3% in the third quarter. Allspring Global Investments Holdings LLC now owns 133,227 shares of the savings and loans company’s stock worth $9,810,000 after acquiring an additional 26,011 shares in the last quarter. Mawer Investment Management Ltd. lifted its holdings in Pathward Financial by 35.7% in the third quarter. Mawer Investment Management Ltd. now owns 346,061 shares of the savings and loans company’s stock valued at $25,612,000 after acquiring an additional 91,066 shares during the period. Assenagon Asset Management S.A. purchased a new stake in shares of Pathward Financial during the 3rd quarter worth $4,763,000. Finally, Federated Hermes Inc. grew its stake in shares of Pathward Financial by 2,640.8% during the 3rd quarter. Federated Hermes Inc. now owns 25,489 shares of the savings and loans company’s stock worth $1,886,000 after purchasing an additional 24,559 shares during the period. Hedge funds and other institutional investors own 92.66% of the company’s stock.

About Pathward Financial

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.