Checking the True Picture for FirstCash, Inc. (FCFS)

On Tuesday, shares of FirstCash, Inc. (NASDAQ:FCFS) marked $63.95 per share versus a previous $63.30 closing price. With having a 1.03% gain, an insight into the fundamental values of FirstCash, Inc., investors would also find a great ally in the technical patterns of the stock movements showed in stock charts. FCFS showed a fall of -20.69% within its YTD performance, with highs and lows between $60.04 – $106.80 during the period of 52 weeks, compared to the simple moving average of -17.51% in the period of the last 200 days.

Janney equity researchers changed the status of FirstCash, Inc. (NASDAQ: FCFS) shares from “Neutral” to a “Buy” rating in the report published on March 25th, 2020. Other analysts, including Wedbush, also published their reports on FCFS shares. Wedbush repeated the rating from the previous report, marking FCFS under “Outperform” rating, in the report published on March 24th, 2020. Additionally, FCFS shares got another “Mkt Perform” rating from JMP Securities. On December 3rd, 2018, Wedbush Downgrade an Neutral rating and increased its price target to $90. On the other hand, Wedbush Upgrade the “Outperform” rating for FCFS shares, as published in the report on October 26th, 2018. Credit Suisse seems to be going bullish on the price of FCFS shares, based on the price prediction for FCFS. Another “Neutral” rating came from Wedbush , providing a prediction for price target according to the report published in May 7th, 2018.

FirstCash, Inc. (FCFS) Analysis

The present dividend yield for FCFS owners is set at 0.02, marking the return investors will get regardless of the company’s performance in the upcoming period. However, in order for the company to be able to pay its dividends, just like it is the case with FirstCash, Inc., the company needs to provide a healthy cash flow, currently at the value of 18.19. In addition, the growth of sales from quarter to quarter is recording -0.20%, hinting the company’s progress in the upcoming progress.

In order to gain a clear insight on the performance of FirstCash, Inc. (FCFS) as it may occur in the future, there are more than several well-rounded types of analysis and research techniques, while equity is most certainly one of the more important indicators into the company’s growth and performance. In this case, you want to make sure that the return on the present equity of 11.90% is enough for you to make a profit out of your investment. You may also count in the quick ratio of the company, currently set at 2.20 so you would make sure that the company is able to cover the debts it may have, which can be easily seen in annual reports of the company.

Set to affect the volatility of a given stock, the average volume can also be a valuable indicator, while FCFS is currently recording an average of 295.61K in volumes. The volatility of the stock on monthly basis is set at 3.33%, while the weekly volatility levels are marked at 2.45%with -2.23% of loss in the last seven days. Additionally, long-term investors are predicting the target price of $79.00, indicating growth from the present price of $63.95, which can represent yet another valuable research and analysis points that can help you decide whether to invest in FCFS or pass.

What to Look for When Analyzing FirstCash, Inc. Shares?

FirstCash, Inc. (FCFS) is based in the USA and it represents one of the well-known company operating with Financial sector. If you wish to compare FCFS shares with other companies under Electronic Equipment and Consumer Goods, a factor to note is the P/E value of 17.65 for FirstCash, Inc., while the value 16.10 can represent an indicator in the future growth of the company in terms of investor’s expectations. The later value should have a steady growth rate, increasing and growing gradually, which serves the purpose of reliably showcasing the progress of the company. The value 3.62 is supported by the yearly EPS growth of 12.70%.

Besides from looking into the fundamentals, you should also note the number of people inside the company owning the shares, as the values should be in line with the expectations of investors. In that spirit, the present ownership of stocks inside the company is set at 2.50%, which can provide you with an insight of how involved executives are in owning shares of the company. In oppose to the executives’ share, the institutional ownership counts 98.70% of shares, carrying an equal significance as an indicator of value, as the presence of large investors may signal a strong company.

Are Institutional Investors Increasing Stakes in FCFS Shares?

It appears that more than several institutional investors and hedge funds decided to increase stakes in FCFS in the recent period. That is how The Vanguard Group, Inc. now has an increase position in FCFS by 0.81% in the first quarter, owning 3.81 million shares of FCFS stocks, with the value of $257.32 million after the purchase of an additional 30,727 shares during the last quarter. In the meanwhile, William Blair Investment Manageme also increased their stake in FCFS shares changed 3.66% in the first quarter, which means that the company now owns 2.12 million shares of company, all valued at $143.13 million after the acquisition of additional 74,888 shares during the last quarter.

EARNEST Partners LLC acquired a new position in FirstCash, Inc. during the first quarter, with the value of $142 million, and SSgA Funds Management, Inc. increased their stake in the company’s shares by 0.89% in the first quarter, now owning 11,769 shares valued at $90.27 million after the acquisition of the additional 1.34 million shares during the last quarter. At the present, 98.70% of FCFS shares are in the ownership of institutional investors.