FirstCash (FCFS) Scheduled to Post Quarterly Earnings on Thursday

FirstCash (NASDAQ:FCFS) is scheduled to be issuing its quarterly earnings data before the market opens on Thursday, October 24th. Analysts expect the company to announce earnings of $1.60 per share for the quarter.

FirstCash (NASDAQ:FCFS) last posted its earnings results on Thursday, July 25th. The company reported $1.37 earnings per share for the quarter, topping analysts’ consensus estimates of $1.32 by $0.05. FirstCash had a net margin of 7.17% and a return on equity of 14.90%. The firm had revenue of $831.00 million for the quarter, compared to the consensus estimate of $824.87 million. During the same period in the previous year, the firm posted $1.22 EPS. The business’s quarterly revenue was up 10.7% on a year-over-year basis. On average, analysts expect FirstCash to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

FirstCash Stock Performance

FirstCash stock opened at $111.04 on Wednesday. The company’s 50-day moving average price is $115.99 and its 200-day moving average price is $115.03. FirstCash has a twelve month low of $100.39 and a twelve month high of $133.64. The company has a quick ratio of 3.04, a current ratio of 4.03 and a debt-to-equity ratio of 0.85. The company has a market cap of $5.05 billion, a PE ratio of 21.65 and a beta of 0.62.

Insider Buying and Selling

In related news, Director Douglas Richard Rippel sold 3,374 shares of FirstCash stock in a transaction dated Monday, September 9th. The shares were sold at an average price of $119.94, for a total transaction of $404,677.56. Following the completion of the transaction, the director now directly owns 4,731,869 shares of the company’s stock, valued at approximately $567,540,367.86. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other FirstCash news, CFO R Douglas Orr sold 2,000 shares of the business’s stock in a transaction dated Monday, August 5th. The shares were sold at an average price of $107.18, for a total value of $214,360.00. Following the completion of the sale, the chief financial officer now directly owns 90,715 shares of the company’s stock, valued at $9,722,833.70. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Douglas Richard Rippel sold 3,374 shares of the business’s stock in a transaction dated Monday, September 9th. The shares were sold at an average price of $119.94, for a total transaction of $404,677.56. Following the completion of the sale, the director now directly owns 4,731,869 shares of the company’s stock, valued at approximately $567,540,367.86. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 16,154 shares of company stock valued at $1,912,562. Company insiders own 14.77% of the company’s stock.

FirstCash Company Profile

FirstCash Holdings, Inc, together with its subsidiaries, operates retail pawn stores in the United States, Mexico, and rest of Latin America. The company operates in three segments: U.S. Pawn, Latin America Pawn, and Retail POS Payment Solutions segments. Its pawn stores lend money on the collateral of pledged personal property, including jewelry, electronics, tools, appliances, sporting goods, and musical instruments; and retails merchandise acquired through collateral forfeitures on forfeited pawn loans and over-the-counter purchases of merchandise directly from customers.