MBM Wealth Consultants LLC Has $581,000 Stock Position in FirstCash Holdings, Inc. (NASDAQ:FCFS)

MBM Wealth Consultants LLC boosted its stake in shares of FirstCash Holdings, Inc. (NASDAQ:FCFS) by 4.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 5,667 shares of the company’s stock after acquiring an additional 226 shares during the quarter. MBM Wealth Consultants LLC’s holdings in FirstCash were worth $581,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. FMR LLC raised its holdings in FirstCash by 18.3% during the 3rd quarter. FMR LLC now owns 6,712,779 shares of the company’s stock worth $770,627,000 after purchasing an additional 1,037,601 shares during the last quarter. Earnest Partners LLC grew its position in shares of FirstCash by 2.4% during the 2nd quarter. Earnest Partners LLC now owns 2,344,383 shares of the company’s stock worth $245,879,000 after buying an additional 55,919 shares during the period. State Street Corp raised its stake in shares of FirstCash by 2.1% during the third quarter. State Street Corp now owns 1,386,726 shares of the company’s stock worth $159,196,000 after buying an additional 28,415 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in FirstCash by 1.5% in the second quarter. Dimensional Fund Advisors LP now owns 1,057,049 shares of the company’s stock valued at $110,867,000 after buying an additional 15,780 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its stake in FirstCash by 8.2% in the third quarter. Charles Schwab Investment Management Inc. now owns 498,260 shares of the company’s stock valued at $57,200,000 after acquiring an additional 37,810 shares during the last quarter. Institutional investors and hedge funds own 80.30% of the company’s stock.

FirstCash Stock Performance

FCFS opened at $113.00 on Wednesday. The company has a market capitalization of $5.06 billion, a price-to-earnings ratio of 20.93 and a beta of 0.66. The business’s 50-day moving average price is $106.33 and its two-hundred day moving average price is $110.42. FirstCash Holdings, Inc. has a 1 year low of $100.24 and a 1 year high of $133.64. The company has a debt-to-equity ratio of 0.87, a current ratio of 4.31 and a quick ratio of 3.23.

FirstCash (NASDAQ:FCFS) last announced its earnings results on Thursday, October 24th. The company reported $1.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.62 by $0.05. FirstCash had a return on equity of 14.97% and a net margin of 7.29%. The business had revenue of $837.30 million for the quarter, compared to analyst estimates of $843.94 million. During the same quarter last year, the firm earned $1.56 EPS. FirstCash’s revenue for the quarter was up 6.5% compared to the same quarter last year. Equities analysts expect that FirstCash Holdings, Inc. will post 6.61 EPS for the current fiscal year.

Insider Activity at FirstCash

In other FirstCash news, CFO R Douglas Orr sold 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 5th. The stock was sold at an average price of $105.68, for a total transaction of $211,360.00. Following the transaction, the chief financial officer now owns 88,715 shares of the company’s stock, valued at $9,375,401.20. The trade was a 2.20 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 14.77% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several analysts have commented on FCFS shares. TD Cowen dropped their target price on shares of FirstCash from $134.00 to $130.00 and set a “buy” rating for the company in a research report on Monday, October 28th. Stephens initiated coverage on FirstCash in a report on Wednesday, November 13th. They issued an “overweight” rating and a $137.00 price objective for the company.

About FirstCash

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.