FirstCashFCFS
FCFS
About: FirstCash Holdings Inc operates pawn stores in the United States and Latin America. Its primary business involves making small loans secured by personal property. The the company has three reportable segments: U.S. pawn; Latin America pawn; and Retail POS payment solutions (AFF). It derives majority revenue from U.S. Pawn segment. These pawn loans give the borrower the option of either repaying the loans with interest or forfeiting the property without further penalty. Close to 30% of total company revenue comes from interest earned on the loans. Close to 70% of total revenue comes from reselling forfeited property in the company's retail stores.
Employees: 19,000
0
Funds holding %
of 6,815 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
865% more call options, than puts
Call options by funds: $18.5M | Put options by funds: $1.92M
12% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 41
10% more capital invested
Capital invested by funds: $3.95B [Q2] → $4.36B (+$406M) [Q3]
2.0% more ownership
Funds ownership: 82.83% [Q2] → 84.83% (+2.0%) [Q3]
0% more funds holding
Funds holding: 321 [Q2] → 321 (+0) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 5 [Q2] → 5 (+0) [Q3]
3% less repeat investments, than reductions
Existing positions increased: 112 | Existing positions reduced: 115
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$130
18%
upside
Avg. target
$134
21%
upside
High target
$137
24%
upside
2 analyst ratings
2 positive
100%
0 neutral
0%
0 negative
0%
Stephens & Co. Kyle Joseph 14% 1-year accuracy 1 / 7 met price target | 24%upside $137 | Overweight Initiated | 13 Nov 2024 |
TD Cowen Moshe Orenbuch 77% 1-year accuracy 10 / 13 met price target | 18%upside $130 | Buy Maintained | 28 Oct 2024 |
Financial journalist opinion
Negative
Seeking Alpha
1 week ago
FirstCash: Strong Core Pawn In The U.S., But Challenges Elsewhere
FirstCash's U.S. pawn operations are performing well, but challenges persist in Latin American pawn and U.S. POS financing operations. The U.S. pawn business has benefitted from more limited consumer financing options and higher funding costs, but loan growth in the LatAm operations has been more lackluster of late. The POS financing business remains a concern, as the business generates weaker near-term margins and same-store volumes, but credit quality performance has been pretty steady.
Positive
Zacks Investment Research
2 months ago
FirstCash (FCFS) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for FirstCash (FCFS) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Positive
Zacks Investment Research
2 months ago
FirstCash Holdings (FCFS) Q3 Earnings Beat Estimates
FirstCash Holdings (FCFS) came out with quarterly earnings of $1.67 per share, beating the Zacks Consensus Estimate of $1.58 per share. This compares to earnings of $1.56 per share a year ago.
Neutral
GlobeNewsWire
2 months ago
FirstCash Reports Record Third Quarter Operating Results; Strength in U.S. Pawn Segment Drives Record Revenue and Earnings; Declares Quarterly Cash Dividend
FORT WORTH, Texas, Oct. 24, 2024 (GLOBE NEWSWIRE) -- FirstCash Holdings, Inc. (“FirstCash” or the “Company”) (Nasdaq: FCFS), the leading international operator of more than 3,000 retail pawn stores and a leading provider of retail point-of-sale (“POS”) payment solutions through American First Finance (“AFF”), today announced operating results for the three and nine month periods ended September 30, 2024. The Company also announced that the Board of Directors declared a quarterly cash dividend of $0.38 per share, which will be paid in November 2024.
Positive
Zacks Investment Research
2 months ago
What Analyst Projections for Key Metrics Reveal About FirstCash (FCFS) Q3 Earnings
Beyond analysts' top -and-bottom-line estimates for FirstCash (FCFS), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2024.
Positive
Zacks Investment Research
2 months ago
FirstCash Holdings (FCFS) Reports Next Week: Wall Street Expects Earnings Growth
FirstCash (FCFS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Neutral
GlobeNewsWire
5 months ago
FirstCash Increases Capacity of Unsecured Bank Credit Facility; Maturity Date Extended to August 2029
FORT WORTH, Texas, Aug. 08, 2024 (GLOBE NEWSWIRE) -- FirstCash Holdings, Inc. (“FirstCash” or the “Company”) (Nasdaq: FCFS), the leading international operator of more than 3,000 retail pawn stores and a leading provider of retail point-of-sale (“POS”) payment solutions, today announced that it has amended the terms of its long-term, unsecured bank credit facility to increase the size of the commitment to $700 million and extend the maturity date to August 2029.
Positive
Seeking Alpha
5 months ago
FirstCash: Strong Core Pawn Results, But Some Yellow Flags Elsewhere
FirstCash reported better than expected Q2 results, with revenue up 11% on strong U.S. pawn lending and better than expected margins. A tighter consumer credit environment is benefiting the core pawn business, and demand should remain strong in 2024 even though comps get tougher in the U.S. business in 2H'24. The American First Finance POS business isn't performing as well; credit quality remains solid, but I'm concerned about the very weak same-door volume trends.
Positive
Zacks Investment Research
5 months ago
FirstCash (FCFS) Reports Q2 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for FirstCash (FCFS) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Positive
Zacks Investment Research
5 months ago
FirstCash Holdings (FCFS) Beats Q2 Earnings and Revenue Estimates
FirstCash Holdings (FCFS) came out with quarterly earnings of $1.37 per share, beating the Zacks Consensus Estimate of $1.36 per share. This compares to earnings of $1.22 per share a year ago.
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