FirstCash (NYSE:FCFS) stock price target reduced to $55.00, released a research note earlier today by Wedbush
- Updated: November 30, 2016
Wedbush lowered the target price of FirstCash (NYSE:FCFS) to $55.00 indicating a possible upside of 0.15%.
Boasting a price of $47.90, FirstCash (NYSE:FCFS) traded 1.05% higher on the day. With the last stock price close down -1.11% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the date range. FirstCash has recorded a 50-day average of $47.25 and a two hundred day average of $48.44. Volume of trade was up over the average, with 324,409 shares of FCFS changing hands over the typical 283,533
Recent Performance Chart
FirstCash has 52 week low of $29.64 and a 52 week high of $53.95 with a PE ratio of 33.33 and has a market capitalization of $0.
A total of 6 analysts have released a report on FirstCash. One analyst rating the company a strong buy, zero analysts rating the company a buy, six analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $50.83.
More About FirstCash (NYSE:FCFS)
FirstCash, Inc., formerly First Cash Financial Services, Inc., is an operator of retail-based pawn stores in the United States and Mexico. The Company's primary business is the operation of pawn stores, which make small pawn loans secured by personal property. Its pawn stores generate retail sales from the merchandise acquired through collateral forfeitures and over-the-counter purchases from customers. The Company's pawn stores are a source for small consumer loans to help customers meet their short-term cash needs. In addition, some of its pawn stores offer small consumer loans or credit services products. As of December 31, 2015, the Company had 1,075 locations, consisting of 338 stores across 14 states of the United States, 705 stores across 29 states in Mexico and 32 stores in Guatemala. It operates a number of standalone consumer finance stores in Texas and Mexico, which provide consumer financial services products, including credit services and small unsecured consumer loans.
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