FirstCash (NYSE:FCFS) target price raised to $58.00, issued a report today by Wedbush
- Updated: October 10, 2016
Yesterday FirstCash (NYSE:FCFS) traded 0.00% even at $48.30. The company’s 50-day moving average is $48.85 and its 200-day moving average is $48.25. The last stock close price is up 0.11% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 0 shares of FirstCash traded, down from an avg. volume of 228,678
FirstCash (NYSE:FCFS) had its target price raised to $58.00 by Wedbush in a report released 10/11/2016. The new target price indicates a possible upside of 0.20% based on the company's last stock close price.
With a total market value of $0, FirstCash has price-earnings ratio of 24.64 with a one year low of $29.64 and a one year high of $53.95 .
A total of 6 brokerages have issued a ratings update on FirstCash. 1 broker rating the stock a strong buy, 0 firms rating the stock a buy, 6 analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero brokerages rating the stock a sell with a consensus target price of $50.83.
General Information 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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