FirstCash (NASDAQ:FCFS) Releases Quarterly Earnings Results

FirstCash (NASDAQ:FCFS) released its quarterly earnings data on Thursday. The company reported $1.67 earnings per share for the quarter, topping the consensus estimate of $1.62 by $0.05, Briefing.com reports. The business had revenue of $837.30 million during the quarter, compared to analyst estimates of $843.94 million. FirstCash had a return on equity of 14.90% and a net margin of 7.17%. The company’s revenue was up 6.5% compared to the same quarter last year. During the same period last year, the company posted $1.56 EPS.

FirstCash Stock Down 1.1 %

Shares of FCFS traded down $1.18 during mid-day trading on Thursday, reaching $108.96. The company’s stock had a trading volume of 4,623 shares, compared to its average volume of 240,340. FirstCash has a 1 year low of $100.39 and a 1 year 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 $4.95 billion, a price-to-earnings ratio of 21.47 and a beta of 0.62. The business has a fifty day moving average of $115.99 and a 200 day moving average of $115.03.

Insider Activity at FirstCash

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