Stock of the Day

May 11, 2022

FirstCash (FCFS)

$213.61
-$2.77 (-1.3%)
Market Cap: $9.49B

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. The company also provides retail POS payment solutions, which focuses on LTO products and facilitating other retail financing payment options across the network of traditional and e-commerce merchant partners. It serves cash and credit-constrained consumers. The company was formerly known as FirstCash, Inc and changed its name to FirstCash Holdings, Inc. in December 2021. FirstCash Holdings, Inc was incorporated in 1988 and is headquartered in Fort Worth, Texas.

Today's Trend

FirstCash Holdings, Inc. (NASDAQ: FCFS) — shares are rising after a stronger-than-expected Q1 report, an upgraded outlook and follow-up analyst upgrades; the stock also resumed a new 1‑year high on the news.

  • Q1 results materially beat expectations — FirstCash reported $2.69 EPS vs. $2.30 consensus and revenue of $1.05B (up ~25.7% YoY); management raised revenue guidance for 2026, pointing to accelerating pawn receivable growth and record quarterly operating results. FirstCash Reports Record First Quarter Operating Results
  • Analysts have boosted estimates and price targets after the beat and higher guidance, which supports further upside in the stock as consensus earnings and revenue trajectories were revised up. FirstCash Analysts Boost Their Forecasts
  • Market reaction: shares reached a new 1‑year high and jumped on the earnings/outlook beat, driven by the combination of stronger results, upgraded guidance and analyst upgrades. FirstCash Sets New 1-Year High Following Better-Than-Expected Earnings
  • The board declared a quarterly cash dividend of $0.42 per share (annualized yield ~0.8%); record/ex‑dividend/pay dates set for mid/late May — a modest income signal but not a major driver for the rally.
  • Context for investors: trading volume was above average on the move, the stock sits well above its 50- and 200-day moving averages, and valuation is not cheap (P/E ~29.5), so continued upside may depend on execution against raised targets and sustained pawn receivable growth.

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