Alert: New Earnings Report (4/25/24)-FirstCash Holdings Inc (NASDAQ: FCFS).

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FirstCash Holdings Inc (NASDAQ: FCFS) has reported E.P.S. of $1.35 for its first fiscal quarter (ending March 31) versus $1.03 for the same period a year ago. E.P.S. were $5.15 for the latest four quarters through March 31 versus $5.84 for the same period a year ago.

Recent Price Action

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On 4/25/24, FirstCash Holdings Inc (NASDAQ: FCFS) stock suffered a major decline of -13.2%, closing at $114.61. Moreover, exceptionally high trading volume at 506% of normal accompanied the decline. The stock has declined -11.6% during the last week but has been exceptionally strong relative to the market over the last nine months.

Current PriceTarget Research Rating

FCFS’ future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.

FirstCash Holdings has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. FirstCash Holdings has a neutral Appreciation Score of 46 but a very high Power Rating of 86, and the Positive Value Trend Rating results.

Rating Review

In light of this new information and highly negative price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.

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