
FirstCash Holdings (FCFS) Stock Forecast & Price Target
FirstCash Holdings (FCFS) Analyst Ratings
Bulls say
FirstCash Holdings Inc. experienced a notable growth in Q2, with originations increasing approximately 34% driven by the expansion of both new stores and non-furniture merchant relationships. Additionally, pawn receivables in legacy First Cash stores in Latin America rose by 31%, accompanied by a significant 59% increase in gross profit, indicating strong operational performance in that region. Furthermore, the continuing prevalence of unbanked or underbanked households suggests a favorable environment for the pawn industry, particularly as economic conditions may shift towards recession.
Bears say
FirstCash Holdings Inc. is expected to face challenges in maintaining revenue growth, as net revenue projections have been adjusted to flat for the year, compared to previous estimates of a decline between 6% to 8%. Additionally, the company anticipates a significant drop in revenues of approximately 15% to 20% year-over-year in Q4, largely due to reduced run-off revenues from prior loan originations and a decline in transaction volume in its Retail POS payment solutions segment. Increasing competition in both the pawn and payments sectors poses a further risk to revenue and earnings, potentially leading to a decrease in overall transaction volumes.
This aggregate rating is based on analysts' research of FirstCash Holdings and is not a guaranteed prediction by Public.com or investment advice.
FirstCash Holdings (FCFS) Analyst Forecast & Price Prediction
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