|Bid||57.08 x 800|
|Ask||57.22 x 1100|
|Day's Range||56.87 - 59.95|
|52 Week Range||55.44 - 96.41|
|Beta (5Y Monthly)||0.50|
|PE Ratio (TTM)||16.35|
|Forward Dividend & Yield||1.08 (1.84%)|
|Ex-Dividend Date||Aug 13, 2020|
|1y Target Est||N/A|
Moody's Investors Service affirms ratings of FirstCash (FCFS). Moreover, the rating firm's outlook for the lender is unchanged as stable.
Moody's Investors Service, ("Moody's") has affirmed the Ba1 corporate family and long-term senior unsecured ratings of FirstCash Inc. (FirstCash, NASDAQ: FCFS). As part of the same rating action, Moody's has assigned a Ba1 rating to $400 million of senior unsecured notes being issued by FirstCash maturing in 2028, which rank pari-passu with the company's revolving unsecured credit facilities. The company has indicated it will use net proceeds of the offering to repay all of its $300 million of senior unsecured notes due in June 2024 and a portion of its revolving unsecured credit facility due in June 2024.
(FCFS) (ticker: FCFS), the industry’s global leader with 2,7000 pawnshops in the U.S. and Latin America, is hardly thriving. Barron’s was bullish on FirstCash in February, calling it a good hedge against a recession. “When the economy is really shut down...nobody does anything” and that’s not good pawnshops’ business, says Wedbush analyst Henry Coffey Jr.