FirstCash (FCFS) AI Stock Analysis

• Market Cap: $5.58B
• Dividend Yield: 1.21%
• Average Volume (3M): 294.44K
• Price to Earnings (P/E): 20.1
• Beta (1Y): -0.03
• Revenue Growth: 5.06%
• EPS Growth: 21.62%
• Country: US
• Employees: 20,000
• Sector: Financial
• Sector Strength: 79
• Industry: Financial - Credit Services
• EPS (TTM): 2.07
• Shares Outstanding: 44,364,567
• 10 Day Avg. Volume: 201,032
• 30 Day Avg. Volume: 294,435
• PEG Ratio: 1.76
• Price to Book (P/B): 2.57
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 18.52
• Enterprise Value/Market Cap: 1.17
• Enterprise Value/Revenue: 0.49
• Enterprise Value/Gross Profit: 4.00
• Enterprise Value/Ebitda: 2.06
• 1Y Price Target: $148.33
• Price Target Upside: 12.42% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 4

• Rating: 78 Outperform
• Price Target: $142.00 ▲(7.62%Upside)

FirstCash's strong financial performance and strategic acquisition drive the stock's attractiveness. Despite moderate technical and valuation metrics, the company's robust growth strategy and financial health position it well for future success. The acquisition adds a significant positive outlook for earnings accretion and market expansion.

Positive Factors

Earnings

The purchase of H&T is estimated to increase FirstCash's earnings per share by 12-13% annually.

Financial Performance

FCFS reported higher earnings per share than analysts and consensus estimates, indicating strong financial performance.

Growth Potential

Management expressed confidence in opportunities to acquire additional stores, highlighting future growth potential.

Negative Factors

Debt

The leverage ratio is at 2.9x net debt to TTM adjusted EBITDA, reflecting increased debt from the all-cash transaction.

Guidance

The AFF guidance is weak, mostly driven by the bankruptcy of some furniture merchant partners.

Revenue

Revenue came in below expectation in U.S. pawn due to lower retail merchandise sales and scrap revenue.

FirstCash Business Overview & Revenue Model

Company Description

FirstCash Holdings, Inc, together with its subsidiaries, operates retail pawn stores in the United States, Mexico, and rest of Latin America. 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 is also involved in melting scrap jewelry, as well as sells gold, silver, and diamonds in commodity markets. As of December 31, 2021, it operated 1,081 stores in the United States and the District of Columbia; 1,656 stores in Mexico; 60 stores in Guatemala; 13 stores in El Salvador; and 15 stores in Colombia. The company was incorporated in 1988 and is headquartered in Fort Worth, Texas.

How the Company Makes Money

FirstCash generates revenue primarily through two key streams: pawn loan fees and retail sales. Pawn loan fees are earned by charging interest and fees on short-term loans secured by personal items. These loans are typically small and are extended to customers who may not have access to traditional credit. The interest and fees from these transactions constitute a significant portion of the company's income. The second revenue stream comes from retail sales of items forfeited by borrowers and directly purchased from customers. These pre-owned goods are sold at the company's retail locations, providing a substantial source of revenue. FirstCash's operations are supported by its extensive network of stores, allowing it to maintain a strong presence in diverse markets and capitalize on the demand for alternative financial services.

FirstCash Financial Statement Overview

Summary

FirstCash exhibits strong financial health with impressive revenue growth, solid profitability, and efficient cash flow management. While leverage remains within manageable limits, operational cost increases and cash flow fluctuations require attention to sustain long-term growth.

Income Statement

FirstCash has demonstrated strong revenue growth with a Revenue Growth Rate of 24.5% from 2022 to 2023 and a steady Gross Profit Margin around 48%. The Net Profit Margin improved to 8.3% TTM, showcasing enhanced profitability. However, a decrease in EBIT and EBITDA margins suggests rising operational costs, which could impact future profitability.

Balance Sheet

The company's financial stability is reflected in a solid Debt-to-Equity Ratio of approximately 0.86, indicating a balanced approach to leverage. Return on Equity stands strong at 13.7% TTM, showing efficient use of equity capital. The Equity Ratio of 46.5% TTM suggests a well-capitalized balance sheet, though the high debt levels warrant cautious monitoring.

Cash Flow

Cash flow performance is robust with a significant Free Cash Flow Growth Rate of 38.3% from 2022 to 2023. The Operating Cash Flow to Net Income Ratio is 1.94 TTM, indicating efficient cash generation from operations. However, fluctuations in investing and financing cash flows may impact liquidity management.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
3.39B	3.39B	3.15B	2.73B	1.70B	1.63B
	Gross Profit
1.63B	1.63B	1.51B	1.26B	919.15M	911.14M
	EBIT
547.25M	450.41M	675.09M	397.50M	215.72M	197.49M
	EBITDA
879.03M	986.25M	906.71M	851.67M	257.62M	215.15M
	Net Income Common Stockholders
281.04M	258.81M	219.30M	253.50M	124.91M	106.58M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
117.33M	175.09M	127.02M	117.33M	120.05M	65.85M
	Total Assets
3.90B	4.48B	4.29B	3.90B	3.83B	2.37B
	Total Debt
1.67B	2.05B	1.92B	1.67B	1.59B	899.42M
	Net Debt
1.55B	1.87B	1.80B	1.55B	1.47B	833.58M
	Total Liabilities
2.03B	2.42B	2.29B	2.03B	2.03B	1.09B
	Stockholders Equity
1.88B	2.05B	2.00B	1.88B	1.81B	1.28B
Cash Flow		Free Cash Flow
479.57M	471.71M	355.99M	433.72M	181.28M	184.72M
	Operating Cash Flow
544.07M	539.96M	416.14M	469.31M	223.30M	222.26M
	Investing Cash Flow
-462.10M	-441.59M	-462.33M	-336.44M	-744.64M	-20.35M
	Financing Cash Flow
-58.58M	-38.19M	51.31M	-139.27M	576.99M	-186.50M

FirstCash Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 131.94
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FCFS, the sentiment is Positive. The current price of 131.94 is above the 20-day moving average (MA) of 127.45, above the 50-day MA of 126.58, and above the 200-day MA of 114.76, indicating a bullish trend. The MACD of 0.34 indicates Negative momentum. The RSI at 61.97 is Neutral, neither overbought nor oversold. The STOCH value of 76.68 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FCFS.

FirstCash Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ACT	84 Outperform	$5.18B	7.77	14.09%	2.23%	4.33%	10.21%
FCFS	78 Outperform	$5.58B	20.14	13.70%	1.21%	5.06%	21.62%
SIGI	71 Outperform	$5.18B	23.25	7.48%	1.73%	13.37%	-35.09%
CRVL	69 Neutral	$5.63B	59.12	33.41%	―	12.61%	24.78%
OMF	68 Neutral	$6.35B	11.29	17.46%	7.87%	9.07%	―
Sector *	64 Neutral	$12.83B	9.78	7.78%	16985.64%	12.26%	-7.81%
BWIN	46 Neutral	$4.50B	―	-5.28%	―	12.11%	43.67%

FirstCash Corporate Events

FirstCash Announces Acquisition of H&T Group plc

On May 14, 2025, FirstCash Holdings, Inc. announced its agreement to acquire H&T Group plc, the leading pawn operator in the UK, through its subsidiary Chess Bidco Limited. The acquisition, valued at approximately £297 million, will be executed via a court-sanctioned scheme of arrangement and is expected to close in the second half of 2025, pending regulatory and shareholder approvals. This strategic move marks FirstCash’s entry into the UK market, enhancing its geographic diversification and operational scale, and is anticipated to be accretive to the company’s EBITDA and EPS. The acquisition is supported by irrevocable undertakings from H&T’s board members and aims to leverage H&T’s established brand and experienced management team to drive long-term growth and value for stakeholders.

The most recent analyst rating on (FCFS) stock is a Buy with a $134.00 price target. To see the full list of analyst forecasts on FirstCash stock, see the FCFS Stock Forecast page.

FirstCash Highlights Strong Financial Performance in Presentation

FirstCash Holdings, Inc. has released its latest investor presentation, highlighting its strong financial performance with a revenue of $3.4 billion and a GAAP net income of $281 million for the trailing twelve months as of March 31, 2025. The company continues to focus on growth through opening new retail pawn locations and acquiring existing stores, despite facing challenges such as regulatory risks and competition in the retail payment solutions market.