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First Cash Financial Services, Inc. (FCFS) [hlAlert]

Rating:
Strong Buy
FCFS
down 21.55 %

First Cash Financial Services, Inc. (FCFS) rated Strong Buy with price target $65 by Ascendiant Capital Markets

Posted on: Tuesday,  Jul 2, 2013  8:25 AM ET by Ascendiant Capital Markets

Ascendiant Capital Markets rated Strong Buy First Cash Financial Services, Inc. (NASDAQ: FCFS) on 07/02/2013, when the stock price was
$50.58. Since then, First Cash Financial Services, Inc. has lost 21.55% as of 01/22/2016's recent price of $39.68.
If you would have followed this Ascendiant Capital Markets's recommendation on FCFS, you would have lost 21.55% of your investment in 934 days.

First Cash Financial Services, Inc. is an operator of pawn and consumer finance stores in the United States and Mexico. As of March 12, 2009, the Company had over 535 locations in 12 United States states and 16 states in Mexico. The Company's pawn stores engage in both consumer finance and retail sales activities. They are a source for small consumer loans, advancing money against pledged tangible personal property, such as jewelry, consumer electronics, tools, sporting goods and musical instruments. In addition, many of the Company's pawn stores offer short-term loans or credit services products. The Company operates stand-alone short-term loan stores in six United States states and nine states in Mexico. These stores provide consumer financial services products, including short-term loans, credit services, check cashing, money orders, money transfers and prepaid card products. In June 2009, the Company acquired the assets of two pawn stores located in Dallas.

Ascendiant Capital Markets is led by George Santana, who has nearly twenty years of equity research experience in the United States and foreign markets. During his career, Mr. Santana has been recognized six consecutive times in the Institutional Investor magazine poll of top analysts.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/2/2013 8:25 AM Buy
None
50.58 65.00
as of 12/13/2013
1 Week down  -5.41 %
1 Month down  -1.78 %
3 Months up  5.00 %
1 YTD up  16.64 %

(*) Stock Price at the time of the recommendation.
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