Published on 12 Apr 2024 on Zacks via Yahoo Finance

FirstCash Holdings, Inc. (FCFS) Hits Fresh High: Is There Still Room to Run?

Have you been paying attention to shares of FirstCash Holdings (FCFS)? Shares have been on the move with the stock up 11.5% over the past month. The stock hit a new 52-week high of $131.46 in the previous session. FirstCash Holdings has gained 21.2% since the start of the year compared to the 7.9% move for the Zacks Business Services sector and the 7% return for the Zacks Financial Transaction Services industry.

What's Driving the Outperformance?

The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on February 1, 2024, FirstCash reported EPS of $2.04 versus consensus estimate of $1.91 while it missed the consensus revenue estimate by 0.83%.