Ambac Financial (AMBC) Investors: BTIG Reconfirms “Buy” Rating, First Cash Financial Services Has 0.11 Sentiment

June 22, 2017 - By Vivian Currie

FirstCash, Inc., formerly First Cash Financial Services, Inc., is an operator of retail pawn stores in the United States and Latin America. The company has market cap of $2.67 billion. The Company’s primary business is the operation of full-service pawn stores, which make small pawn loans secured by personal property, such as consumer electronics, jewelry, power tools, household appliances, sporting goods and musical instruments. It has a 30.91 P/E ratio. The Company’s operates through two divisions: the U.S. activities segment and the Latin America activities segment.

Among 2 analysts covering Ambac Financial Group Inc. (NASDAQ:AMBC), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Ambac Financial Group Inc. has $28 highest and $16.50 lowest target. $27.50’s average target is 69.96% above currents $16.18 stock price. Ambac Financial Group Inc. had 5 analyst reports since August 12, 2015 according to SRatingsIntel. The stock has “Neutral” rating by M Partners on Friday, May 12. The firm has “Buy” rating given on Thursday, March 2 by BTIG Research. The stock of Ambac Financial Group, Inc. (NASDAQ:AMBC) earned “Sell” rating by M Partners on Monday, December 19. M Partners maintained the shares of AMBC in report on Tuesday, December 13 with “Neutral” rating.

The stock increased 2.08% or $0.33 during the last trading session, reaching $16.18. About shares traded. Ambac Financial Group, Inc. (NASDAQ:AMBC) has risen 2.68% since June 22, 2016 and is uptrending. It has underperformed by 14.02% the S&P500.

Analysts await FirstCash Inc (NYSE:FCFS) to report earnings on July, 27. They expect $0.46 earnings per share, down 9.80% or $0.05 from last year’s $0.51 per share. FCFS’s profit will be $22.11M for 30.19 P/E if the $0.46 EPS becomes a reality. After $0.68 actual earnings per share reported by FirstCash Inc for the previous quarter, Wall Street now forecasts -32.35% negative EPS growth.

Ns Advisors Llc holds 7.74% of its portfolio in FirstCash Inc for 116,935 shares. Genesis Asset Managers Llp owns 2.09 million shares or 3.88% of their US portfolio. Moreover, Grandeur Peak Global Advisors Llc has 3.41% invested in the company for 395,275 shares. The Virginia-based Burney Co has invested 0.22% in the stock. Gemmer Asset Management Llc, a California-based fund reported 215 shares.

Since January 1, 0001, it had 0 buys, and 2 selling transactions for $675,000 activity.

Ratings analysis reveals 100% of FirstCash’s analysts are positive. Out of 2 Wall Street analysts rating FirstCash, 2 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. FCFS was included in 2 notes of analysts from October 11, 2016. The firm earned “Mkt Outperform” rating on Thursday, October 13 by JMP Securities. As per Tuesday, October 11, the company rating was initiated by Wedbush.