Recent News
On June 23, FirstCash announced agreement to acquire Ramsdens, a U.K. pawn and retail-financial-services operator, expanding its international footprint. On May 12 the company filed an 8‑K disclosing a $750 million senior notes offering to refinance existing credit facilities. On July 22 FirstCash published planned leadership succession and board changes; the company completed reincorporation from Delaware to Texas in mid‑June.
Technical Analysis
ADX at 33.42 signals a strong trend environment; trend strength increases the chance that near-term momentum will resolve in a directional move rather than chop, making the upcoming catalyst set (M&A, leadership change) a higher-impact event for price.
Directional indicators show DI+ at 11.4 with a dip & reversal and DI‑ at 25.16 with a peak & reversal; both patterns read as bullish by directional reversal rules, but the absolute DI‑ dominance implies sellers retained intermittent control before the reversal — the net effect targets a volatile resolution rather than a clean breakout, which aligns with the valuation-overhang.
MACD sits at ‑2.95 with a signal line at ‑3.33 and a documented dip & reversal; MACD now trades above its signal line, a bullish momentum signal that supports short-term upside attempts but stops short of confirming sustained strength while price remains close to upper volatility bands.
MRO registers ‑7.13 (negative), indicating price sits below the model target and carries measured upside potential; the magnitude implies mild pressure toward higher prices over time if fundamentals stabilize.
RSI 47.74 with a dip & reversal indicates recent downward pressure that has begun to roll over; the oscillator sits inside neutral territory, implying near-term moves will depend on follow‑through volume. Volume today ran ~623k versus a 10‑day average ~612k, showing slightly elevated participation on recent moves.
Price sits at $214.89 above short EMAs and the 20‑day average ($207.04 and 12‑day EMA $207.92; 26‑day EMA $210.89) but below the 50‑day average ($216.85). The close slightly exceeds the 1x upper Bollinger band ($214.16), signaling a short‑term overextension that increases the probability of a corrective pullback into the $207–$216 range before any sustained leg higher. Beta behavior differs by lookback (42‑day beta 1.16, 52‑week beta 0.52), reflecting recent higher relative volatility versus longer-term stability.
Fundamental Analysis
Reported Q2 operating results showed adjusted EPS $2.50 versus estimate $2.39, an EPS beat of $0.11 (≈4.60% surprise); the company also declared a quarterly cash dividend. WMDST notes the headline EPS beat while treating near-term valuation and cash metrics as primary determinants of fair value.
Earnings growth metrics present mixed direction: overall earnings growth reads ‑7.06%, quarter‑over‑quarter change approximates ‑4.73%, and year‑over‑year earnings change registers about ‑47.79% (each reported as provided). Revenue growth shows 0.0% (no top‑line growth), with QoQ and YoY revenue fields indicating a ‑100.0% result in the supplied figures; cash‑flow margins and cash‑flow‑to‑earnings report as $0.00 in the provided inputs. Cost of debt remains low at 0.989% on reported debt. Use of invested capital totals $2,480,157,000.
Valuation multiples present a stretched current multiple alongside mixed forward signals. Reported PE stands at 85.95 while the industry peer mean sits near 88.82 and the industry peer median near 45.96; the current PE runs slightly below the industry peer mean and clearly above the industry peer median. Forward PE reads 65.91 versus an industry peer mean forward PE of 70.49, indicating a modestly lower forward multiple relative to peer mean but still materially elevated on an absolute basis. PEG metrics show a current PEG of ‑12.17 versus an industry peer mean PEG of 2.06 and industry peer median PEG of 0.57; forward PEG remains negative at ‑9.33, reflecting the interaction of high multiples and volatile growth inputs.
WMDST values the stock as over‑valued given the combination of elevated trailing PE, negative PEG dynamics, and muted top‑line growth in the provided figures; the Q2 EPS beat improves near‑term earnings optics but insufficiently compresses valuation to a fair range under WMDST assumptions. The company’s recent refinancing via senior notes increases liquidity and extends maturities, supporting M&A execution but also raising the stakes for integration outcomes tied to the Ramsdens purchase.
MOST-RECENT QUARTERLY REPORT
| REPORT PERIOD ENDING: | 2026-06-30 |
| REPORT DATE: | 2026-07-23 |
| NEXT REPORT DATE: | 2026-10-22 |
| CASH FLOW | Begin Period Cash Flow | — |
| Operating Cash Flow | — | |
| Capital Expenditures | — | |
| Change In Working Capital | — | |
| Dividends Paid | — | |
| Cash Flow Delta | — | |
| End Period Cash Flow | — | |
| INCOME STATEMENT | REVENUE | |
| Total Revenue | — | |
| Forward Revenue | — | |
| COSTS | ||
| Cost Of Revenue | — | |
| Depreciation | — | |
| Depreciation and Amortization | — | |
| Research and Development | — | |
| Total Operating Expenses | — | |
| PROFITABILITY | ||
| Gross Profit | — | |
| EBITDA | — | |
| EBIT | — | |
| Operating Income | — | |
| Interest Income | — | |
| Interest Expense | — | |
| Net Interest Income | — | |
| Income Before Tax | — | |
| Tax Provision | — | |
| Tax Rate | — | |
| Net Income | — | |
| Net Income From Continuing Operations | — | |
| EARNINGS | ||
| EPS Estimate | $ 2.39 | |
| EPS Actual | $ 2.50 | |
| EPS Difference | $ 0.11 | |
| EPS Surprise | 4.603 % | |
| Forward EPS | $ 3.26 | |
| BALANCE SHEET | ASSETS | |
| Total Assets | — | |
| Intangible Assets | — | |
| Net Tangible Assets | — | |
| Total Current Assets | — | |
| Cash and Short-Term Investments | — | |
| Cash | — | |
| Net Receivables | — | |
| Inventory | — | |
| Long-Term Investments | — | |
| LIABILITIES | ||
| Accounts Payable | — | |
| Short-Term Debt | — | |
| Total Current Liabilities | — | |
| Net Debt | — | |
| Total Debt | — | |
| Total Liabilities | — | |
| EQUITY | ||
| Total Equity | — | |
| Retained Earnings | — | |
| VALUATION & PER-SHARE METRICS | EQUITY & PER-SHARE METRICS | |
| Book Value Per-Share | — | |
| Shares Outstanding | — | |
| Revenue Per-Share | — | |
| VALUATION | Market Capitalization | — |
| Enterprise Value | — | |
| Enterprise Multiple | — | |
| Enterprise Multiple QoQ | — | |
| Enterprise Multiple YoY | — | |
| Enterprise Multiple IPRWA | — | |
| EV/R | — | |
| CAPITAL STRUCTURE | ||
| Asset To Equity | — | |
| Asset To Liability | — | |
| Debt To Capital | — | |
| Debt To Assets | — | |
| Debt To Assets QoQ | — | |
| Debt To Assets YoY | — | |
| Debt To Assets IPRWA | — | |
| Debt To Equity | — | |
| Debt To Equity QoQ | — | |
| Debt To Equity YoY | — | |
| Debt To Equity IPRWA | — | |
| PRICE-BASED VALUATION | ||
| Price To Book (P/B) | — | |
| Price To Book QoQ | — | |
| Price To Book YoY | — | |
| Price To Book IPRWA | — | |
| Price To Earnings (P/E) | 85.951 | |
| Price To Earnings QoQ | 22.176 % | |
| Price To Earnings YoY | 18.832 % | |
| Price To Earnings IPRWA | high: 154.897 mean: 88.824 FCFS: 85.951 median: 45.963 low: 14.926 |
|
| PE/G Ratio | -12.169 | |
| Price To Sales (P/S) | — | |
| Price To Sales QoQ | — | |
| Price To Sales YoY | — | |
| Price To Sales IPRWA | — | |
| FORWARD MULTIPLES | ||
| Forward P/E | 65.913 | |
| Forward PE/G | -9.332 | |
| Forward P/S | — | |
| EFFICIENCY | OPERATIONAL | |
| Operating Leverage | — | |
| ASSET & SALES | ||
| Asset Turnover Ratio | — | |
| Asset Turnover Ratio QoQ | — | |
| Asset Turnover Ratio YoY | — | |
| Asset Turnover Ratio IPRWA | — | |
| Receivables Turnover | — | |
| Receivables Turnover Ratio QoQ | — | |
| Receivables Turnover Ratio YoY | — | |
| Receivables Turnover Ratio IPRWA | — | |
| Inventory Turnover | — | |
| Inventory Turnover Ratio QoQ | — | |
| Inventory Turnover Ratio YoY | — | |
| Inventory Turnover Ratio IPRWA | — | |
| Days Sales Outstanding (DSO) | — | |
| CASH CYCLE | ||
| Cash Conversion Cycle Days (CCC) | — | |
| Cash Conversion Cycle Days QoQ | — | |
| Cash Conversion Cycle Days YoY | — | |
| Cash Conversion Cycle Days IPRWA | — | |
| CAPITAL DEPLOYMENT | ||
| Cash Conversion Ratio | — | |
| CapEx To Revenue | — | |
| CapEx To Depreciation | — | |
| CAPITAL, LIQUIDITY & COVERAGE | CAPITAL STRUCTURE | |
| Total Capital | — | |
| Net Invested Capital | — | |
| Invested Capital | $ 2.5 B | |
| Net Tangible Assets | — | |
| Net Working Capital | — | |
| LIQUIDITY | ||
| Cash Ratio | — | |
| Current Ratio | — | |
| Current Ratio QoQ | — | |
| Current Ratio YoY | — | |
| Current Ratio IPRWA | — | |
| Quick Ratio | — | |
| Quick Ratio QoQ | — | |
| Quick Ratio YoY | — | |
| Quick Ratio IPRWA | — | |
| COVERAGE & LEVERAGE | ||
| Debt To EBITDA | — | |
| Cost Of Debt | 0.989 % | |
| Interest Coverage Ratio | — | |
| Interest Coverage Ratio QoQ | — | |
| Interest Coverage Ratio YoY | — | |
| Interest Coverage Ratio IPRWA | — | |
| Operating Cash Flow Ratio | — | |
| TIMING / LIQUIDITY | ||
| Days Payables Outstanding (DPO) | — | |
| DIVIDENDS | ||
| Dividend Coverage Ratio | — | |
| Dividend Payout Ratio | — | |
| Dividend Rate | — | |
| Dividend Yield | — | |
| PERFORMANCE | GROWTH | |
| Asset Growth Rate | — | |
| Revenue Growth | 0.0 % | |
| Revenue Growth QoQ | -100.0 % | |
| Revenue Growth YoY | -100.0 % | |
| Revenue Growth IPRWA | high: 27.903 % mean: 7.784 % median: 2.688 % FCFS: 0.0 % low: -28.372 % |
|
| Earnings Growth | -7.063 % | |
| Earnings Growth QoQ | -472.914 % | |
| Earnings Growth YoY | -47.786 % | |
| Earnings Growth IPRWA | high: 63.158 % mean: 18.684 % FCFS: -7.063 % median: -30.719 % low: -82.727 % |
|
| MARGINS | ||
| Gross Margin | — | |
| Gross Margin QoQ | — | |
| Gross Margin YoY | — | |
| Gross Margin IPRWA | — | |
| EBIT Margin | — | |
| EBIT Margin QoQ | — | |
| EBIT Margin YoY | — | |
| EBIT Margin IPRWA | — | |
| Return On Sales (ROS) | — | |
| Return On Sales QoQ | — | |
| Return On Sales YoY | — | |
| Return On Sales IPRWA | — | |
| CASH FLOW | ||
| Free Cash Flow (FCF) | — | |
| Free Cash Flow Yield | — | |
| Free Cash Flow Yield QoQ | — | |
| Free Cash Flow Yield YoY | — | |
| Free Cash Flow Yield IPRWA | — | |
| Free Cash Growth | — | |
| Free Cash Growth QoQ | — | |
| Free Cash Growth YoY | — | |
| Free Cash Growth IPRWA | — | |
| Free Cash To Net Income | — | |
| Cash Flow Margin | 0.0 % | |
| Cash Flow To Earnings | 0.0 | |
| VALUE & RETURNS | ||
| Economic Value Added | — | |
| Return On Assets (ROA) | — | |
| Return On Assets QoQ | — | |
| Return On Assets YoY | — | |
| Return On Assets IPRWA | — | |
| Return On Capital Employed (ROCE) | — | |
| Return On Equity (ROE) | — | |
| Return On Equity QoQ | — | |
| Return On Equity YoY | — | |
| Return On Equity IPRWA | — | |
| DuPont ROE | — | |
| Return On Invested Capital (ROIC) | — | |
| Return On Invested Capital QoQ | — | |
| Return On Invested Capital YoY | — | |
| Return On Invested Capital IPRWA | — | |