Pathward Financial Inc. (NASDAQ:CASH) currently has a daily average trading volume of 265.67K but it saw 920564 shares traded on Wednesday. With a market cap of 1.21B USD, stock’s current market price of $43.29 came rising about 0.09 while comparing to the previous closing price of $43.25. In past 52 weeks, the stock remained buoying in the range of price level as high as $57.57 and as low as $31.16. In the recent trading on the day, stock has struck highest price mark of $43.59 while lowest mark touched by it was $40.57.
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Taking a look at 20-day trading activity of Pathward Financial Inc. (CASH) gives us an average price of $48.94, while its current price level is -24.80% below from 52-week high level whereas it is 38.93% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $48.20 while that of 200 days or SMA-200 reads an average of $41.00. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.61% during that period while stretching the period over a month that decreases to 3.59%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 31.63 which implies that the stock is in neutral territory.
Pathward Financial Inc. (CASH)’s stock is currently under the radar of 3 analysts who are in consensus at a 12-month price target range of between $49.00 and $63.00 for company’s shares. The average price target assigned by the average number of analysts to a stock is a way to gauge worth of any stock in next 52 weeks. And in assigning price target to a stock, some analysts adopt a bearish approach by advocating lower-than-average price target which in this case is $49.00 while some adopt bullish approach by assigning higher-than-average price target which reads the price to top $63.00. Average price target assigned by them is $56.00 which highlights an upside potential of 22.7% for the stock over that period. And to attain the median price target of $56.00 assigned by those analysts, stock has to add about 22.7% of value to its current levels.
Data by FactSet Research shows that 3 analysts have issued their ratings for the stock. 0 of them are in opinions that stock is a Sell, while 0 are advising it as an Overweight. 1 analysts suggested the investors to Buy the stock while 2 advised them to Hold. Recommendations by all of those brokerages imply a consensus rating of Overweight for the stock and that issued by Wall Street to investors is Moderate Buy.
Keefe Bruyette downgraded its recommendation for the stock as a “Mkt Perform” from “Outperform” on July 28, 2022 while assigning a price target range of $67-$45. Raymond James issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $70 and $46.
Over the week, CASH’s stock price is moving -12.72% down while it is -14.33% when we observe its performance for the past one month. Year-to-date it is 0.56% up and over the past year, the stock is showing a downside performance of -17.42%.
The latest quarterly earnings report issued by the company was for quarter ended 12/30/2022, when its quarterly earnings per share (EPS) of $0.98 beat the consensus estimate of $0.8 for the same. The company is expected to be releasing its next quarterly report in 04/26/2023, for which analysts forecasted an EPS of $2.04 while estimate for next year EPS is $5.8. For CASH, analysts are forecasting an EPS-growth rate of 10.30% for current year and estimate for EPS growth in next year is 9.80%. In next quarter, company is expected to be making quarterly sales of $160.33 million as analysts are expecting the sales for current fiscal year at $666.52 million and seeing the company making $697.95 million in sales next year. Moreover, analysts are in estimates of $210.83 million for current-quarter revenue.
Currently, Pathward Financial Inc.’s total number of outstanding shares is 28.02M with 1.42% of that held by the insiders while 92.36% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 36.80%. It has a price to earnings ratio (P/E ratio) of 10.11 while having a 6.75 of forward P/E ratio. Stock’s beta reads 0.83. Stock has a price to book (P/B) ratio of 1.84 while price to sale or P/S ratio amounts to 3.74.
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