Back to top

Analyst Blog

On Jun 28, Zacks Investment Research upgraded Cash America International, Inc. (CSH - Snapshot Report) to a Zacks Rank #1 (Strong Buy).

Why the Upgrade?

Cash America International has been witnessing rising earnings estimates over the last 60 days with a year-to-date return of 18.1%. The long-term expected earnings growth rate for this stock is 5%. Further, this specialty financial services provider has now delivered positive earnings surprises in the last 4 quarters with an average beat of 5.26%.

The Zacks Consensus Estimate for 2014 increased 1.6% to $4.45 per share, over the last 60 days. For 2015, the Zacks Consensus Estimate advanced 1.3% to $4.86 per share over the same time period.

On May 30, Cash America International completed the senior notes offering worth $500 million due 2021 at an interest rate of 9.75%. The proceeds from the offering will be used for repayment of debt and other corporate purposes.

Cash America International reported its first-quarter results on Apr 24 with earnings per share of $1.64 beating the Zacks Consensus Estimate of $1.52 by 7.89%. Net income was up 4.1% year over year.

Management expects second-quarter 2014 earnings per share in the range of 85 cents to 95 cents per share and reiterated its fiscal-year 2014 earnings per share range of $4.20 to $4.40.

Other Stocks to Consider

Some other banking stocks worth considering include West Bancorp., Inc. (WTBA - Snapshot Report) and Great Southern Bancorp Inc. (GSBC - Snapshot Report) with a Zacks Rank #1, while Astoria Financial Corporation (AF - Snapshot Report) carries a Zacks Rank #2 (Buy).

Please login to Zacks.com or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research

Close

Are you a new Zacks Member or a visitor to Zacks.com?

Top Zacks Features

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
UNITED THER… UTHR 117.83 +28.51%
TRIQUINT SE… TQNT 20.67 +6.52%
RF MICRO DE… RFMD 12.47 +6.04%
VASCO DATA… VDSI 14.77 +4.68%
BANCO DO BR… BDORY 15.53 +3.95%