Cash America International Inc (NYSE:CSH) a Buy: Jefferies

In a research note issued to investors, John Hecht at Jefferies Reiterated their Buy rating on Cash America International Inc (NASDAQ:CSH). The analyst placed a $33.00 price target on the stock which indicates a 18.32% upside to the last closing price. In the year following Hecht’s ratings, the stocks covered yield an average return of 13.0% according to In the past year 10 out of 16 recommendations or 63% were successful.

There are 6 research firms in total that have issued ratings on Cash America International, Inc. (NYSE:CSH) within the past year. The consensus, or mean target price of the Wall Street analysts covering the firm is $25. The most recent revision to the consensus target was on 2015-05-14. Analysts are predicting that Cash America International, Inc. (NYSE:CSH) will report $0.08 earnings per share when they next issue their quarterly earnings release on or around 2015-07-23.

The consensus mean estimate is the calculated mean of all brokerage sell-side analysts that issue earnings estimates for the company. In the most recent quarter the company reported earnings of $0.34 that ended on 2015-03-31. Cash America International, Inc. (NYSE:CSH) has a 2.71 consensus analyst rating on the stock based on an arithmetical average of the 6 ratings given by the brokerage analysts covering the company. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell. The highest estimate of the 6 covering analysts sees the stock climbing to $33 within the next year while the lowest estimate places the 12-month target price at $19.

Looking ahead to full year estimates, analysts have placed the consensus earnings per share estimate for the current year at $0.94. The most bullish analyst sees the company reporting earnings per share of $1.22 while the most bearish analyst is predicting a current year EPS number of $0.7. Looking further ahead to the next three to five years, the long term EPS growth rate on a consensus basis is 5%, based on the 1 analysts providing longer term projections in their models.

Cash America International, Inc., provides specialty financial services to individuals through retail services locations and through electronic distribution platforms known as e-commerce activities. Its consumer loan portfolio includes short-term loans, which include single payment loans (that are commonly referred to as payday loans) and line of credit products; longer-term multi-payment installment loans; and credit services and participation interests in receivables acquired from a third-party lender through the micro line of credit (MLOC) channel. It operates in two segments: retail services and e-commerce. Through the credit services organization programs (the CSO programs), it provides a third-party lender’s consumer loan product in some markets by acting as a credit services organization or credit access business on behalf of consumers. In August 2013, Cash America International Inc completed the acquisition of a chain of 41 pawn lending locations in the State of Texas.