Pathward Financial Inc (NASDAQ:CASH) price on Friday, March 21, rose 1.26% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $74.15.
A look at the stock’s price movement, the close in the last trading session was $73.23, moving within a range at $72.11 and $74.225. The beta value (5-Year monthly) was 0.698 while the PE ratio in trailing twelve months stood at 10.83. Turning to its 52-week performance, $86.00 and $48.15 were the 52-week high and 52-week low respectively. Overall, CASH moved -7.14% over the past month.
Pathward Financial Inc’s market cap currently stands at around $1.77 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Jan-20. The company has a Forward Dividend ratio of 0.20, with its dividend yield at 0.27%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 256.3M for the company’s revenue for the quarter, with a low and high estimate of 246.71M and 263.4M respectively. The average forecast suggests up to a 3.66% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 789.84M, representing a 4.66% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that CASH is a Hold. On the other hand, the stock is on average a Hold as suggested by medium term indicators while long term indicators are putting the stock in Hold category.
CASH’s current price about 0.62% and -3.33% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 48.54, while 7-day volatility ratio is 2.62% and 2.83% in the 30-day chart. Further, Pathward Financial Inc (CASH) has a beta value of 0.45, and an average true range (ATR) of 2.08. Analysts have given the company’s stock an average 52-week price target of $82, forecast between a low of $82 and high of $82. Looking at the price targets, the low is -10.59% off current price level while to achieve the yearly target high, price needs to move -10.59%. Nonetheless, investors will most likely welcome a -10.59% jump to $82 which is the analysts’ median price.
If we refocus on Pathward Financial Inc (NASDAQ:CASH), historical trading data shows that trading volumes averaged 0.24 over the past 10 days and 180.50K over the past 3 months. The company’s latest data on shares outstanding shows there are 24.12 million shares.
The 1.50% of Pathward Financial Inc’s shares are in the hands of company insiders while institutional holders own 96.82% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 1.62 million on 2025-02-28, giving us a short ratio of 8.89. The data shows that as of 2025-02-28 short interest in Pathward Financial Inc (CASH) stood at 814.0001 of shares outstanding, with shares short falling to 1.83 million registered in 2025-01-31. Current price change has pushed the stock 0.77% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the CASH stock continues to rise going into the next quarter.
