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FCFS - FirstCash: Extending The Growth Runway With American First Finance Acquisition
December, 20 2021 11:02 PM
FirstCash Holdings Inc.
FirstCash has completed its acquisition of retail point-of-sale finance provider American First Finance for $1.17 billion in stock and cash. The deal terms screen favorably and should add compelling strategic options for the company going forward. However, the premium EV/EBITDA valuation of the shares already reflects much of the positives, keeping me on the sidelines. For further details see:
FirstCash: Extending The Growth Runway With American First Finance Acquisition
Stock Information
Company Name:
FirstCash Holdings Inc.
Stock Symbol:
FCFS
Market:
NASDAQ
Website:
firstcash.com
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