Nomura Securities Maintains a 'Buy' on Dollar Financial (DLLR); Bumping Estimates on High Quality Beat
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Price: $9.51 --0%
Rating Summary:
4 Buy, 8 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 6 | Down: 4 | New: 9
Rating Summary:
4 Buy, 8 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 6 | Down: 4 | New: 9
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Nomura Securities maintains a 'Buy' on Dollar Financial (NASDAQ: DLLR) price target of $20.00.
Analyst, Bill Carcache, said, "DLLR reported 3Q12 operating EPS of $0.53 versus our / consensus estimate of $0.51 / $0.52. For FY2012, the company increased and narrowed its guidance range to between $2.08 and $2.11 per share vs. prior of $2.05 and $2.10 and our previous estimate / consensus of $2.06 / $2.08. DLLR appears to be allocating an increasing proportion of its capital and resources towards building out platforms in high growth, underpenetrated regions in Europe. Our 2012 core EPS estimate goes to $2.10 (from $2.06). Shares trading at 9.4x / 7.8x our 2013 GAAP / core EPS estimates are attractive."
For an analyst ratings summary and ratings history on Dollar Financial click here. For more ratings news on Dollar Financial click here.
Shares of Dollar Financial closed at $17.48 yesterday.
Analyst, Bill Carcache, said, "DLLR reported 3Q12 operating EPS of $0.53 versus our / consensus estimate of $0.51 / $0.52. For FY2012, the company increased and narrowed its guidance range to between $2.08 and $2.11 per share vs. prior of $2.05 and $2.10 and our previous estimate / consensus of $2.06 / $2.08. DLLR appears to be allocating an increasing proportion of its capital and resources towards building out platforms in high growth, underpenetrated regions in Europe. Our 2012 core EPS estimate goes to $2.10 (from $2.06). Shares trading at 9.4x / 7.8x our 2013 GAAP / core EPS estimates are attractive."
For an analyst ratings summary and ratings history on Dollar Financial click here. For more ratings news on Dollar Financial click here.
Shares of Dollar Financial closed at $17.48 yesterday.
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