Pathward Financial (NASDAQ:CASH) Lowered to Hold Rating by Wall Street Zen

Wall Street Zen lowered shares of Pathward Financial (NASDAQ:CASH) from a buy rating to a hold rating in a report published on Saturday.

A number of other research analysts have also recently weighed in on the stock. Keefe, Bruyette & Woods upgraded shares of Pathward Financial from a “market perform” rating to an “outperform” rating and set a $100.00 price objective on the stock in a research report on Friday, January 23rd. Weiss Ratings upgraded shares of Pathward Financial from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, January 26th. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $97.00.

Pathward Financial Trading Up 1.0%

Shares of NASDAQ CASH opened at $90.29 on Friday. Pathward Financial has a 1-year low of $64.45 and a 1-year high of $91.00. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.81 and a quick ratio of 0.79. The business’s 50 day moving average is $75.36 and its two-hundred day moving average is $74.73. The stock has a market capitalization of $2.00 billion, a P/E ratio of 11.04 and a beta of 0.74.

Pathward Financial (NASDAQ:CASH) last announced its earnings results on Thursday, January 22nd. The savings and loans company reported $1.57 EPS for the quarter, topping analysts’ consensus estimates of $1.38 by $0.19. The firm had revenue of $173.10 million during the quarter, compared to analysts’ expectations of $185.80 million. Pathward Financial had a return on equity of 22.76% and a net margin of 22.95%.The company’s quarterly revenue was down .2% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.29 EPS. Pathward Financial has set its FY 2026 guidance at 8.550-9.050 EPS. As a group, research analysts expect that Pathward Financial will post 7.26 EPS for the current year.

Pathward Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 2nd. Investors of record on Wednesday, December 10th were issued a $0.05 dividend. The ex-dividend date was Wednesday, December 10th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.2%. Pathward Financial’s payout ratio is presently 2.44%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Revolve Wealth Partners LLC purchased a new stake in shares of Pathward Financial in the 4th quarter worth $267,437,000. Royal Bank of Canada lifted its stake in Pathward Financial by 21.2% in the first quarter. Royal Bank of Canada now owns 5,057 shares of the savings and loans company’s stock worth $369,000 after acquiring an additional 886 shares during the period. AQR Capital Management LLC grew its holdings in Pathward Financial by 61.3% during the 1st quarter. AQR Capital Management LLC now owns 9,152 shares of the savings and loans company’s stock worth $668,000 after acquiring an additional 3,479 shares in the last quarter. Millennium Management LLC increased its position in Pathward Financial by 264.1% during the 1st quarter. Millennium Management LLC now owns 128,645 shares of the savings and loans company’s stock valued at $9,385,000 after purchasing an additional 93,308 shares during the period. Finally, State of Alaska Department of Revenue raised its holdings in shares of Pathward Financial by 6.1% in the 2nd quarter. State of Alaska Department of Revenue now owns 14,022 shares of the savings and loans company’s stock valued at $1,108,000 after purchasing an additional 809 shares in the last quarter. 92.66% of the stock is currently owned by hedge funds and other institutional investors.

About Pathward Financial

Pathward Financial (NASDAQ:CASH) is a U.S.-based financial services company that operates through its wholly owned subsidiary, Pathward Bank. The company provides a range of banking and payment solutions designed for consumers, small businesses, community banks and fintech partners. Core offerings include deposit accounts, consumer and commercial lending, debit and prepaid card programs, digital banking platforms and treasury management services.

Through its banking charter, Pathward Financial delivers customizable payment solutions, including prepaid cards, payroll cards and benefit disbursement programs.