Pathward Financial (NASDAQ:CASH) Reaches New 12-Month High – Time to Buy?

Shares of Pathward Financial, Inc. (NASDAQ:CASH) hit a new 52-week high on Thursday . The stock traded as high as $88.44 and last traded at $86.5250, with a volume of 50381 shares trading hands. The stock had previously closed at $85.71.

Analysts Set New Price Targets

A number of brokerages have weighed in on CASH. Wall Street Zen raised shares of Pathward Financial from a “hold” rating to a “buy” rating in a report on Friday, January 23rd. Keefe, Bruyette & Woods raised shares of Pathward Financial from a “market perform” rating to an “outperform” rating and set a $100.00 target price for the company in a research note on Friday, January 23rd. Finally, Weiss Ratings raised Pathward Financial from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $97.00.

Pathward Financial Price Performance

The stock has a fifty day moving average price of $74.52 and a 200-day moving average price of $74.63. The company has a market cap of $1.94 billion, a PE ratio of 10.71 and a beta of 0.74. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.81 and a quick ratio of 0.79.

Pathward Financial (NASDAQ:CASH) last released its quarterly earnings data on Thursday, January 22nd. The savings and loans company reported $1.57 earnings per share for the quarter, beating the consensus estimate of $1.38 by $0.19. Pathward Financial had a net margin of 22.95% and a return on equity of 22.76%. The firm had revenue of $173.10 million for the quarter, compared to analyst estimates of $185.80 million. During the same quarter in the prior year, the business earned $1.29 EPS. The company’s revenue for the quarter was down .2% compared to the same quarter last year. Pathward Financial has set its FY 2026 guidance at 8.550-9.050 EPS. On average, equities analysts expect that Pathward Financial, Inc. will post 7.26 earnings per share for the current year.

Pathward Financial Dividend Announcement

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

Insider Transactions at Pathward Financial

In related news, Director Douglas J. Hajek sold 3,000 shares of the firm’s stock in a transaction on Friday, October 31st. The shares were sold at an average price of $68.11, for a total value of $204,330.00. Following the transaction, the director directly owned 16,631 shares in the company, valued at approximately $1,132,737.41. This trade represents a 15.28% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 1.43% of the stock is owned by insiders.

Institutional Trading of Pathward Financial

A number of hedge funds have recently bought and sold shares of the stock. Seros Financial LLC acquired a new position in shares of Pathward Financial during the third quarter valued at about $481,003,000. Revolve Wealth Partners LLC bought a new position in Pathward Financial during the fourth quarter valued at about $267,437,000. American Century Companies Inc. lifted its position in shares of Pathward Financial by 44.6% in the 3rd quarter. American Century Companies Inc. now owns 1,049,836 shares of the savings and loans company’s stock worth $77,698,000 after acquiring an additional 323,785 shares during the period. Neumeier Poma Investment Counsel LLC grew its holdings in shares of Pathward Financial by 62.0% during the 3rd quarter. Neumeier Poma Investment Counsel LLC now owns 348,590 shares of the savings and loans company’s stock worth $25,799,000 after purchasing an additional 133,455 shares in the last quarter. Finally, CSM Advisors LLC bought a new stake in shares of Pathward Financial during the second quarter valued at approximately $8,461,000. 92.66% of the stock is owned by 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.