QC Holdings Inc. Stock Upgraded (QCCO)
NEW YORK ( TheStreet ) -- QC Holdings (Nasdaq: QCCO ) has been upgraded by TheStreet Ratings from hold to buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. Highlights from the ratings report include: Despite its growing revenue, the company underperformed as compared with the industry average of 4.5%. Since the same quarter one year prior, revenues slightly increased by 2.6%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share. The debt-to-equity ratio is somewhat low, currently at 0.66, and is less than that of the industry average, implying that there has been a relatively successful effort in the management of debt levels. To add to this, QCCO has a quick ratio of 1.66, which demonstrates the ability of the company to cover short-term liquidity needs. Net operating cash flow has significantly increased by 396.75% to $5.51 million when compared to the same quarter last year. In addition, QC HOLDINGS INC has also vastly surpassed the industry average cash flow growth rate of -22.47%. Looking at where the stock is today compared to one year ago, we find that it is not only higher, but it has also clearly outperformed the rise in the S&P 500 over the same period, despite the company's weak earnings results. Turning our attention to the future direction of the stock, it goes without saying that even the best stocks can fall in an overall down market. However, in any other environment, this stock still has good upside potential despite the fact that it has already risen in the past year. QC Holdings, Inc. provides various retail consumer financial products and services in the United States. The company offers payday loans that provide cash to the customers in exchange for a promissory note with a maturity of two to three weeks. The company has a P/E ratio of 4.6, below the average banking industry P/E ratio of 7.1 and below the S&P 500 P/E ratio of 17.7. QC has a market cap of $68.8 million and is part of the financial sector and banking industry. Shares are up 6.1% year to date as of the close of trading on Friday. You can view the full QC Ratings Report or get investment ideas from our investment research center .
Payday Loans Plc P - News
The company offers payday loans that provide cash to the customers in exchange for a promissory note with a maturity of two to three weeks. The company has a P/E ratio of 4.6, below the average banking industry P/E ratio of 7.1 and below the S&P 500
Despite trading near multi-year highs, this Zacks #1 Rank (strong buy) is still a value stock with a forward P/E of just 9.4. Advance America provides non-bank cash advances at 2600 centers and 52 limited licensees in 29 states, the UK and Canada to
10:40 am, officers of the Marianna Police Department observed an individual sitting in a vehicle at Fast Payday Loans on Lafayette Street, matching the description of a person who has active warrants. “Officers made contact with the individual sitting
By Letters from our readers P ayday loan businesses should be eliminated or limited in number. They do more harm than good to a city and its people. Being predatory lenders for the most part, they prey on the poor, the weak and the vulnerable.
FRIDAY WAS THE LAST PAYDAY before the holidays, the Wal-Mart Stores deadline for layaways and the day to get Let's Rock Elmo from Target at a loss-leading price. It's a good time of year, therefore, to examine the curious little retailing stock called
No Fax No Credit Check Payday Loan
When you're considering getting a personal loan, one thing that may daunt you is the requirements for doing so. After all, you're probably familiar with the traditional loan process, where people seem to send away their life histories and still get rejected most of the time. It seems like a lot of time and effort to go through for something that probably won't materialize.
There is more than one type of personal loan, however. Some personal loans may be very difficult to get and may have stringent requirements that you must fit into, but others are based on principles of easy access and openness to nearly everyone. This type of personal loan typically includes cash advances and payday loans.
For a regular loan, however passionately you feel you need one, you likely will have to jump through hoops. The requirements can include everything from a credit history to references, and it's typically for a larger amount of money than a payday personal loan.
This is why the payday loan (also called a cash advance; the terms are interchangeable) is such a good option for just about anyone. The requirements start with the basics: you have to be eighteen so that you can legally enter into a contract, so expect to show proof of ID and age. Some lenders require you to have held a steady job for a period of time, and verification is usually through paystubs (one recent and one older stub). Finally, some picky lenders even want a credit check done, but there are also "no credit check" payday loans.
With these minimal requirements, just about anyone can get a payday personal loan. But what exactly is one?
If you haven't had one before, you'll be happy to know that the amount you take out isn't too great (a hundred to a few thousand dollars), so it's fairly easy to repay the loan and still have money to live off.