Pathward Financial, Inc. (CASH) Hits Fresh High: Is There Still Room to Run?

Core Viewpoint - Pathward Financial (CASH) has shown strong stock performance, with a 16.7% increase over the past month and a 20.7% rise since the beginning of the year, outperforming both the Zacks Finance sector and the Zacks Banks - Northeast industry [1] Performance Metrics - The stock reached a new 52-week high of $86.92 recently [1] - Pathward has consistently exceeded earnings expectations, reporting an EPS of $1.57 against a consensus estimate of $1.38 in its last earnings report [2] - For the current fiscal year, Pathward is projected to achieve earnings of $8.45 per share on revenues of $825.7 million, reflecting a 7.37% increase in EPS and a 0.84% increase in revenues [3] Valuation Metrics - Pathward's stock trades at 10.1 times the current fiscal year EPS estimates, which is above the peer industry average of 9.4 times [7] - On a trailing cash flow basis, the stock trades at 7.9 times compared to the peer group's average of 11.8 times, positioning Pathward favorably for value investors [7] Style Scores - Pathward has a Value Score of A, with Growth and Momentum Scores of B, resulting in a combined VGM Score of A [6] Zacks Rank - The stock holds a Zacks Rank of 2 (Buy), supported by positive earnings estimate revisions from analysts, indicating potential for further gains [8]