Nicholas Financial Inc (NICK) Files 10-K for the Fiscal Year Ended on March 31, 2020

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Jun 23, 2020
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Nicholas Financial Inc (NICK, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on March 31, 2020. Nicholas Financial Inc is a specialized consumer finance company engaged in acquiring and servicing automobile finance installment contracts for purchases of new and used automobiles and light trucks. Nicholas Financial Inc has a market cap of $60.978 million; its shares were traded at around $7.82 with a P/E ratio of 18.19 and P/S ratio of 1.15. GuruFocus has detected 2 severe warning signs with Nicholas Financial Inc. .

For the last quarter Nicholas Financial Inc reported a revenue of $13.1 million, compared with the revenue of $14.12 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $53.6 million, a decrease of 13.3% from the previous year. For the complete 30-year financial data, please go here.. For the last five years Nicholas Financial Inc had an average revenue decline of 8.1% a year.

The reported diluted earnings per share was 45 cents for the year. The profitability rank of the company is 6 (out of 10).

At the end of the fiscal year, Nicholas Financial Inc has the cash and cash equivalents of $24.7 million, compared with $35.6 million in the previous year. The long term debt was $1.88 million. Nicholas Financial Inc has a financial strength rank of 3 (out of 10).

At the current stock price of $7.82, Nicholas Financial Inc is traded at 36.6% discount to its historical median P/S valuation band of $12.34. The P/S ratio of the stock is 1.15, while the historical median P/S ratio is 1.68. The stock lost 15.3% during the past 12 months.

CEO Recent Trades:

  • President & CEO Douglas W Marohn bought 885 shares of NICK stock on 06/09/2020 at the average price of $6.85. The price of the stock has increased by 14.16% since.
  • President & CEO Douglas W Marohn bought 885 shares of NICK stock on 06/09/2020 at the average price of $6.85. The price of the stock has increased by 14.16% since.

Directors and Officers Recent Trades:

  • 10% Owner Capital Fund, Lp Magnolia bought 19,812 shares of NICK stock on 06/09/2020 at the average price of $8.19. The price of the stock has decreased by 4.52% since.

For the complete 20-year historical financial data of NICK, click here.