First Midwest Bancorp Inc. (NASDAQ:FMBI) went down by -0.61% from its latest closing price compared to the recent 1-year high of $24.28. The company’s stock price has collected -5.57% of loss in the last five trading sessions. Press Release reported 17 hours ago that First Midwest Bancorp, Inc. Announces 2021 Second Quarter Results — EPS Up 156% From a Year Ago
Is It Worth Investing in First Midwest Bancorp Inc. (NASDAQ :FMBI) Right Now?
First Midwest Bancorp Inc. (NASDAQ:FMBI) scored a price-to-earnings ratio above its average ratio, recording 17.02 x from its present earnings ratio. Plus, the 36-month beta value for FMBI is at 1.26. Opinions of the stock are interesting as 0 analysts out of 6 who provided ratings for First Midwest Bancorp Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 6 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $21.88, which is $4.53 above the current price. FMBI currently public float of 112.93M and currently shorts hold a 1.86% ratio of that float. Today, the average trading volume of FMBI was 804.93K shares.
FMBI’s Market Performance
FMBI stocks went down by -5.57% for the week, with a monthly drop of -10.46% and a quarterly performance of -14.71%, while its annual performance rate touched 42.86%. The volatility ratio for the week stands at 3.70% while the volatility levels for the past 30 days are set at 2.73% for First Midwest Bancorp Inc.. The simple moving average for the period of the last 20 days is -8.42% for FMBI stocks with a simple moving average of -1.83% for the last 200 days.
Analysts’ Opinion of FMBI
Stephens, on the other hand, stated in their research note that they expect to see FMBI reach a price target of $19. The rating they have provided for FMBI stocks is “Equal-Weight” according to the report published on February 10th, 2021.
FMBI Trading at -12.53% from the 50-Day Moving Average
After a stumble in the market that brought FMBI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -26.69% of loss for the given period.
Volatility was left at 2.73%, however, over the last 30 days, the volatility rate increased by 3.70%, as shares sank -13.21% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -16.43% lower at present.
During the last 5 trading sessions, FMBI fell by -5.57%, which changed the moving average for the period of 200-days by +64.51% in comparison to the 20-day moving average, which settled at $19.30. In addition, First Midwest Bancorp Inc. saw 11.81% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at FMBI starting from Hotchkiss James P, who sale 2,521 shares at the price of $20.77 back on Mar 05. After this action, Hotchkiss James P now owns 73,274 shares of First Midwest Bancorp Inc., valued at $52,361 using the latest closing price.
Hotchkiss James P, the EVP and Treasurer of First Midwest Bancorp Inc., sale 2,479 shares at $20.26 during a trade that took place back on Mar 04, which means that Hotchkiss James P is holding 75,795 shares at $50,229 based on the most recent closing price.
Stock Fundamentals for FMBI
Current profitability levels for the company are sitting at:
- +18.72 for the present operating margin
The net margin for First Midwest Bancorp Inc. stands at +13.48. The total capital return value is set at 3.28, while invested capital returns managed to touch 2.78. Equity return is now at value 4.90, with 0.60 for asset returns.
Based on First Midwest Bancorp Inc. (FMBI), the company’s capital structure generated 71.93 points at debt to equity in total, while total debt to capital is 41.84. Total debt to assets is 9.26, with long-term debt to equity ratio resting at 61.87. Finally, the long-term debt to capital ratio is 32.90.
When we switch over and look at the enterprise to sales, we see a ratio of 4.75, with the company’s debt to enterprise value settled at 0.51. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.10.