First Financial Bankshares, Inc. (NASDAQ: FFIN) has seen a rise in its stock price by 0.52 in relation to its previous close of 28.65. However, the company has experienced a -4.67% decline in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-18 that Although the revenue and EPS for First Financial (FFIN) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Is It Worth Investing in First Financial Bankshares, Inc. (NASDAQ: FFIN) Right Now?
First Financial Bankshares, Inc. (NASDAQ: FFIN) has a price-to-earnings ratio of 20.71x that is above its average ratio. Additionally, the 36-month beta value for FFIN is 0.85. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 5 rating it as “hold,” and 1 rating it as “sell.”
The public float for FFIN is 136.90M and currently, short sellers hold a 6.68% ratio of that float. The average trading volume of FFIN on April 19, 2024 was 505.75K shares.
FFIN’s Market Performance
The stock of First Financial Bankshares, Inc. (FFIN) has seen a -4.67% decrease in the past week, with a -4.32% drop in the past month, and a 2.06% gain in the past quarter. The volatility ratio for the week is 2.57%, and the volatility levels for the past 30 days are at 2.68% for FFIN. The simple moving average for the last 20 days is -6.98% for FFIN stock, with a simple moving average of -0.14% for the last 200 days.
Analysts’ Opinion of FFIN
Many brokerage firms have already submitted their reports for FFIN stocks, with Janney repeating the rating for FFIN by listing it as a “Neutral.” The predicted price for FFIN in the upcoming period, according to Janney is $50 based on the research report published on August 31, 2021 of the previous year 2021.
Robert W. Baird, on the other hand, stated in their research note that they expect to see FFIN reach a price target of $60. The rating they have provided for FFIN stocks is “Neutral” according to the report published on October 16th, 2018.
FFIN Trading at -7.47% from the 50-Day Moving Average
After a stumble in the market that brought FFIN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -13.12% of loss for the given period.
Volatility was left at 2.68%, however, over the last 30 days, the volatility rate increased by 2.57%, as shares sank -7.40% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.07% lower at present.
During the last 5 trading sessions, FFIN fell by -4.67%, which changed the moving average for the period of 200-days by -1.61% in comparison to the 20-day moving average, which settled at $30.84. In addition, First Financial Bankshares, Inc. saw -4.95% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at FFIN starting from Nickles Robert Clark Jr, who purchase 584 shares at the price of $30.47 back on Feb 07 ’24. After this action, Nickles Robert Clark Jr now owns 92,970 shares of First Financial Bankshares, Inc., valued at $17,794 using the latest closing price.
Hickox Michelle S, the EVP/CFO of First Financial Bankshares, Inc., purchase 600 shares at $26.25 during a trade that took place back on Nov 16 ’23, which means that Hickox Michelle S is holding 17,363 shares at $15,750 based on the most recent closing price.
Stock Fundamentals for FFIN
Current profitability levels for the company are sitting at:
- 0.51 for the present operating margin
- 1.0 for the gross margin
The net margin for First Financial Bankshares, Inc. stands at 0.38. The total capital return value is set at 0.03. Equity return is now at value 14.39, with 1.53 for asset returns.
Based on First Financial Bankshares, Inc. (FFIN), the company’s capital structure generated 0.21 points at debt to capital in total, while cash flow to debt ratio is standing at 0.71. The debt to equity ratio resting at 0.27. The interest coverage ratio of the stock is 1.86.
Currently, EBITDA for the company is 243.3 million with net debt to EBITDA at -0.48. When we switch over and look at the enterprise to sales, we see a ratio of 7.5. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.14.
Conclusion
In conclusion, First Financial Bankshares, Inc. (FFIN) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
