First Hawaiian INC (NASDAQ: FHB) has a price-to-earnings ratio of 12.02x that is above its average ratio. Additionally, the 36-month beta value for FHB is 0.98. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 1 rating it as “overweight,” 6 rating it as “hold,” and 0 rating it as “sell.”
The public float for FHB is 126.92M and currently, short sellers hold a 2.01% ratio of that float. The average trading volume of FHB on April 26, 2024 was 675.00K shares.
FHB) stock’s latest price update
First Hawaiian INC (NASDAQ: FHB)’s stock price has decreased by -0.63 compared to its previous closing price of 22.21. However, the company has seen a 7.50% increase in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-19 that First Hawaiian (FHB) doesn’t possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
FHB’s Market Performance
First Hawaiian INC (FHB) has experienced a 7.50% rise in stock performance for the past week, with a 3.71% rise in the past month, and a 2.13% rise in the past quarter. The volatility ratio for the week is 3.11%, and the volatility levels for the past 30 days are at 2.33% for FHB. The simple moving average for the past 20 days is 3.47% for FHB’s stock, with a 9.08% simple moving average for the past 200 days.
Analysts’ Opinion of FHB
Many brokerage firms have already submitted their reports for FHB stocks, with Barclays repeating the rating for FHB by listing it as a “Equal Weight.” The predicted price for FHB in the upcoming period, according to Barclays is $25 based on the research report published on March 08, 2024 of the current year 2024.
Wells Fargo, on the other hand, stated in their research note that they expect to see FHB reach a price target of $18. The rating they have provided for FHB stocks is “Underweight” according to the report published on January 05th, 2024.
JP Morgan gave a rating of “Neutral” to FHB, setting the target price at $26 in the report published on December 13th of the previous year.
FHB Trading at 3.79% from the 50-Day Moving Average
After a stumble in the market that brought FHB to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -4.95% of loss for the given period.
Volatility was left at 2.33%, however, over the last 30 days, the volatility rate increased by 3.11%, as shares surge +1.56% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.25% upper at present.
During the last 5 trading sessions, FHB rose by +7.50%, which changed the moving average for the period of 200-days by +18.21% in comparison to the 20-day moving average, which settled at $21.35. In addition, First Hawaiian INC saw -3.46% 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 FHB starting from Dods Christopher L, who sale 4,350 shares at the price of $20.35 back on Dec 01 ’23. After this action, Dods Christopher L now owns 52,583 shares of First Hawaiian INC, valued at $88,513 using the latest closing price.
Stock Fundamentals for FHB
Current profitability levels for the company are sitting at:
- 0.57 for the present operating margin
- 1.0 for the gross margin
The net margin for First Hawaiian INC stands at 0.26. The total capital return value is set at 0.05. Equity return is now at value 9.88, with 0.95 for asset returns.
Based on First Hawaiian INC (FHB), the company’s capital structure generated 0.29 points at debt to capital in total, while cash flow to debt ratio is standing at 0.25. The debt to equity ratio resting at 0.41. The interest coverage ratio of the stock is 2.52.
Currently, EBITDA for the company is 18.59 million with net debt to EBITDA at -3.88. When we switch over and look at the enterprise to sales, we see a ratio of 1.82. The receivables turnover for the company is 1.95for trailing twelve months and the total asset turnover is 0.04. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.12.
Conclusion
In conclusion, First Hawaiian INC (FHB) has seen better 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 is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
