The stock of First Guaranty Bancshares Inc (FGBI) has gone up by 11.74% for the week, with a 9.67% rise in the past month and a -11.92% drop in the past quarter. The volatility ratio for the week is 7.70%, and the volatility levels for the past 30 days are 5.30% for FGBI. The simple moving average for the past 20 days is 12.02% for FGBI’s stock, with a 1.75% simple moving average for the past 200 days.
Is It Worth Investing in First Guaranty Bancshares Inc (NASDAQ: FGBI) Right Now?
The price-to-earnings ratio for First Guaranty Bancshares Inc (NASDAQ: FGBI) is above average at 17.90x, Company’s 36-month beta value is 0.42.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for FGBI is 6.31M, and currently, short sellers hold a 0.43% ratio of that floaft. The average trading volume of FGBI on May 01, 2024 was 7.48K shares.
FGBI) stock’s latest price update
The stock price of First Guaranty Bancshares Inc (NASDAQ: FGBI) has jumped by 10.64 compared to previous close of 10.15. Despite this, the company has seen a gain of 11.74% in its stock price over the last five trading days. Zacks Investment Research reported 2024-03-27 that Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Analysts’ Opinion of FGBI
Many brokerage firms have already submitted their reports for FGBI stocks, with Piper Sandler repeating the rating for FGBI by listing it as a “Underweight.” The predicted price for FGBI in the upcoming period, according to Piper Sandler is $9.50 based on the research report published on November 08, 2023 of the previous year 2023.
FGBI Trading at 6.58% from the 50-Day Moving Average
After a stumble in the market that brought FGBI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -26.36% of loss for the given period.
Volatility was left at 5.30%, however, over the last 30 days, the volatility rate increased by 7.70%, as shares surge +10.42% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.44% lower at present.
During the last 5 trading sessions, FGBI rose by +11.74%, which changed the moving average for the period of 200-days by -4.34% in comparison to the 20-day moving average, which settled at $10.08. In addition, First Guaranty Bancshares Inc saw 0.99% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for FGBI
Current profitability levels for the company are sitting at:
- 0.59 for the present operating margin
- 1.0 for the gross margin
The net margin for First Guaranty Bancshares Inc stands at 0.07. The total capital return value is set at 0.07. Equity return is now at value 3.37, with 0.24 for asset returns.
Based on First Guaranty Bancshares Inc (FGBI), the company’s capital structure generated 0.52 points at debt to capital in total, while cash flow to debt ratio is standing at 0.08. The debt to equity ratio resting at 1.1. The interest coverage ratio of the stock is 1.02.
Currently, EBITDA for the company is 3.0 million with net debt to EBITDA at -0.36. When we switch over and look at the enterprise to sales, we see a ratio of 1.04. The receivables turnover for the company is 0.42for 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 0.81.
Conclusion
In a nutshell, First Guaranty Bancshares Inc (FGBI) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.
