The stock price of First Financial Bankshares, Inc. (NASDAQ: FFIN) has dropped by -0.97 compared to previous close of 38.84. Despite this, the company has seen a gain of 4.60% in its stock price over the last five trading days. prnewswire.com reported 2024-09-16 that ABILENE, Texas, Sept. 16, 2024 /PRNewswire/ — First Financial Bankshares, Inc. (NASDAQ: FFIN) (the “Company,” “First Financial Bankshares,” “we”, “us” or “our”) has announced the election of Brian D.
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 that is above its average at 27.32x. The stock has a 36-month beta value of 0.79. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 5 as “hold,” and 1 as “sell.”
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The public float for FFIN is 137.25M, and at present, short sellers hold a 6.03% of that float. On September 20, 2024, the average trading volume of FFIN was 681.94K shares.
FFIN’s Market Performance
FFIN stock saw an increase of 4.60% in the past week, with a monthly gain of 9.20% and a quarterly increase of 37.36%. The volatility ratio for the week is 3.37%, and the volatility levels for the last 30 days are 2.59% for First Financial Bankshares, Inc. (FFIN). The simple moving average for the last 20 days is 5.71% for FFIN’s stock, with a simple moving average of 21.77% 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 7.38% 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 -2.69% of loss for the given period.
Volatility was left at 2.59%, however, over the last 30 days, the volatility rate increased by 3.37%, as shares surge +9.37% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +24.68% upper at present.
During the last 5 trading sessions, FFIN rose by +4.70%, which changed the moving average for the period of 200-days by +36.48% in comparison to the 20-day moving average, which settled at $36.55. In addition, First Financial Bankshares, Inc. saw 26.94% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at FFIN starting from Thaxton Kirk W, who proposed sale 16,224 shares at the price of $38.43 back on Jul 31 ’24. After this action, Thaxton Kirk W now owns shares of First Financial Bankshares, Inc., valued at $623,488 using the latest closing price.
TROTTER JOHNNY, the Director of First Financial Bankshares, Inc., purchase 1,000 shares at $27.79 during a trade that took place back on Jun 14 ’24, which means that TROTTER JOHNNY is holding 943,371 shares at $27,790 based on the most recent closing price.
Stock Fundamentals for FFIN
Current profitability levels for the company are sitting at:
- 0.39 for the present operating margin
- 1.0 for the gross margin
The net margin for First Financial Bankshares, Inc. stands at 0.31. The total capital return value is set at 0.03. Equity return is now at value 13.96, with 1.55 for asset returns.
Based on First Financial Bankshares, Inc. (FFIN), the company’s capital structure generated 0.1 points at debt to capital in total, while cash flow to debt ratio is standing at 1.74. The debt to equity ratio resting at 0.11. The interest coverage ratio of the stock is 1.37.
Currently, EBITDA for the company is 243.3 million with net debt to EBITDA at -1.92. When we switch over and look at the enterprise to sales, we see a ratio of 8.11. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.11.
Conclusion
To sum up, First Financial Bankshares, Inc. (FFIN) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others 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.
