Finance of America Companies Inc (NYSE: FOA) has experienced a decline in its stock price by -10.51 compared to its previous closing price of 22.08. However, the company has seen a fall of -27.62% in its stock price over the last five trading days. zacks.com reported 2024-11-06 that Finance of America Companies Inc. (FOA) came out with quarterly earnings of $0.67 per share, beating the Zacks Consensus Estimate of $0.13 per share. This compares to loss of $1.10 per share a year ago.
Is It Worth Investing in Finance of America Companies Inc (NYSE: FOA) Right Now?
The price-to-earnings ratio for Finance of America Companies Inc (NYSE: FOA) is above average at 3.71x. The 36-month beta value for FOA is also noteworthy at 1.24. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 1 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for FOA is 3.79M, and at present, short sellers hold a 1.78% of that float. The average trading volume of FOA on November 26, 2024 was 53.52K shares.
FOA’s Market Performance
The stock of Finance of America Companies Inc (FOA) has seen a -27.62% decrease in the past week, with a 46.91% rise in the past month, and a 180.28% gain in the past quarter. The volatility ratio for the week is 22.98%, and the volatility levels for the past 30 days are at 18.08% for FOA. The simple moving average for the past 20 days is 11.92% for FOA’s stock, with a 127.10% simple moving average for the past 200 days.
Analysts’ Opinion of FOA
Many brokerage firms have already submitted their reports for FOA stocks, with UBS repeating the rating for FOA by listing it as a “Neutral.” The predicted price for FOA in the upcoming period, according to UBS is $24 based on the research report published on November 20, 2024 of the current year 2024.
Credit Suisse, on the other hand, stated in their research note that they expect to see FOA reach a price target of $2. The rating they have provided for FOA stocks is “Neutral” according to the report published on August 16th, 2023.
Morgan Stanley gave a rating of “Equal-Weight” to FOA, setting the target price at $5 in the report published on October 11th of the previous year.
FOA Trading at 44.40% from the 50-Day Moving Average
After a stumble in the market that brought FOA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -29.15% of loss for the given period.
Volatility was left at 18.08%, however, over the last 30 days, the volatility rate increased by 22.98%, as shares surge +51.42% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +78.99% upper at present.
During the last 5 trading sessions, FOA fell by -27.62%, which changed the moving average for the period of 200-days by +138.07% in comparison to the 20-day moving average, which settled at $17.66. In addition, Finance of America Companies Inc saw 79.64% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for FOA
Current profitability levels for the company are sitting at:
- 1.09 for the present operating margin
- 0.91 for the gross margin
The net margin for Finance of America Companies Inc stands at 0.19. The total capital return value is set at 0.03. Equity return is now at value 60.56, with 0.52 for asset returns.
Based on Finance of America Companies Inc (FOA), the company’s capital structure generated 0.97 points at debt to capital in total, while cash flow to debt ratio is standing at -0.04. The debt to equity ratio resting at 32.04. The interest coverage ratio of the stock is 1.02.
When we switch over and look at the enterprise to sales, we see a ratio of 12.78.
Conclusion
In summary, Finance of America Companies Inc (FOA) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing 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.
