Wall Street predicts First Hawaiian INC (FHB) stock to surge by 26.71%

At the time of writing, First Hawaiian INC [FHB] stock is trading at $20.52, down -1.54%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The FHB shares have gain 1.13% over the last week, with a monthly amount glided 2.24%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

First Hawaiian INC [NASDAQ: FHB] stock has seen the most recent analyst activity on March 08, 2024, when Barclays initiated its Equal Weight rating and assigned the stock a price target of $25. Previously, Wells Fargo downgraded its rating to Underweight on January 05, 2024, and kept the price target unchanged to $18. On December 13, 2022, upgrade upgraded it’s rating to Neutral but maintained its price target of $26 on the stock. Keefe Bruyette downgraded its rating to a Mkt Perform but stick to its price target of $34 on April 25, 2022. Compass Point downgraded its rating to a Neutral but $29 remained the price target by the analyst firm on January 24, 2022. BofA Securities downgraded its rating to Underperform for this stock on October 08, 2021, but kept the price target unchanged to $33. In a note dated July 08, 2021, Raymond James initiated an Mkt Perform rating.

For the past year, the stock price of First Hawaiian INC fluctuated between $17.18 and $23.22. Currently, Wall Street analysts expect the stock to reach $26 within the next 12 months. First Hawaiian INC [NASDAQ: FHB] shares were valued at $20.52 at the most recent close of the market. An investor can expect a potential return of 26.71% based on the average FHB price forecast.

Analyzing the FHB fundamentals

According to First Hawaiian INC [NASDAQ:FHB], the company’s sales were 1.17B for trailing twelve months, which represents an 12.58% jump. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.47%, Pretax Profit Margin comes in at 0.29%, and Net Profit Margin reading is 0.22%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.09 and Total Capital is 0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.2.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 20.35 points at the first support level, and at 20.19 for the second support level. However, for the 1st resistance point, the stock is sitting at 20.82, and for the 2nd resistance point, it is at 21.13.

Ratios To Look Out For

It is important to note that First Hawaiian INC [NASDAQ:FHB] has a current ratio of 0.09. Considering the valuation of this stock, the price to sales ratio is 2.25, the price to book ratio is 1.04 and price to earnings (TTM) ratio is 11.81.

Transactions by insiders

Recent insider trading involved Dods Christopher L, VICE CH & CHIEF OPERATING OFCR, that happened on Dec 01 ’23 when 4350.0 shares were sold.

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