At the time of writing, First Bancorp PR [FBP] stock is trading at $20.07, up 1.36%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The FBP shares have gain 2.19% over the last week, with a monthly amount drifted -3.93%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
First Bancorp PR [NYSE: FBP] stock has seen the most recent analyst activity on July 24, 2024, when Hovde Group reiterated its Outperform rating and also boosted its price target to $25 from $21. Previously, Raymond James started tracking the stock with Outperform rating on July 09, 2024, and set its price target to $21. On December 15, 2022, downgrade downgraded it’s rating to Equal Weight and revised its price target to $14 on the stock. Hovde Group initiated its recommendation with a Outperform and recommended $17 as its price target on December 20, 2021. Wells Fargo started tracking with a Overweight rating for this stock on November 09, 2021, and assigned it a price target of $16. In a note dated January 09, 2020, Citigroup downgraded an Neutral rating on this stock.
For the past year, the stock price of First Bancorp PR fluctuated between $12.72 and $22.12. Currently, Wall Street analysts expect the stock to reach $14 within the next 12 months. First Bancorp PR [NYSE: FBP] shares were valued at $20.07 at the most recent close of the market. An investor can expect a potential drop of -30.24% based on the average FBP price forecast.
Analyzing the FBP fundamentals
According to First Bancorp PR [NYSE:FBP], the company’s sales were 1.20B for trailing twelve months, which represents an 7.76% jump. Gross Profit Margin for this corporation currently stands at 0.52% with Operating Profit Margin at 0.49%, Pretax Profit Margin comes in at 0.34%, and Net Profit Margin reading is 0.27%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.22 and Total Capital is 0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.44.
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 19.93 points at the first support level, and at 19.78 for the second support level. However, for the 1st resistance point, the stock is sitting at 20.34, and for the 2nd resistance point, it is at 20.60.
Ratios To Look Out For
It is important to note that First Bancorp PR [NYSE:FBP] has a current ratio of 0.08. Considering the valuation of this stock, the price to sales ratio is 2.73, the price to book ratio is 2.21 and price to earnings (TTM) ratio is 11.01.
Transactions by insiders
Recent insider trading involved Power Carlos, EVP, that happened on Jul 30 ’24 when 22896.0 shares were sold. President and CEO, ALEMAN AURELIO completed a deal on Jul 29 ’24 to sell 50000.0 shares. Meanwhile, President and CEO ALEMAN AURELIO sold 50000.0 shares on Jul 30 ’24.
