At the time of writing, Flushing Financial Corp. [FFIC] stock is trading at $16.17, up 5.76%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The FFIC shares have gain 9.93% over the last week, with a monthly amount glided 14.84%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Flushing Financial Corp. [NASDAQ: FFIC] stock has seen the most recent analyst activity on July 30, 2024, when Piper Sandler downgraded its rating to a Neutral and also boosted its price target to $16.50 from $15. Previously, Raymond James started tracking the stock with Outperform rating on August 31, 2023, and set its price target to $17. On March 19, 2021, DA Davidson initiated with a Neutral rating. Keefe Bruyette downgraded its rating to a Underperform and decreased its price target to $19 on November 04, 2019. Sandler O’Neill upgraded its rating to a Buy and raised its price target to $23 on October 01, 2019. Sandler O’Neill downgraded its rating to Hold for this stock on July 24, 2019. In a note dated April 26, 2018, Gabelli & Co upgraded an Buy rating on this stock but restated the target price of $31.
For the past year, the stock price of Flushing Financial Corp. fluctuated between $10.74 and $18.00. Currently, Wall Street analysts expect the stock to reach $16.75 within the next 12 months. Flushing Financial Corp. [NASDAQ: FFIC] shares were valued at $16.17 at the most recent close of the market. An investor can expect a potential return of 3.59% based on the average FFIC price forecast.
Analyzing the FFIC fundamentals
According to Flushing Financial Corp. [NASDAQ:FFIC], the company’s sales were 473.62M for trailing twelve months, which represents an 17.83% jump. Gross Profit Margin for this corporation currently stands at 0.96% with Operating Profit Margin at 0.08%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.04 and Total Capital is 0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.27.
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 15.67 points at the first support level, and at 15.17 for the second support level. However, for the 1st resistance point, the stock is sitting at 16.53, and for the 2nd resistance point, it is at 16.89.
Ratios To Look Out For
It is important to note that Flushing Financial Corp. [NASDAQ:FFIC] has a current ratio of 0.07. Considering the valuation of this stock, the price to sales ratio is 0.99, the price to book ratio is 0.70 and price to earnings (TTM) ratio is 18.48.
Transactions by insiders
Recent insider trading involved Grasso Maria A, Sr. EVP/COO, that happened on Aug 20 ’24 when 4500.0 shares were sold. Officer, Grasso Maria A completed a deal on Aug 20 ’24 to buy 4500.0 shares. Meanwhile, SEVP/CFO Cullen Susan bought 600.0 shares on May 10 ’24.
