A share price of First Bancorp PR [FBP] is currently trading at $22.20, up 13.96%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The FBP shares have gain 14.43% over the last week, with a monthly amount glided 10.61%, and seem to be holding up well over a long-time horizon.
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
From an analyst’s perspective:
First Bancorp PR [NYSE: FBP] stock has seen the most recent analyst activity on October 25, 2024, when Hovde Group reiterated its Outperform rating and also revised its price target to $24 from $25. On July 24, 2024, Hovde Group reiterated its Outperform rating and revised its price target to $25 on the stock. Raymond James started tracking the stock assigning a Outperform rating and suggested a price target of $21 on July 09, 2024. Wells Fargo downgraded its rating to a Equal Weight and reduced its price target to $14 on December 15, 2022. In a note dated December 20, 2021, Hovde Group initiated an Outperform rating and provided a target price of $17 on this stock.
First Bancorp PR experienced fluctuations in its stock price throughout the past year between $13.89 and $22.12. Currently, Wall Street analysts expect the stock to reach $17.5 within the next 12 months. First Bancorp PR [NYSE: FBP] shares were valued at $22.20 at the most recent close of the market. An investor can expect a potential drop of -21.17% based on the average FBP price forecast.
Analyzing the FBP fundamentals
Trailing Twelve Months sales for First Bancorp PR [NYSE:FBP] were 1.22B which represents 4.67% growth. Gross Profit Margin for this corporation currently stands at 0.42% with Operating Profit Margin at 0.58%, Pretax Profit Margin comes in at 0.4%, and Net Profit Margin reading is 0.32%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.2 and Total Capital is 0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.36.
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 21.33 points at the first support level, and at 20.46 for the second support level. However, for the 1st resistance point, the stock is sitting at 22.73, and for the 2nd resistance point, it is at 23.27.
Ratios To Look Out For
To put it in perspective, the Current Ratio for First Bancorp PR [NYSE:FBP] is 0.15. Considering the valuation of this stock, the price to sales ratio is 2.99, the price to book ratio is 2.14 and price to earnings (TTM) ratio is 12.27.
Transactions by insiders
Recent insider trading involved McDonald Michael, EVP, that happened on Sep 03 ’24 when 1944.0 shares were sold. EVP, McDonald Michael completed a deal on Aug 26 ’24 to sell 7612.0 shares. Meanwhile, Director Frye Daniel Edward bought 7662.0 shares on Sep 09 ’24.
