A share price of First Financial Bancorp [FFBC] is currently trading at $29.40, up 13.82%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The FFBC shares have gain 12.90% over the last week, with a monthly amount glided 20.99%, 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:
Previously, Piper Sandler upgraded its rating to Overweight on July 10, 2023, and elevated its price target to $24. On March 03, 2021, downgrade downgraded it’s rating to Neutral and revised its price target to $23 on the stock. Piper Sandler upgraded its rating to a Overweight and increased its price target to $22 on February 01, 2021. Piper Jaffray upgraded its rating to a Overweight. Keefe Bruyette downgraded its rating to Mkt Perform for this stock on February 25, 2019, and downed its price target to $30. In a note dated November 29, 2018, Sandler O’Neill downgraded an Hold rating on this stock.
First Financial Bancorp experienced fluctuations in its stock price throughout the past year between $19.00 and $28.25. Currently, Wall Street analysts expect the stock to reach $25 within the next 12 months. First Financial Bancorp [NASDAQ: FFBC] shares were valued at $29.40 at the most recent close of the market. An investor can expect a potential drop of -14.97% based on the average FFBC price forecast.
Analyzing the FFBC fundamentals
Trailing Twelve Months sales for First Financial Bancorp [NASDAQ:FFBC] were 1.19B which represents 4.86% growth. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.26%, and Net Profit Margin reading is 0.21%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.09 and Total Capital is 0.0. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.45.
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 28.25 points at the first support level, and at 27.10 for the second support level. However, for the 1st resistance point, the stock is sitting at 30.16, and for the 2nd resistance point, it is at 30.92.
Ratios To Look Out For
To put it in perspective, the Current Ratio for First Financial Bancorp [NASDAQ:FFBC] is 0.13. Considering the valuation of this stock, the price to sales ratio is 2.36, the price to book ratio is 1.15 and price to earnings (TTM) ratio is 12.70.
Transactions by insiders
Recent insider trading involved Berta Vince, Director, that happened on Nov 06 ’24 when 10000.0 shares were sold. Controller & Prin Actg Officer, Crawley Scott T completed a deal on Nov 06 ’24 to sell 3000.0 shares. Meanwhile, Director Berta Vince bought 10000.0 shares on Nov 06 ’24.
