At the time of writing, First Bancorp PR [FBP] stock is trading at $21.65, down -0.14%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The FBP shares have gain 11.14% over the last week, with a monthly amount glided 2.36%, and 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 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.
For the past year, the stock price of First Bancorp PR fluctuated between $13.89 and $22.40. 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 $21.65 at the most recent close of the market. An investor can expect a potential drop of -19.17% based on the average FBP price forecast.
Analyzing the FBP fundamentals
According to First Bancorp PR [NYSE:FBP], the company’s sales were 1.22B for trailing twelve months, which represents an 4.16% jump. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.36.
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 21.52 points at the first support level, and at 21.38 for the second support level. However, for the 1st resistance point, the stock is sitting at 21.92, and for the 2nd resistance point, it is at 22.18.
Ratios To Look Out For
It is important to note that First Bancorp PR [NYSE:FBP] has a current ratio of 0.09. Considering the valuation of this stock, the price to sales ratio is 2.92, the price to book ratio is 2.09 and price to earnings (TTM) ratio is 11.96.
Transactions by insiders
Recent insider trading involved ALEMAN AURELIO, Officer, that happened on Nov 11 ’24 when 50000.0 shares were purchased. EVP and CRO, RIVERA NAYDA completed a deal on Nov 08 ’24 to sell 25000.0 shares. Meanwhile, EVP Lopez-Lay Ginoris sold 64000.0 shares on Nov 07 ’24.
