Flagstar Financial Inc [FLG] stock prices are up 2.49% to $9.48 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The FLG shares have gain 2.71% over the last week, with a monthly amount drifted -14.21%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Barclays upgraded its rating to Overweight on September 26, 2024, and kept the price target unchanged to $14. On May 01, 2024, upgrade upgraded it’s rating to Neutral and revised its price target to $3.50 on the stock. Piper Sandler upgraded its rating to a Overweight but stick to its price target of $4 on May 01, 2024. Raymond James downgraded its rating to a Underperform but $3 remained the price target by the analyst firm on March 18, 2024. Barclays started tracking with a Equal Weight rating for this stock on March 08, 2024, and assigned it a price target of $4. In a note dated March 01, 2024, Piper Sandler downgraded an Neutral rating on this stock and revised its target price from $8 to $5.
The stock price of Flagstar Financial Inc [FLG] has been fluctuating between $5.10 and $31.56 over the past year. Currently, Wall Street analysts expect the stock to reach $13 within the next 12 months. Flagstar Financial Inc [NYSE: FLG] shares were valued at $9.48 at the most recent close of the market. An investor can expect a potential return of 37.13% based on the average FLG price forecast.
Analyzing the FLG fundamentals
The Flagstar Financial Inc [NYSE:FLG] reported sales of 6.42B for trailing twelve months, representing a drop of -5.33%. Gross Profit Margin for this corporation currently stands at None% with Operating Profit Margin at None%, Pretax Profit Margin comes in at None%, and Net Profit Margin reading is None%. To continue investigating profitability, this company’s Return on Assets is posted at None, Equity is None and Total Capital is None. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio ofNone.
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 9.22 points at the first support level, and at 8.96 for the second support level. However, for the 1st resistance point, the stock is sitting at 9.73, and for the 2nd resistance point, it is at 9.98.
Ratios To Look Out For
It’s worth pointing out that Flagstar Financial Inc [NYSE:FLG]’s Current Ratio is 1.03. Considering the valuation of this stock, the price to sales ratio is 0.61, the price to book ratio is 0.49.
Transactions by insiders
Recent insider trading involved Lux Marshall, Director, that happened on Mar 21 ’24 when 27100.0 shares were purchased. SEVP & COO, Signorille-Browne Julie completed a deal on Feb 09 ’24 to buy 2000.0 shares. Meanwhile, Sr EVP & President of Banking Davis Reginald E bought 1200.0 shares on Feb 09 ’24.
