First Financial Bancorp [FFBC] stock prices are down -0.04% to $27.55 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The FFBC shares have gain 4.12% over the last week, with a monthly amount drifted -4.80%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
First Financial Bancorp [NASDAQ: FFBC] stock has seen the most recent analyst activity on December 09, 2024, when Stephens upgraded its rating to a Overweight. On July 10, 2023, upgrade upgraded it’s rating to Overweight and revised its price target to $24 on the stock. Piper Sandler downgraded its rating to a Neutral and increased its price target to $23 on March 03, 2021. Piper Sandler upgraded its rating to a Overweight and raised its price target to $22 on February 01, 2021. Piper Jaffray upgraded its rating to Overweight for this stock on June 20, 2019. In a note dated February 25, 2019, Keefe Bruyette downgraded an Mkt Perform rating on this stock and revised its target price from $31 to $30.
The stock price of First Financial Bancorp [FFBC] has been fluctuating between $20.59 and $31.18 over the past year. Currently, Wall Street analysts expect the stock to reach $25 within the next 12 months. First Financial Bancorp [NASDAQ: FFBC] shares were valued at $27.55 at the most recent close of the market. An investor can expect a potential drop of -9.26% based on the average FFBC price forecast.
Analyzing the FFBC fundamentals
The First Financial Bancorp [NASDAQ:FFBC] reported sales of 1.19B for trailing twelve months, representing a surge of 4.86%. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.27%, Pretax Profit Margin comes in at 0.25%, and Net Profit Margin reading is 0.2%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.09 and Total Capital is 0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.47.
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 27.31 points at the first support level, and at 27.08 for the second support level. However, for the 1st resistance point, the stock is sitting at 27.70, and for the 2nd resistance point, it is at 27.86.
Ratios To Look Out For
It’s worth pointing out that First Financial Bancorp [NASDAQ:FFBC]’s Current Ratio is 0.13. Considering the valuation of this stock, the price to sales ratio is 2.21, the price to book ratio is 1.07 and price to earnings (TTM) ratio is 11.90.
Transactions by insiders
Recent insider trading involved Harris Gregory A, President, Wealth Management, that happened on Nov 26 ’24 when 5400.0 shares were sold. Officer, Harris Gregory A completed a deal on Nov 26 ’24 to buy 5400.0 shares. Meanwhile, Chief Financial Officer ANDERSON JAMES M sold 7632.0 shares on Nov 25 ’24.
