At the time of writing, First Foundation Inc [FFWM] stock is trading at $6.29, up 3.45%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The FFWM shares have gain 11.13% over the last week, with a monthly amount drifted -14.42%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
First Foundation Inc [NYSE: FFWM] stock has seen the most recent analyst activity on July 03, 2024, when DA Davidson upgraded its rating to a Buy and also boosted its price target to $9 from $8. Previously, Stephens downgraded its rating to Equal-Weight on July 03, 2024. On July 03, 2024, downgrade downgraded it’s rating to Mkt Perform. Raymond James upgraded its rating to a Strong Buy and increased its price target to $12 on January 05, 2024. Wedbush downgraded its rating to a Neutral and reduced its price target to $6 on November 03, 2023. Piper Sandler downgraded its rating to Neutral for this stock on February 03, 2023, and downed its price target to $16. In a note dated October 26, 2022, DA Davidson downgraded an Neutral rating on this stock but restated the target price of $18.
For the past year, the stock price of First Foundation Inc fluctuated between $4.84 and $11.47. Currently, Wall Street analysts expect the stock to reach $8.67 within the next 12 months. First Foundation Inc [NYSE: FFWM] shares were valued at $6.29 at the most recent close of the market. An investor can expect a potential return of 37.84% based on the average FFWM price forecast.
Analyzing the FFWM fundamentals
According to First Foundation Inc [NYSE:FFWM], the company’s sales were 656.44M for trailing twelve months, which represents an 8.07% jump. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.21%, Pretax Profit Margin comes in at -0.17%, and Net Profit Margin reading is -0.11%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.08 and Total Capital is 0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.74.
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 6.17 points at the first support level, and at 6.04 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.36, and for the 2nd resistance point, it is at 6.42.
Ratios To Look Out For
It is important to note that First Foundation Inc [NYSE:FFWM] has a current ratio of 0.24. Considering the valuation of this stock, the price to sales ratio is 0.79, the price to book ratio is 0.45.
Transactions by insiders
Recent insider trading involved KAVANAUGH SCOTT F, Affiliate, that happened on Dec 18 ’24 when 0.64 million shares were purchased. Chairman, KELLER ULRICH E. JR completed a deal on Feb 29 ’24 to sell 25000.0 shares.
