First Bancorp PR [FBP] stock is trading at $19.17, down -0.16%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The FBP shares have gain 0.68% over the last week, with a monthly amount drifted -1.54%, and not seem to be holding up well over a long-time horizon.
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.
First Bancorp PR [FBP] stock has fluctuated between $16.25 and $22.40 over the past year. Currently, Wall Street analysts expect the stock to reach $21 within the next 12 months. First Bancorp PR [NYSE: FBP] shares were valued at $19.17 at the most recent close of the market. An investor can expect a potential return of 9.55% based on the average FBP price forecast.
Analyzing the FBP fundamentals
First Bancorp PR [NYSE:FBP] reported sales of 1.23B for the trailing twelve months, which represents a growth of 3.92%. Gross Profit Margin for this corporation currently stands at 0.15% with Operating Profit Margin at 0.36%, Pretax Profit Margin comes in at 0.45%, and Net Profit Margin reading is 0.34%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.19 and Total Capital is 0.02. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.34.
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 18.92 points at the first support level, and at 18.68 for the second support level. However, for the 1st resistance point, the stock is sitting at 19.34, and for the 2nd resistance point, it is at 19.52.
Ratios To Look Out For
For context, First Bancorp PR’s Current Ratio is 0.15. Considering the valuation of this stock, the price to sales ratio is 2.56, the price to book ratio is 1.88 and price to earnings (TTM) ratio is 10.60.
Transactions by insiders
Recent insider trading involved Power Carlos, EVP, that happened on Feb 05 ’25 when 45797.0 shares were sold. EVP, Power Carlos completed a deal on Feb 07 ’25 to sell 10321.0 shares. Meanwhile, Director Heffern John A. sold 15000.0 shares on Nov 29 ’24.
