Currently, Hanmi Financial Corp [HAFC] is trading at $26.52, up 1.84%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The HAFC shares have gain 7.46% over the last week, with a monthly amount glided 14.71%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Hanmi Financial Corp [NASDAQ: HAFC] stock has seen the most recent analyst activity on December 04, 2024, when Keefe Bruyette downgraded its rating to a Mkt Perform and also boosted its price target to $29 from $24. Previously, Janney upgraded its rating to Buy on November 15, 2024. On October 24, 2024, upgrade upgraded it’s rating to Overweight and revised its price target to $25.50 on the stock. Keefe Bruyette upgraded its rating to a Outperform and increased its price target to $22 on October 02, 2024. DA Davidson downgraded its rating to a Neutral but $25 remained the price target by the analyst firm on May 18, 2022. DA Davidson upgraded its rating to Buy for this stock on November 15, 2021. In a note dated January 27, 2021, Janney upgraded an Buy rating on this stock.
This stock has fluctuated between a low of $15.74 and a high of $27.59 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $21.17 within the next 12 months. Hanmi Financial Corp [NASDAQ: HAFC] shares were valued at $26.52 at the most recent close of the market. An investor can expect a potential drop of -20.17% based on the average HAFC price forecast.
Analyzing the HAFC fundamentals
Trailing Twelve Months sales for Hanmi Financial Corp [NASDAQ:HAFC] were 430.49M which represents -0.29% decline. Gross Profit Margin for this corporation currently stands at 0.54% with Operating Profit Margin at 0.21%, Pretax Profit Margin comes in at 0.21%, and Net Profit Margin reading is 0.15%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.09 and Total Capital is 0.09. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.33.
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 26.24 points at the first support level, and at 25.96 for the second support level. However, for the 1st resistance point, the stock is sitting at 26.76, and for the 2nd resistance point, it is at 27.00.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Hanmi Financial Corp [NASDAQ:HAFC] is 0.13. Considering the valuation of this stock, the price to sales ratio is 1.86, the price to book ratio is 1.07 and price to earnings (TTM) ratio is 12.43.
Transactions by insiders
Recent insider trading involved SANTAROSA ROMOLO, Chief Financial Officer, that happened on Nov 06 ’24 when 25000.0 shares were sold. Chief Financial Officer, Romolo Santarosa completed a deal on Nov 06 ’24 to buy 25000.0 shares.
