A share price of Flushing Financial Corp [FFIC] is currently trading at $11.99, up 0.59%. An important factor to consider is whether the stock is rising or falling in short-term value. The FFIC shares have lost -1.15% over the last week, with a monthly amount drifted -2.12%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Flushing Financial Corp [NASDAQ: FFIC] stock has seen the most recent analyst activity on July 30, 2024, when Piper Sandler downgraded its rating to a Neutral and also boosted its price target to $16.50 from $15. Previously, Raymond James started tracking the stock with Outperform rating on August 31, 2023, and set its price target to $17. On March 19, 2021, DA Davidson initiated with a Neutral rating. Keefe Bruyette downgraded its rating to a Underperform and decreased its price target to $19 on November 04, 2019. Sandler O’Neill upgraded its rating to a Buy and raised its price target to $23 on October 01, 2019. Sandler O’Neill downgraded its rating to Hold for this stock on July 24, 2019. In a note dated April 26, 2018, Gabelli & Co upgraded an Buy rating on this stock but restated the target price of $31.
Flushing Financial Corp experienced fluctuations in its stock price throughout the past year between $10.65 and $18.59. Currently, Wall Street analysts expect the stock to reach $16.75 within the next 12 months. Flushing Financial Corp [NASDAQ: FFIC] shares were valued at $11.99 at the most recent close of the market. An investor can expect a potential return of 39.7% based on the average FFIC price forecast.
Analyzing the FFIC fundamentals
Trailing Twelve Months sales for Flushing Financial Corp [NASDAQ:FFIC] were 424.12M which represents 8.69% growth. Gross Profit Margin for this corporation currently stands at 0.19% with Operating Profit Margin at -0.16%, Pretax Profit Margin comes in at -0.11%, and Net Profit Margin reading is -0.09%. To continue investigating profitability, this company’s Return on Assets is posted at -0.0, Equity is -0.05 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 0.07.
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 11.83 points at the first support level, and at 11.66 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.08, and for the 2nd resistance point, it is at 12.16.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Flushing Financial Corp [NASDAQ:FFIC] is 0.04. Considering the valuation of this stock, the price to sales ratio is 0.95, the price to book ratio is 0.57.
Transactions by insiders
Recent insider trading involved BUONAIUTO THOMAS, Sr. EVP, that happened on Mar 12 ’25 when 6800.0 shares were sold. Sr. EVP, Bingold Michael completed a deal on Mar 12 ’25 to sell 5750.0 shares. Meanwhile, Officer MICHAEL BINGOLD bought 5750.0 shares on Mar 12 ’25.
