First Hawaiian Inc. (FHB) stock is nearly perfect except the valuation

The closing price of First Hawaiian Inc. (NASDAQ: FHB) was $20.94 for the day, down -1.09% from the previous closing price of $21.17. In other words, the price has decreased by -$0.23 from its previous closing price. On the day, 2310652 shares were traded. FHB stock price reached its highest trading level at $21.40 during the session, while it also had its lowest trading level at $19.79.

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Our analysis of FHB’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.26 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.73. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

Upgrades & Downgrades

On April 25, 2022, Keefe Bruyette Downgraded its rating to Mkt Perform which previously was Outperform but kept the price unchanged to $34.

Compass Point Downgraded its Buy to Neutral on January 24, 2022, while the target price for the stock was maintained at $29.

Valuation Measures:

As of this moment, First’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.09, and their Forward P/E ratio for the next fiscal year is 9.25. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 12.61. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.18 while its Price-to-Book (P/B) ratio in mrq is 1.18.

Stock Price History:

Over the past 52 weeks, FHB has reached a high of $29.53, while it has fallen to a 52-week low of $19.68. The 50-Day Moving Average of the stock is 26.19, while the 200-Day Moving Average is calculated to be 25.44.

Shares Statistics:

FHB traded an average of 629.07K shares per day over the past three months and 1.3M shares per day over the past ten days. A total of 127.36M shares are outstanding, with a floating share count of 126.89M. Shares short for FHB as of Jan 12, 2023 were 3.5M with a Short Ratio of 3.45M, compared to 3.63M on Dec 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 2.75% and a Short% of Float of 4.31%.

Dividends & Splits

With its trailing 12-month dividend rate of 1.04, FHB has a forward annual dividend rate of 1.04. Against a Trailing Annual Dividend Yield of 4.91%, it implies a Forward Annual Dividend Yield of 3.74%. The stock’s 5-year Average Dividend Yield is 4.06.

Earnings Estimates

The firm’s stock currently is rated by 8 analysts. On average, analysts expect EPS of $0.56 for the current quarter, with a high estimate of $0.59 and a low estimate of $0.53, while EPS last year was $0.45. The consensus estimate for the next quarter is $0.57, with high estimates of $0.6 and low estimates of $0.54.

Analysts are recommending an EPS of between $2.42 and $2.16 for the fiscal current year, implying an average EPS of $2.3. EPS for the following year is $2.26, with 8 analysts recommending between $2.51 and $2.05.

Revenue Estimates

It is expected that $90B in revenue will be generated in the current quarter, according to 6 analysts. It ranges from a high estimate of $224.14M to a low estimate of $219M. As of the current estimate, First Hawaiian Inc.’s year-ago sales were $154.97M, an estimated increase of 42.60% from the year-ago figure. For the next quarter, 6 analysts are estimating revenue of $224.08M, an increase of 18.40% less than the figure of $42.60% in the same quarter last year. There is a high estimate of $227.53M for the next quarter, whereas the lowest estimate is $222M.

A total of 6 analysts have provided revenue estimates for FHB’s current fiscal year. The highest revenue estimate was $919.7M, while the lowest revenue estimate was $885.94M, resulting in an average revenue estimate of $899.47M. In the same quarter a year ago, actual revenue was $793.07M, up 13.40% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $912.65M in the next fiscal year. The high estimate is $957.08M and the low estimate is $866.52M. The average revenue growth estimate for next year is up 1.50% from the average revenue estimate for this year.