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.
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.
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.
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.
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.