Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The closing price of First Hawaiian INC (NASDAQ: FHB) was $23.16 for the day, up 0.52% from the previous closing price of $23.04. In other words, the price has increased by $0.52 from its previous closing price. On the day, 0.55 million shares were traded.
Ratios:
Our analysis of FHB’s different ratios will help us gain a deeper understanding of the company. In the meantime, Its Debt-to-Equity ratio is 0.09 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Stephens on November 27, 2024, initiated with a Equal-Weight rating and assigned the stock a target price of $30.
On July 29, 2024, JP Morgan Downgraded its rating to Underweight which previously was Neutral but kept the price unchanged to $24.
On March 08, 2024, Barclays started tracking the stock assigning a Equal Weight rating and target price of $25.Barclays initiated its Equal Weight rating on March 08, 2024, with a $25 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FHB now has a Market Capitalization of 2911652096. As of this moment, First’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.61, and their Forward P/E ratio for the next fiscal year is 11.14. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.75. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.51 while its Price-to-Book (P/B) ratio in mrq is 1.10.
Stock Price History:
Over the past 52 weeks, FHB has reached a high of $28.80, while it has fallen to a 52-week low of $19.89. The 50-Day Moving Average of the stock is -0.83%, while the 200-Day Moving Average is calculated to be -7.02%.
Shares Statistics:
A total of 125.69M shares are outstanding, with a floating share count of 124.73M. Insiders hold about 0.79% of the company’s shares, while institutions hold 97.82% stake in the company.
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 0.045138884
