Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
After finishing at $25.24 in the prior trading day, First Hawaiian INC (NASDAQ: FHB) closed at $25.07, down -0.67%. In other words, the price has decreased by -$0.67 from its previous closing price. On the day, 0.59 million shares were traded. FHB stock price reached its highest trading level at $25.22 during the session, while it also had its lowest trading level at $24.88.
Ratios:
Our goal is to gain a better understanding of FHB by taking a closer look at its different ratios. 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 3206102016 and an Enterprise Value of 2380323328. As of this moment, First’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.28, and their Forward P/E ratio for the next fiscal year is 14.51. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.05. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.66 while its Price-to-Book (P/B) ratio in mrq is 1.21. Its current Enterprise Value per Revenue stands at 2.94.
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 $19.48. The 50-Day Moving Average of the stock is -5.56%, while the 200-Day Moving Average is calculated to be 7.16%.
Shares Statistics:
The stock has traded on average 660.16K shares per day over the past 3-months and 535490 shares per day over the last 10 days, according to various share statistics. A total of 127.89M shares are outstanding, with a floating share count of 127.12M. Insiders hold about 0.60% of the company’s shares, while institutions hold 98.66% stake in the company. Shares short for FHB as of 1734048000 were 4784617 with a Short Ratio of 7.25, compared to 1731628800 on 4564453. Therefore, it implies a Short% of Shares Outstanding of 4784617 and a Short% of Float of 5.7800002.
Dividends & Splits
In the trailing 12 months, FHB’s forward annual dividend rate was 1.04, compared to 1.04 this year. Against a Trailing Annual Dividend Yield of 0.041204438The stock’s 5-year Average Dividend Yield is 4.62.
