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.
In the latest session, First Hawaiian INC (NASDAQ: FHB) closed at $22.86 down -1.55% from its previous closing price of $23.22. In other words, the price has decreased by -$1.55 from its previous closing price. On the day, 0.81 million shares were traded. FHB stock price reached its highest trading level at $23.0 during the session, while it also had its lowest trading level at $22.51.
Ratios:
For a deeper understanding of First Hawaiian INC’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 0.09 whereas as Long-Term Debt/Eq ratio is at 0.02.
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 2873341952 and an Enterprise Value of 1808753792. As of this moment, First’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.45, and their Forward P/E ratio for the next fiscal year is 10.92. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.71. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.49 while its Price-to-Book (P/B) ratio in mrq is 1.09. Its current Enterprise Value per Revenue stands at 2.276.
Stock Price History:
The Beta on a monthly basis for FHB is 0.79, which has changed by 0.053941965 over the last 52 weeks, in comparison to a change of 0.09969199 over the same period for the S&P500. 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 -5.75%, while the 200-Day Moving Average is calculated to be -8.34%.
Shares Statistics:
For the past three months, FHB has traded an average of 940.37K shares per day and 989960 over the past ten days. A total of 126.42M shares are outstanding, with a floating share count of 125.43M. Insiders hold about 0.79% of the company’s shares, while institutions hold 98.79% stake in the company. Shares short for FHB as of 1744675200 were 5672747 with a Short Ratio of 6.03, compared to 1741910400 on 4800260. Therefore, it implies a Short% of Shares Outstanding of 5672747 and a Short% of Float of 7.049999999999999.
Dividends & Splits
According to the company, the forward annual dividend rate for FHB is 1.04, from 1.04 in the trailing year. Against a Trailing Annual Dividend Yield of 0.044788975The stock’s 5-year Average Dividend Yield is 4.59.
