Closing Figures: First Foundation Inc (FFWM)’s Positive Finish at 5.53, Up 3.75

The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

After finishing at $5.33 in the prior trading day, First Foundation Inc (NYSE: FFWM) closed at $5.53, up 3.75%. In other words, the price has increased by $3.75 from its previous closing price. On the day, 0.62 million shares were traded. FFWM stock price reached its highest trading level at $5.54 during the session, while it also had its lowest trading level at $5.35.

Ratios:

Our goal is to gain a better understanding of FFWM by taking a closer look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 2.02 whereas as Long-Term Debt/Eq ratio is at 2.02.

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 the company, Raymond James on January 05, 2024, Upgraded its rating to Strong Buy and sets its target price to $12 from $9.50 previously.

On November 03, 2023, Wedbush Downgraded its rating to Neutral which previously was Outperform and also lowered its target price recommendation from $7 to $6.

Piper Sandler Downgraded its Overweight to Neutral on February 03, 2023, whereas the target price for the stock was revised from $17.50 to $16.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 29 ’24 when KELLER ULRICH E. JR sold 25,000 shares for $8.16 per share. The transaction valued at 203,975 led to the insider holds 1,230,622 shares of the business.

KELLER ULRICH E. JR sold 30,000 shares of FFWM for $266,940 on Dec 15 ’23. The Chairman now owns 215,000 shares after completing the transaction at $8.90 per share.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FFWM now has a Market Capitalization of 312510816 and an Enterprise Value of 597345600. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.49 while its Price-to-Book (P/B) ratio in mrq is 0.34. Its current Enterprise Value per Revenue stands at 2.568.

Stock Price History:

The Beta on a monthly basis for FFWM is 1.30, which has changed by 0.28904426 over the last 52 weeks, in comparison to a change of 0.26159418 over the same period for the S&P500. Over the past 52 weeks, FFWM has reached a high of $11.47, while it has fallen to a 52-week low of $3.69. The 50-Day Moving Average of the stock is -19.02%, while the 200-Day Moving Average is calculated to be -23.86%.

Shares Statistics:

The stock has traded on average 476.47K shares per day over the past 3-months and 650450 shares per day over the last 10 days, according to various share statistics. A total of 56.47M shares are outstanding, with a floating share count of 51.61M. Insiders hold about 8.68% of the company’s shares, while institutions hold 76.83% stake in the company. Shares short for FFWM as of 1714435200 were 5094530 with a Short Ratio of 10.69, compared to 1711584000 on 4643860. Therefore, it implies a Short% of Shares Outstanding of 5094530 and a Short% of Float of 9.83.

Dividends & Splits

In the trailing 12 months, FFWM’s forward annual dividend rate was 0.06, compared to 0.05 this year. Against a Trailing Annual Dividend Yield of 0.011257036The stock’s 5-year Average Dividend Yield is 2.19.

Earnings Estimates

A comprehensive evaluation of First Foundation Inc (FFWM) is underway, with the input of 5.0 analysts contributing to its current rating.On average, analysts expect EPS of $0.01 for the current quarter, with a high estimate of $0.04 and a low estimate of $0.0, while EPS last year was $0.07. The consensus estimate for the next quarter is $0.04, with high estimates of $0.11 and low estimates of $0.01.

Analysts are recommending an EPS of between $0.3 and $0.08 for the fiscal current year, implying an average EPS of $0.17. EPS for the following year is $0.82, with 5.0 analysts recommending between $1.13 and $0.55.

Revenue Estimates

For the next quarter, 5 analysts are estimating revenue of $58.74M. There is a high estimate of $62.96M for the next quarter, whereas the lowest estimate is $52.81M.

A total of 5 analysts have provided revenue estimates for FFWM’s current fiscal year. The highest revenue estimate was $237.74M, while the lowest revenue estimate was $209.51M, resulting in an average revenue estimate of $226.89M. In the same quarter a year ago, actual revenue was $251.66MBased on 5 analysts’ estimates, the company’s revenue will be $292.64M in the next fiscal year. The high estimate is $322.85M and the low estimate is $262.32M.

Most Popular