Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
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
In the latest session, First Bancorp PR (NYSE: FBP) closed at $20.12 down -3.55% from its previous closing price of $20.86. In other words, the price has decreased by -$3.55 from its previous closing price. On the day, 0.88 million shares were traded. FBP stock price reached its highest trading level at $20.86 during the session, while it also had its lowest trading level at $20.11.
Ratios:
For a deeper understanding of First Bancorp PR’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 0.44 whereas as Long-Term Debt/Eq ratio is at 0.32.
On July 24, 2024, Hovde Group reiterated its Outperform rating and also lowered its target price recommendation from $21 to $25.
On July 09, 2024, Raymond James started tracking the stock assigning a Outperform rating and target price of $21.Raymond James initiated its Outperform rating on July 09, 2024, with a $21 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Sep 03 ’24 when McDonald Michael sold 1,944 shares for $21.51 per share. The transaction valued at 41,815 led to the insider holds 87,476 shares of the business.
McDonald Michael sold 7,612 shares of FBP for $164,800 on Aug 26 ’24. The EVP now owns 89,420 shares after completing the transaction at $21.65 per share. On Sep 09 ’24, another insider, Frye Daniel Edward, who serves as the Director of the company, bought 7,662 shares for $21.63 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FBP now has a Market Capitalization of 3296984064 and an Enterprise Value of 3472145920. As of this moment, First’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.03, and their Forward P/E ratio for the next fiscal year is 10.88. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.65. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.74 while its Price-to-Book (P/B) ratio in mrq is 2.21. Its current Enterprise Value per Revenue stands at 3.968.
Stock Price History:
Over the past 52 weeks, FBP has reached a high of $22.12, while it has fallen to a 52-week low of $12.72. The 50-Day Moving Average of the stock is -2.40%, while the 200-Day Moving Average is calculated to be 9.43%.
Shares Statistics:
For the past three months, FBP has traded an average of 989.78K shares per day and 732550 over the past ten days. A total of 169.30M shares are outstanding, with a floating share count of 159.84M. Insiders hold about 2.46% of the company’s shares, while institutions hold 94.53% stake in the company. Shares short for FBP as of 1727654400 were 2514914 with a Short Ratio of 2.54, compared to 1724976000 on 2472313. Therefore, it implies a Short% of Shares Outstanding of 2514914 and a Short% of Float of 2.2399999999999998.
Dividends & Splits
According to the company, the forward annual dividend rate for FBP is 0.62, from 0.6 in the trailing year. Against a Trailing Annual Dividend Yield of 0.028763184The stock’s 5-year Average Dividend Yield is 2.86.
