For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
First Hawaiian INC (NASDAQ: FHB) closed the day trading at $24.26 down -1.62% from the previous closing price of $24.66. In other words, the price has decreased by -$1.62 from its previous closing price. On the day, 2.43 million shares were traded. FHB stock price reached its highest trading level at $24.8 during the session, while it also had its lowest trading level at $24.18.
Ratios:
For a better understanding of FHB, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.12 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 3061515008 and an Enterprise Value of 2208556544. As of this moment, First’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.52, and their Forward P/E ratio for the next fiscal year is 11.47. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.88. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.62 while its Price-to-Book (P/B) ratio in mrq is 1.17. Its current Enterprise Value per Revenue stands at 2.782.
Stock Price History:
The Beta on a monthly basis for FHB is 0.75, which has changed by 0.14003754 over the last 52 weeks, in comparison to a change of 0.08190584 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 -7.60%, while the 200-Day Moving Average is calculated to be -1.25%.
Shares Statistics:
Over the past 3-months, FHB traded about 780.96K shares per day on average, while over the past 10 days, FHB traded about 1060600 shares per day. A total of 126.42M shares are outstanding, with a floating share count of 125.45M. Insiders hold about 0.77% of the company’s shares, while institutions hold 99.24% stake in the company. Shares short for FHB as of 1740700800 were 4190277 with a Short Ratio of 5.37, compared to 1738281600 on 4127640. Therefore, it implies a Short% of Shares Outstanding of 4190277 and a Short% of Float of 5.1499999999999995.
Dividends & Splits
FHB’s forward annual dividend rate is 1.04, up from 1.04 a year ago. Against a Trailing Annual Dividend Yield of 0.04217356The stock’s 5-year Average Dividend Yield is 4.62.
Earnings Estimates
The stock of First Hawaiian INC (FHB) is currently being evaluated by 7.0 analysts who are actively contributing to its market rating.The consensus estimate for the next quarter is $0.48, with high estimates of $0.51 and low estimates of $0.45.
Analysts are recommending an EPS of between $2.05 and $1.85 for the fiscal current year, implying an average EPS of $1.95. EPS for the following year is $2.13, with 7.0 analysts recommending between $2.25 and $2.05.
Revenue Estimates
4 analysts predict $210.24M in revenue for the current quarter. It ranges from a high estimate of $211M to a low estimate of $208.9M. As of the current estimate, First Hawaiian INC’s year-ago sales were $154.43MFor the next quarter, 4 analysts are estimating revenue of $214.82M. There is a high estimate of $216M for the next quarter, whereas the lowest estimate is $213.3M.
A total of 4 analysts have provided revenue estimates for FHB’s current fiscal year. The highest revenue estimate was $870.1M, while the lowest revenue estimate was $860.4M, resulting in an average revenue estimate of $866.03M. In the same quarter a year ago, actual revenue was $808.54MBased on 4 analysts’ estimates, the company’s revenue will be $907.1M in the next fiscal year. The high estimate is $913.49M and the low estimate is $900.4M.
