First Financial Bankshares Inc. (NASDAQ:FFIN) went up by 1.38% during the previous trading session, and it is maintaining the win ahead of Thursday’s trading session. The share price of the Banks – Regional giant went up by $28.71 to trade ended Thursday trading at $28.32. This is up from the $28.32 price recorded on Wednesday’s trading session. Thanks to this latest performance, FFIN is closer to the higher price 52-week target of $29.00 and further from the lowest price target of $22.00. Its performance from the start of the year has also been negative, with FFIN down by -18.21% year-to-date.
First Financial Bankshares Inc. (FFIN) started the day trading at $26.99 and recorded an intraday high of $28.75. It also recorded an intraday low of $26.912 during Thursday’s trading session. First Financial Bankshares Inc. is a very active stock that recorded a trading volume that is more than 34.26% of the average daily trading volume on Thursday. The stock’s trading volume on Thursday was 1036252, which is more than 34.26 of the total average daily trading volume of 681.26K.
First Financial Bankshares Inc. (NASDAQ:FFIN) 2020 Performance Impressive
The increase in FFIN’s stock price on Thursday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of FFIN currently stands at $36.45, which is higher than the current trading price of the stock by 21.23%. However, FFIN’s current trading price is -38.7% lower than the 52-week low price of $20.70. In terms of trading volume, First Financial Bankshares Inc. currently experienced healthy participation during the last trading session. 1036252 shares of First Financial Bankshares Inc. were traded on the stock exchange on Thursday, which is more than 34.26% of the 681.26K average trading volume of the stock.
The performance of the stock has been positive over the past year. FFIN’s performance over the past one year has seen it plunge by -3.69%, while the stock has gone down by -18.90% in the last six months. The quarterly performance of FFIN currently stands at 8.09%, and it is down by -8.65% in the last month. The only negative figure was from the weekly performance, which currently reads -8.45%. At the time of writing FFIN’s report, the company has a total market cap of $4.18B, making it one of the largest publicly-traded companies in the world.First Financial Bankshares Inc. also has over 1345 employees all over the world.
FFIN Insider Activities
For First Financial Bankshares Inc., insiders hold 56.40% of all company shares. The insider transactions over the past six months are up by 1.80%. During that period, insiders bought 224,245 shares in 47 transactions. In that same period, insiders sold 123,706 of their shares in 7 transactions. After these transactions, insiders at First Financial Bankshares Inc. now hold 6.13M shares, which is over 55.76% of the total company stocks. Institutional investors currently hold a large chunk of the FFIN shares, as they control 4.34% of the company’s total stock.
FFIN Fundamental Analysis
For First Financial Bankshares Inc., the stock’s diluted earnings per share (EPS) stands at 1.19. In the coming year, analysts expect the EPS to be 1.12. The EPS growth will up over the next five years to 10.00% after surging by 11.70% in the previous five years. In terms of revenue, First Financial Bankshares Inc.’s quarterly sales (YOY) is growing at 0.28, which is lower than the average annual revenue of 11.70% over the past half a decade.
The Return on Investment (ROI) on First Financial Bankshares Inc.’s stock currently stands at 20.60%, and it has a net profit margin of 49.60%. The operating margin of the company is 87.40%.
FFIN Analysts Prediction
and Hovde Group reiterate their Underperform position on the stock ($37.50 and $43).
Analysts at Hovde Group believe that FFIN is Market Perform, and they have a price target of between $27.50 and $32.50.
FFIN Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of FFIN currently stands at -6.84%, while the SMA50 is 1.06%. The biggest one is the SMA200, which is currently reading -8.86% ahead of Thursday’s trading session. The Relative Strength Index of this stock is 44.01, while its price to earnings ratio (P/E) is 24.15.