Home Sectors Financial Services Recent Valuation: First Financial Bankinghares (NASDAQ: FFIN)

Recent Valuation: First Financial Bankinghares (NASDAQ: FFIN)

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First Financial Bankinghares is part of the banking industry and is part of the financial services sector. The company CEO is F. Scott Dueser. First Financial bankinghares Inc is engaged in providing financial services. It operates through its subsidiaries in conducting full-service commercial banking business. The majority of its services are intended for the real estate sector.

Previous Intraday Trading Performance:

The FFIN stock showed a previous change of 0.26% with an open at 60.70 and a close of 60.57. It reached an intraday high of 61.52 and a low of 60.42.

SeekingAlpha:  First Financial Bankshares, Inc. 2018 Q4 – Results – Earnings Call Slides

Liquidity:

The stock has a market cap of $4.1b with 67.8m shares outstanding, of which the float is 65.4m shares. Trading volume reached 238,655 shares compared to its average volume of 318,382 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, First Financial Bankinghares shares returned 1.01% and in the past 30 trading days it returned -0.13%. Over three months, it changed 0.66%. In one year it has changed 24.98% and within that year its 52-week high was 66.83 and its 52-week low was 45.05. FFIN stock is 34.45% above its 52 Week Low.

Our calculations show a 200 day moving average of 58.79 and a 50 day moving average of 61.86. Currently FFIN stock is trading 3.03% above its 200 day moving average and may be a good opportunity to buy.

SeekingAlpha:  First Financial Bankshares, Inc. 2018 Q4 – Results – Earnings Call Slides

Earnings:

The last annual fiscal EPS for the company was reported at 2.22 that ended on 31st of December 2018, which according to the previous close, that is a PE of 27.28. Based on 3 analyst estimates, the consensus EPS for the next quarter is 0.58. The TTM EPS is 2.17, which comes to a TTM PE of 27.91. Historically, the PE high was 36.90 and the PE low was 15.70. If the stock reached its PE low, that would represent a price of 34.07, which is a decrease of -43.75%.

The following are the last four quarter reported earnings per share:
12-31-2018:  0.58
09-30-2018:  0.59
06-30-2018:  0.55
03-31-2018:  0.45

The dividend per share is currently 0.84, which is a dividend yield of 1.38%. Also, the payout ratio is 38.71%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 45.84, which means it may be overvalued by -32.13%

Indicators to Watch:

Based on the latest filings, there is 3.60% of insider ownership and 89.70% of institutional ownership. Short-interest is 0, which is 0.00% of shares outstanding. The short-interest ratio or days-to-cover ratio is 0.00.

The current calculated beta is 1.15

Business Wire:  The Finish Line, Inc. and JD Sports Fashion Plc Announce Completion of Merger

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 15.25%, return on assets is 2.01%, profit margin is 38.29%, price-to-sales is 10.45 and price-to-book is 3.90.

Company Scores:

All scores are out of six:
 0  :Valuation Score
 3  :Past Performance Score
 6  :Financial Strength Score
 1  :Future Growth Score
 4  :Dividend Score
 2  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.