Home Sectors Financial Services Technicals and Fundamentals: First Bancorp (NASDAQ: FBNC)

Technicals and Fundamentals: First Bancorp (NASDAQ: FBNC)

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First Bancorp is part of the financial services sector and trades as part of the banking industry. The company CEO is Richard H. Moore. First Bancorp is a bank holding company of First Bank. It is company is engaged in providing banking services such as acceptance of deposits and the lending funds to the customers for various purposes.

Previous Intraday Trading Performance:

The FBNC stock showed a previous change of 0.29% with an open at 37.51 and a close of 37.54. It reached an intraday high of 37.86 and a low of 37.41.

PR Newswire:  First Bancorp Announces Cash Dividend Increase and Share Repurchase Authorization

Liquidity:

The stock has a market cap of $1.1b with 29.7m shares outstanding, of which the float is 27.2m shares. Trading volume reached 42,205 shares compared to its average volume of 74,028 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 Bancorp shares returned 1.38% and in the past 30 trading days it returned 0.86%. Over three months, it changed 8.11%. In one year it has changed 1.39% and within that year its 52-week high was 43.14 and its 52-week low was 30.50. FBNC stock is 23.08% above its 52 Week Low.

Our calculations show a 200 day moving average of 38.98 and a 50 day moving average of 36.86. Currently FBNC stock is trading -3.69% below its 200 day moving average and may be a good opportunity to buy, but should check other indicators to confirm a buy signal.

PR Newswire:  First Bancorp Announces Cash Dividend Increase and Share Repurchase Authorization

Earnings:

The last annual fiscal EPS for the company was reported at 3.01 that ended on 31st of December 2018, which according to the previous close, that is a PE of 12.47. Based on 2 analyst estimates, the consensus EPS for the next quarter is 0.73. The TTM EPS is 3.01, which comes to a TTM PE of 12.47. Historically, the PE high was 31.40 and the PE low was 12.47. FBNC stock has set a new PE low record!

The following are the last four quarter reported earnings per share:
12-31-2018:  0.80
09-30-2018:  0.74
06-30-2018:  0.77
03-31-2018:  0.70

The dividend per share is currently 0.48, which is a dividend yield of 1.28%. Also, the payout ratio is 15.95%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 54.30, which means it is possibly undervalued and has a margin of safety of 30.87%

Indicators to Watch:

Based on the latest filings, there is 8.40% of insider ownership and 93.80% 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 1.26

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 12.25%, return on assets is 1.56%, profit margin is 30.41%, price-to-sales is 3.79 and price-to-book is 1.46.

Company Scores:

All scores are out of six:
 3  :Valuation Score
 4  :Past Performance Score
 5  :Financial Strength Score
 0  :Future Growth Score
 4  :Dividend Score
 3  :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.

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