The First Bancshares Inc/MS (NASDAQ: FBMS). Important negative changes in fundamentals have recently occurred: the stock’s power rating fell below 50, the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly.
Significant negative changes in investment behavior have recently occurred for The First Bancshares Inc/MS (NASDAQ: FBMS): its longer term price trend turned down.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, FBMS is expected to continue to be a modest Value Builder.
First Bancshares has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. First Bancshares has a good Appreciation Score of 81 but a neutral Power Rating of 41, leading to the High Neutral Value Trend Rating.
Recent Price Action
The First Bancshares Inc/MS (NASDAQ: FBMS) stock closed at $24.15 on 2/26/24 after a modest decline of -1.2%. NORMAL trading volume accompanied the decline. The stock has declined -3.3% during the last week and has performed in line with the market over the last nine months.
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