First Financial Bankshares Inc (NASDAQ: FFIN) has benefited from significant positive changes in fundamentals: the consensus estimate for December, 2024 increased significantly, the stock’s power rating rose above 70, and the consensus estimate for December, 2025 increased significantly.
Recent notable positive changes in investment behavior have benefitted First Financial Bankshares Inc (NASDAQ: FFIN): the stock’s recent price rise disrupted its longer term downtrend.
In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism 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, FFIN is expected to continue to be an important Value Builder.
First Financial Bankshares has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. First Financial Bankshares has a poor Appreciation Score of 25 but a good Power Rating of 76, resulting in the Neutral Value Trend Rating.
Recent Price Action
First Financial Bankshares Inc (NASDAQ: FFIN) stock closed at $30.34 on 2/28/24 after a modest decline of -1.6%. However, this decline was accompanied by exceptionally low trading volume at 48% of normal. The stock has declined -4.5% during the last week but has been strong relative to the market over the last nine months.
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