First Foundation Inc (NYSE: FFWM) stock enjoyed a major increase of 10.6% on 3/20/24. The shares closed at $7.30. This advance was accompanied by normal trading volume. The stock has declined -8.7% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
FFWM’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to be a modest Value Builder.
First Foundation has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. First Foundation has a very high Appreciation Score of 94 and a very high Power Rating of 95, producing the Highest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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