For its first fiscal quarter (ending March 31), First Foundation Inc (NYSE: FFWM) has reported E.P.S. of $0.01 compared to $0.15 a year ago. E.P.S. were $-3.66 for the latest four quarters through March 31 versus $1.56 for the same period a year ago.
Recent Price Action
On 4/25/24, First Foundation Inc (NYSE: FFWM) stock declined by -5.0%, closing at $6.70. Moreover, this decline was accompanied by above average trading volume at 139% of normal. The stock has been strong relative to the market over the last nine months and has risen 5.7% during the last week.
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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. First Foundation has a good Power Rating of 72 and a very high Appreciation Score of 94, triggering the Highest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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