For its third fiscal quarter (ending September 30), First Financial Bancorp. (NASDAQ: FFBC) has reported a -16% decline in E.P.S. from $0.67 a year ago to $0.56 in the current quarter. E.P.S. were $2.34 for the latest four quarters through September 30 versus $2.86 for the same period a year ago — a decline of -18%.
Recent Price Action
On 10/24/24, First Financial Bancorp. (NASDAQ: FFBC) stock declined slightly by -0.2%, closing at $25.43. Moreover, trading volume in this decline was above average at 129% of normal. Relative to the market the stock has been strong over the last nine months but has declined -3.1% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, FFBC is expected to continue to be a Value Builder.
First Financial Bancorp has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. First Financial Bancorp has a slightly positive Power Rating of 70 and a good Appreciation Score of 80, and the Highest Value Trend Rating results.
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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