First Financial Corp/IN (NASDAQ: THFF) has reported earnings for its first fiscal quarter (ending March 31) of $0.93 versus $1.33 for the same period a year ago — a decline of -30%. This result fell short of the consensus estimate of $1.22 by $-0.29. For the latest four quarters through March 31, E.P.S. were $4.69 versus $5.47 for the same period a year ago — a decline of -14%.
Recent Price Action
On 4/30/24, First Financial Corp/IN (NASDAQ: THFF) stock declined slightly by -0.6%, closing at $36.41. NORMAL trading volume accompanied the decline. The stock has performed in line with the market over the last nine months and has declined -1.3% during the last week.
Current PriceTarget Research Rating
THFF’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.
First Financial 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 inconsistent signals. First Financial has a neutral Power Rating of 58 but a very high Appreciation Score of 86, 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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